Sacheerome IPO

About Sacheerome IPO

The IPO of Sacheerome Ltd comprises a fresh issue of up to 60,40,800 equity shares of face value of ₹10 each. There’s no offer for sale in this IPO, which is a 100% book-built issue.

Objectives of Sacheerome IPO

• For setting up a new manufacturing facility at Gautam Buddha Nagar, UP
• General corporate purpose

Industry Outlook

India’s fragrances market is anticipated to grow at a CAGR of 14.50% from 2024 to 2032, driven by factors such as rising disposable incomes, increasing consumer focus on personal grooming, and the proliferation of global beauty trends via social media.

On the other hand, the Indian flavours market is experiencing robust growth, driven primarily by the expanding food processing industry and increased demand for packaged, ready-to-eat foods and beverages. According to a report by IMARC Group, the market size reached ₹4287 crores in 2023 and is projected to grow at a CAGR of 7.1% from 2023 to 2032, reaching ₹8100 crores by 2032.

Company Information

Sacheerome Ltd is in the business of creation and manufacturing of fragrance and flavours. Fragrances and flavours are one of the most important factors in determining customer buying and preferences, and are thus viewed as vital components in any FMCG product's market standing and repurchase.

Fragrances manufactured by Sacheerome are used in the personal care & wash, body Care, hair care & wash, fabric care, home care, baby care, fine fragrance, air care, pet care, men’s Grooming, hygiene & wellness and various other industries.

Flavours manufactured by Sacheerome are used in beverage, bakery, confectionery, dairy products, health & nutrition, oral care, shisha, meat products, dry flavours, Seasonings and other such aveneues.

Our products adhere to the global standards such as the International Fragrance Association (IFRA), European Commission (EU), Food Safety and Standards Authority of India (FSSAI),and Flavour Extract Manufacturers Association (FEMA as per the requirements of the customers).

Risks of Sacheerome IPO

• Failure to Anticipate Market Trends

The success of the company’s products depends on its ability, as well as that of its customers, to anticipate market trends and understand customer preferences early on, leveraging this information successfully. Failure to do so could negatively impact its cash flows, business performance, financial condition, and overall operational results.

• Dependent on Few Customers

A significant portion of the company’s revenues is dependent on a few key customers, with whom it doesn’t have firm commitments. The loss of any one or more of these major customers could have a material adverse effect on its business, cash flows, results of operations, and financial condition.

• Stringent Regulatory Environment

Increasingly stringent regulatory environment with regard to food, cosmetic ingredients and FMCG could result in stricter standards being applied to its products, which could cause it to incur substantial costs, which may have an adverse effect on its business and results of operations.

Anchor Investor Bidding Date June 6, 2025

IPO Registrar and Book Running Lead Manager

• IPO Registrar: MUFG Intime India Pvt Ltd
• Book Running Lead Manager: GYR Capital Advisors Pvt Ltd

Business Model

In the business of creation and manufacturing of fragrance and flavours, fragrances manufactured by Sacheerome Ltd are used in the personal care and wash, body care, hair care and wash, fabric care, home care, baby care, fine fragrance, air care, pet care, men’s grooming, hygiene and wellness and various other industries. Flavours manufactured by it are used in beverage, bakery, confectionery, dairy products, health and nutrition, oral care, shisha, meat products, dry flavours, seasonings and others.

Company Growth Trajectory

The revenue from operations of Sacheerome Ltd grew from ₹70.4919 crores in FY 23 to ₹107.5359 crores in FY 25. Its EBITDA margin grew from 14.61% in FY 23 to 21.70% in FY 25, while PAT margin grew from 8.50% in FY 23 to 14.86% in FY 25. Strong research and development skill coupled with experienced promoters and management team has helped in the company's growth.

Market Position

Sacheerome Ltd’s products adhere to the global standards such as the International Fragrance Association (IFRA), European Commission (EU), Food Safety and Standards Authority of India (FSSAI) and Flavour Extract Manufacturers Association (FEMA as per the requirements of the customers). It’s a member of Chemexcil and Fragrances & Flavours Association of India (FAFAI). Additionally, it complies to ISO 9001:2015 ensuring top quality and reliability.

How to Apply for the Sacheerome Ltd IPO?

1. Visit the Registrar’s Website

• Visit the official website of MUFG Intime India Pvt Ltd
• Click on ‘Public Issues’ from ‘Investor Services’
• Choose name of the company
• Enter either your application number, DP/client ID, Account Number/IFSC or PAN number
• Click on ‘Submit’ to know the status

2. Check on the National Stock Exchange Website

The National Stock Exchange (NSE) has an IPO bid verification module. You can use it to check the status of Sacheerome Ltd IPO. Go to www.nseindia.com and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.

On the NSE IPO Bid Verification page, enter:

• Company name from dropdown
• Application number
• PAN

Then click 'Submit' to know the allotment status.

How to Apply for the Sacheerome Ltd IPO?

• Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Specify IPO details - Enter the number of lots and the price you wish to apply for.
  
• Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  
• Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.