New Delhi, June 16 -- Shares of Sacheerome IPO made a robust debut on the bourses on Monday, June 16, listing at Rs.153 on NSE SME, a premium of 50 percent from its issue price of Rs.102.

The SME IPO, valued at Rs.61.62 crore, was open for subscription from June 9 to June 11.

Sacheerome's IPO ended on a stellar note, with the issue subscribed an impressive 312.94 times over the three-day bidding window. Investors placed bids for 125.76 crore shares as against just 40.18 lakh shares on offer. The retail investor segment saw overwhelming interest with 180.28 times subscription, while the non-institutional investor (NII) category witnessed a massive 808.56 times subscription. The portion reserved for qualified institutional buyers (QIBs) w...