Scarnose International Limited, founded in 2011, manufactures and markets agricultural products such as cotton trading, garment manufacturing, yarn trading, and fabric trading. The firm has a network of printing, weaving, and stitching facilities. The company obtains cotton bales from many bountiful sources and provides the highest quality cotton bales to India’s major marketplaces. Scarnose’s product line comprises raw cotton, cotton bales, yarn, and ladies’ outfits.
In the fiscal year 2021, Scarnose began manufacturing ladies’ dress materials, mainly Kurtis, under an outsourcing strategy and marketing them under their home brand “Scarnose.”
The manufacturing facility purchases raw materials from a range of vendors, such as embroidered fabric embellishments, fasteners, buttons, labels, laces, and other consumables, and then begins cutting, sewing, finishing, and ironing them into completed items.
Scarnose International IPO Date | Jun 14, 2022 to Jun 17, 2022 |
Scarnose International IPO Face Value | ₹10 per share |
Scarnose International IPO Price | ₹55 per share |
Scarnose International IPO Lot Size | 2000 Shares |
Issue Size | 1,200,000 shares of ₹10 (aggregating up to ₹6.60 Cr) |
Fresh Issue | 1,200,000 shares of ₹10 (aggregating up to ₹6.60 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Retail Shares Offered | 50% of the net offer |
NII (HNI) Shares Offered | 50% of the net offer |
Company Promoters | Mr. Shah Vimalkumar Mishrilal and Mr. Hitesh Loonia are the company promoters. |
Period Ended | Total Assets | Total Revenue | Profit After Tax |
31-Mar-20 | 1204.91 | 1204.56 | 2.81 |
31-Mar-21 | 457.8 | 3255.72 | 22.51 |
31-Mar-22 | 1242.25 | 9593.02 | 33.42 |
Earnings Per Share (EPS): INR1.76
Pre-IPO Price/Earnings (PE ratio): 31.17
Return on Net Worth (RONW): 9.86%
Net Asset Value (NAV): INR17.38 per share
Updated Soon.
Listed On : BSE SME
Issue Price : ₹55 per share
Listing Day Close :
Listing Day Gain :
NSE : NA
ISIN CODE : INE0IXR01019
BSE : NA
Updated Soon.
Event | Date |
Scarnose International IPO Opening Date | Jun 14, 2022 |
Scarnose International IPO Closing Date | Jun 17, 2022 |
Basis of Allotment | Jun 22, 2022 |
Initiation of Refunds | Jun 23, 2022 |
Credit of Shares to Demat | Jun 24, 2022 |
Scarnose International IPO Listing Date | Jun 27, 2022 |
Scarnose International Limited
503, Sun Square,
Nr Hotel Nest, Off C. G. Road,
Navrangpura, Ahmedabad – 380006,
Phone: 079 – 4897 5503
Email: compliance@scarnose.com
Website: https://scarnose.com/
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/
Updated Soon.
The Scarnose International IPO is a BSE SME IPO of ₹55 per share with a face value of 10 per equity share.
The issue size is priced at 1,200,000 shares of ₹10 (aggregating up to ₹6.60 Cr).
The fresh issue size priced at 1,200,000 shares of ₹10 (aggregating up to ₹6.60 Cr).
The initial public offering (IPO) begins on June 14, 2022 and ends on June 17, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The Scarnose International IPO opens on June 14, 2022 and closes on June 17, 2022.
Scarnose International IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
The finalisation of Basis of Allotment for Scarnose International IPO will be done on June 22, 2022. and the allotted shares will be credited to your demat account by June 24, 2022. Check the Scarnose International IPO status.
The Scarnose International IPO listing date is on June 27, 2022.
Scarnose International IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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