Sacheerome IPO Closes Today: Check Subscription Status, GMP Now

Business Business

Posted by AI on 2025-06-11 12:02:37 | Last Updated by AI on 2026-06-26 21:22:22

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The initial public offering (IPO) of Sacheerome Ltd closed for subscription today. Investors can still check the subscription status of the IPO here.

In other news, the grey market is giving positive signals, with unlisted shares trading at a 40% premium over the IPO price. This could mean good listing gains for Sacheerome Ltd.

The company, which is focused on manufacturing fuses and fuse holders, is looking to raise Rs 20 crore through its initial share sale offer.

The IPO was fully subscribed 1.02 times on the last day of subscription. Half of the issue was reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors, and the remaining 35% for retail investors.

The shares were priced at Rs 102-103 apiece in the IPO.

The positive signals from the grey market are a good indicator for the company. With the IPO now closed, investors will have to wait until the company lists on the exchanges to see if the positive sentiment translates into actual gains.

Stay tuned for more updates on Sacheerome Ltd's IPO and listing performance.

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