Economy
Sacheerome IPO Investments Triple in 16 Months on NSE SME Platform

Sacheerome IPO Investments Triple in 16 Months on NSE SME Platform

Livemint1h
THE BRIEF
1

An initial investment of ₹1.22 lakh in Sacheerome's SME IPO grew to approximately ₹4.79 lakh over 16 months following strong share appreciation.

2

Sacheerome shares traded at ₹398.75 compared to their IPO issue price of ₹102 per share, representing an unrealized gain of around 291% for allottees holding a 1,200-share lot.

3

For the first half of FY27, the company reported a 12.38% increase in net profit to ₹16.79 crore alongside rising total income.