Sacheerome IPO: Date, Review, Price, and Allotment Details
Understanding the Sacheerome IPO
Hey there, future investor! Thinking about dipping your toes into the stock market? IPOs, or Initial Public Offerings, can be exciting opportunities. Let’s dive into the Sacheerome IPO – what it is, when it’s happening, and whether it might be a good fit for your portfolio.
What is an IPO?
Think of an IPO as a company’s debutante ball. It’s when a private company decides to offer shares to the public for the first time. This allows the company to raise capital, which it can use for expansion, debt repayment, or other strategic initiatives. For investors like you and me, it’s a chance to get in on the ground floor of a potentially growing company.
Key Dates for the Sacheerome IPO
Okay, let’s get down to brass tacks. When can you actually get your hands on these shares?
IPO Opening and Closing Dates
* IPO Open Date: June 9, 2025
* IPO Close Date: June 11, 2025
Mark your calendars! These are the dates you’ll need to remember if you’re planning to apply for the Sacheerome IPO. Don’t miss the window!
The Nitty-Gritty: IPO Details
So, what exactly is Sacheerome offering, and at what price?
Book Built Issue
The Sacheerome IPO is a “Book Built Issue.” What does that mean? Well, instead of a fixed price, the company offers a price band. Investors bid within this range, and the final price is determined based on the demand. It’s like an auction for stocks!
Fundraising Goals
Sacheerome is aiming to raise approximately ₹61.62 crores through this IPO. This comprises a fresh issue of ₹61.62 crores.
Offer for Sale (OFS)
In addition to the fresh issue, there’s an offer for sale (OFS) of up to 60,40,800 equity shares. This means existing shareholders are selling some of their stake to the public.
Face Value
The face value of each share is ₹10. This is the nominal value of the share, often different from the market price.
Price Band and Lot Size
How much will each share cost you?
Price Per Share
The Sacheerome IPO price band is set between ₹96 to ₹102 per share. This is the range within which you can bid.
Lot Size
The lot size specifies the minimum number of shares you must apply for. While the exact lot size can vary, it’s important to check the IPO prospectus to know the minimum investment required.
Investor Quotas
Who gets how many shares? IPOs usually have reserved quotas for different types of investors.
Retail Investors
Retail investors like you and me get 35% of the shares.
Qualified Institutional Buyers (QIB)
QIBs, which are large institutional investors, get 50% of the shares.
High Net Worth Individuals (HNI)
HNIs, or wealthy individuals, get 15% of the shares.
Listing and Allotment
Where will these shares trade, and when will you know if you got them?
Listing on NSE SME
Sacheerome IPO is slated to list on the NSE SME platform in 2025. The SME platform is specifically for small and medium-sized enterprises.
Allotment Date
The allotment date, when you find out if you’ve been allocated shares, is June 12, 2025. Keep an eye on your email and demat account around this time!
Financial Performance: A Sneak Peek
Let’s peek under the hood and see how Sacheerome has been performing.
Revenue Growth
In 2024, the company reported revenue of ₹86.4 crores, compared to ₹70.93 crores in 2023. That’s a positive sign, showing the company is growing.
Profitability
Interestingly, the company reported a profit of ₹5.99 crores in both 2024 and 2023. While the profit didn’t increase, maintaining the same level of profitability is still a good indicator.
Should You Invest? A Word of Caution
Investing in IPOs can be tempting, but it’s crucial to do your homework.
Financial Stability
The financials indicate a stable company with growing revenue, which is a good sign.
Long-Term Perspective
The recommendation is that IPO investors should consider this investment for the long term. IPOs can be volatile in the short term, so a long-term outlook is wise.
Risks to Consider
Like any investment, IPOs come with risks.
Market Volatility
The stock market can be unpredictable. An IPO’s price can fluctuate wildly, especially in the initial days of trading.
Company-Specific Risks
Every company faces its own unique set of challenges. It’s essential to understand the industry Sacheerome operates in and the specific risks the company faces.
Oversubscription
IPOs can be heavily oversubscribed, meaning there’s more demand than available shares. This can make it difficult to get an allotment.
How to Apply for the Sacheerome IPO
If you’ve decided to take the plunge, here’s how to apply.
Through Your Broker
Most brokerage firms allow you to apply for IPOs online. Log in to your trading account, find the IPO section, and follow the instructions.
UPI Mandate
You’ll likely need to use UPI (Unified Payments Interface) to block the funds in your bank account. If you get the allotment, the funds will be debited; otherwise, they’ll be released back to you.
Due Diligence: The Key to Success
Before investing, take these steps:
Read the Prospectus
The prospectus is a detailed document that provides information about the company, its financials, and the risks involved. It’s a must-read!
Research the Company
Understand what Sacheerome does, its competitive landscape, and its growth prospects.
Consult a Financial Advisor
If you’re unsure, seek advice from a qualified financial advisor who can help you make an informed decision.
Conclusion: Is Sacheerome IPO Right for You?
Investing in an IPO can be exciting, but it’s not without risks. The Sacheerome IPO presents an opportunity to invest in a company with growing revenue and stable profitability. However, it’s essential to consider your own risk tolerance, investment goals, and financial situation before making a decision. Remember, the stock market is a marathon, not a sprint!
Frequently Asked Questions (FAQs)
1. What does “Book Built Issue” mean in the context of an IPO?
* A Book Built Issue means that the price of the shares isn’t fixed beforehand. Instead, investors bid within a price range, and the final price is determined based on the demand received.
2. What is the significance of the NSE SME platform?
* The NSE SME platform is specifically designed for small and medium-sized enterprises to raise capital. Listing on this platform can provide smaller companies with increased visibility and access to a wider pool of investors.
3. How do I know if I have been allotted shares in the IPO?
* You will typically receive an email or SMS notification from your broker or the IPO registrar. You can also check the allotment status on the registrar’s website using your PAN number or application number.
4. What happens if an IPO is oversubscribed?
* If an IPO is oversubscribed, it means there are more applications than available shares. In this case, the allotment is usually done through a lottery system or on a proportionate basis, making it harder to get an allotment.
5. Why is a long-term perspective recommended for IPO investments?
* IPOs can be volatile in the short term due to market speculation and other factors. A long-term perspective allows you to ride out the initial volatility and potentially benefit from the company’s growth over time.
