Sacheerome Ltd IPO
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Sacheerome Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 60.41 L | TBA | TBA | TBA | NSE | ₹ 61.62 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 09 Jun, 25 | 11 Jun, 25 | 1200 | ₹ 1,15,200 | Book Building - SME | 16 Jun, 25 |
Sacheerome Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Chemicals |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 6040800 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Sacheerome Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 16.19 | 9.87 | 8.13 |
| EBITDA | 17.85 | 11.40 | 10.02 |
| PAT | 10.62 | 5.99 | 4.55 |
| Total Assets | 31.92 | 25.61 | 25.77 |
| Share Capital | 16.33 | 4.08 | 4.08 |
| Total Borrowings | 3.91 | 2.29 | 10.32 |
| Operating Activities (Net Cash) | 12.28 | 7.52 | 6.44 |
| Investing Activities (Net Cash) | -8.15 | -1.50 | 0.00 |
| Financing Activities (Net Cash) | 3.91 | 2.29 | 10.32 |
| Net Cashflow | 1.88 | 0.11 | 0.04 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Sacheerome Ltd
Our Company was originally incorporated as Sachee Fragrances Limited under the provisions of Companies Act, 1956 with Registrar of Companies, Delhi & Haryana and received a certificate of incorporation from the Registrar of Companies, Delhi & Haryana on June 19, 1992. Later, the name of the company changed from Sachee Fragrances Limited to Sachee Cosmetics Limited vide Extra Ordinary General Meeting dated December 26, 1994 and fresh certi ficate of Incorporation issued by Registrar of Companies Delhi & Haryana on February 13, 1995. Later the name of the company changed from Sachee Cosmetics Limited to Sachee Aromatics Limited vide Extra Ordinary General Meeting dated March 19, 1997 and fresh certificate of incorporation issued by Registrar of Companies Delhi & Haryana on April 3, 1997. Further the company has converted from Sachee Aromatics Limited to Sachee Aromatics Private Limited vide Extra Ordinary General Meeting dated February 24, 2012 and fresh certificate of incorporation issued by Registrar of Companies Delhi & Haryana on March 14, 2012. Further the name of the company changed from Sachee Aromatics Private Limited to Sacheerome Private Limited vide Extra Ordinary General Meeting dated April 04, 2012 and fresh certificate of Incorporation issued by the Registrar of Companies Delhi & Haryana on April 17, 2012. Further the name of the company changed from Sacheerome Private Limited to Sacheerome Limited vide Extra Ordinary General Meeting dated May 01, 2024 and fresh certificate of Incorporation issued by Registrar of Companies Delhi & Haryana on August 8th, 2024. The corporate identification number of our Company is U74899DL1992PLC049258.
Fragrances and Flavours enhance sensory experiences and play a vital role in the perception of products of both food and nonfood FMCG products used as a part of our daily life. Fragrances refer to the appealing scents used in perfumes, cosmetics, and household products. These are composed of aromatic compounds, natural essential oils, Oleoresins, absolutes and synthetic molecules Fragrances & flavours are must for use in personal care, hair care, fabric care, home care, and more product categories. In addition to enhancing product appeal, fragrances suppress unpleasant odors, uplift moodevoke memories, enhance the sensory experience, make product more recognizable, and provide signature smell to the product. Flavours, on the other hand, add complexity to food and beverages. They are perceived by a combination of taste and olfactory senses, with Flavours classified as sweet, sour, salty, bitter, or umami. Flavours are essential in applications such as dairy products, snacks, beverages, oral care, confectionery and more. In addition to enhancing the taste of the product, Flavours provide aroma, mask the taste of ingredients to make it more likable, add stability & consistency and can replace costly or bulky ingredients.
`Sacheerome Limited.' is a creative house, designing & manufacturing fragrance and flavours. It was founded in the year 1992 by our promoter Mr. Manoj Arora, who is a third-generation entrepreneur of a business family in Fragrances & Flavours industry and has been actively involved in this line of business from last 40 years. Sacheerome was initially only in the fragrance industry. In 2014, the company ventured into the flavours and has a separate unit, with a team of skilled flavourists, an application centre and a Research & Development centre.
Peer Comparison:
- S H Kelkar Limited
Sacheerome Ltd IPO Key Points
Strengths
- Experienced Promoters and Management Team.
- Efficient operational team.
- Consistent financial performance.
Risk
- The success of our products depends on our ability, as well as that of our customers, to anticipate market trends and understand customer preferences early on, leveraging this information successfully. Failure to do so could negatively impact our cash flows, business performance, financial condition, and overall operational results.
- Success in our fragrances and flavors business relies on a limited pool of highly specialized employees, making recruitment and retention critical to our ability to compete and achieve strategic objectives.
- A significant portion of our revenues is dependent on a few key customers, with whom we do not have firm commitments. The loss of any one or more of these major customers could have a material adverse effect on our business, cash flows, results of operations, and financial condition.
Strategy
- Setting up a new modern infrastructure manufacturing facility in YEIDA to increase production capacity.
- Strengthen our Innovation Platform to Enhance Sacheerome Products Portfolio.
- Expansion of Research and Development.
- Experienced Promoters and Management Team.
- Efficient operational team.
- Consistent financial performance.
How To Apply for Sacheerome Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
