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News Details

( As on 04/06/2025 07:00)

Sacheerome announces launch of initial public offering

Sacheerome Ltd. has announced public offering of 6040800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 92.00 per share. The gross proceeds of the issue are expected to be Rs 6,161.62 lakhs.

The company's initial public offer (IPO) will open on 09 June 2025 and is expected to close on 11 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 96.00-102.00 per share.

The IPO includes a fresh Issue of 6040800 Equity Shares of the Company at an price of Rs 102.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Sacheerome Ltd. anticipates using the proceeds of the issue for .

GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.