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Sacheerome IPO Investors See 291 Percent Gains in Sixteen Months

Reported by Faizan Khan (Staff Writer) · Livemint - Markets ·

Source: Livemint
Important
BusinessSacheerome IPO Investors See 291 Percent Gains in Sixteen Months
Representative image · Pexels

An initial investment of 1.22 lakh rupees in Sacheerome's public issue has grown to nearly 4.79 lakh rupees in about 16 months.

Market Performance And Results

Sacheerome shares trade at 398.75 rupees compared to the final issue price of 102 rupees per share. A single retail lot of 1,200 shares is now worth 4,78,500 rupees against the original investment of 1,22,400 rupees. This marks an unrealised gain of about 3.56 lakh rupees, or nearly 291 percent, before brokerage, taxes, and other charges. The public issue was open from 9 June to 11 June 2025 at a price band of 96 to 102 rupees. The company raised 61.62 crore rupees through a fresh issue of 60.41 lakh equity shares and listed on the NSE SME platform on 16 June 2025 at 153 rupees per share. The stock opened at 401 rupees and touched an intraday high of 408 rupees. Rajesh Bhosale, a technical analyst at My Advisor Alpha, stated that the shares remain in a downtrend near the 200-day simple moving average of about 380 rupees. For the first half of fiscal year 2027, total income rose 9.84 percent to 85.92 crore rupees, and net profit grew 12.38 percent to 16.79 crore rupees.

Context

Small and medium enterprise stock platforms allow smaller growing companies to raise capital from public markets with distinct listing requirements compared to main boards. Trial production at the new YEIDA facility began in September 2026 to add manufacturing capacity and research infrastructure.

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