Finance1 min read

Multibagger NSE SME stock turns ₹1.22 lakh of share allottees into ₹4.80 lakh in 16 months | Do you own this?

By · Published by Everything Blog

In short

The NSE SME-listed company has rewarded patient initial public offering investors with substantial capital appreciation since its debut at a fifty percent issue premium. Recent price action shows the equity trading near the four hundred rupee mark after touching an intraday peak of ₹408. Despite the notable historical gains, market analyst Rajesh Bhosale cautions that the shares are currently trending downward near long-term support.

Key points

  • The equity has delivered an approximate 291 percent gain over sixteen months of public tr…: The equity has delivered an approximate 291 percent gain over sixteen months of public trading.
  • Analyst Rajesh Bhosale noted the shares are currently positioned in a technical downtrend…: Analyst Rajesh Bhosale noted the shares are currently positioned in a technical downtrend near their 200-day simple moving average.
  • Falling decisively beneath the ₹380 support threshold may trigger additional selling pres…: Falling decisively beneath the ₹380 support threshold may trigger additional selling pressure on the stock.

Sources checked by our analysis pipeline: 1

An investment of ₹1.22 lakh in Sacheerome's initial public offering (IPO) has grown to nearly ₹4.79 lakh in about 16 months, rewarding investors who received an allotment in the NSE-listed SME company's public issue.

Sacheerome shares are currently trading at ₹398.75, compared with their final IPO issue price of ₹102 per share. This represents an appreciation of nearly 291% since the issue, taking the value of a 1,200-share IPO lot from ₹1,22,400 to ₹4,78,500.

In other words, an investor who received one minimum retail lot and continues to hold the shares would be sitting on an unrealised gain of approximately ₹3.56 lakh, excluding brokerage, taxes and other charges.

Sacheerome's IPO was open for subscription from 9 June to 11 June 2025. The company fixed the issue price at ₹102 per share, at the upper end of its ₹96–102 price band. The lot size was 1,200 shares, translating into a minimum investment of ₹1,22,400 at the upper price band.

The company raised ₹61.62 crore through a fresh issue of 60.41 lakh equity shares. The shares were listed on the NSE SME…

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