Sacheerome IPO subscribed over 150 times so far on day 3; here's how to check allotment online

Sacheerome IPO has been subscribed 150.24 times so far on the final day of subscription on Wednesday, June 11.

The issue has secured bids for 64,92,04,800 shares as against 43,21,200 equity shares on offer, according to the NSE data at 2:04 pm.

The ₹61.62 crore initial share sale, which is only a fresh issuance of 60.41 lakh shares, has set a price band of ₹96 to ₹102. The lot size is 1,200 shares, requiring an investment of ₹1,22,400 (cut-off price).

The net issue proceeds will be used for setting up a new manufacturing plant in Uttar Pradesh's Gautam Buddha Nagar and general corporate purposes.

How to check Sacheerome IPO allotment status on NSE

• Head to NSE’s allotment status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick ‘Equity & SME IPO bid details’
• Choose ‘Sacheerome’
• Enter your PAN details and application number
• Click on the 'submit' button

How to check Sacheerome IPO allotment status on MUFG Intime India

• Visit allotment status portal of MUFG Intime: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Select ‘Sacheerome Limited’ from IPO names
• Enter any one of these: Application No, PAN, DP/Client ID, or Account No / IFSC
• Click on submit

Sacheerome IPO: Listing date

Shares of Sacheerome Ltd will list on the NSE SME platform Emerge on Monday, June 16.

About Sacheerome

Sacheerome Ltd makes flavours and fragrances. Its products follow global standards like the Food Safety and Standards Authority of India (FSSAI), International Fragrance Association (IFRA), Flavour Extract Manufacturers Association (FEMA) and European Commission (EU).

The company's revenue stood at ₹86.4 in the financial year 2023-24, up 21.81% from ₹70.93 crore a year back.

It posted a net profit of ₹10.67 crore in FY24, an increase of 78.12% from ₹5.99 crore in FY23.