New Delhi, Nov. 4 -- An investment of Rs.1.22 lakh in Sacheerome's initial public offering (IPO) has grown to nearly Rs.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 Rs.398.75, compared with their final IPO issue price of Rs.102 per share. This represents an appreciation of nearly 291% since the issue, taking the value of a 1,200-share IPO lot from Rs.1,22,400 to Rs.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 Rs.3.56 lakh, excluding brokerage, taxes and other charges.

Sacheerome's IPO was open for subs...