Scarnose International Limited IPO

Scarnose International Limited IPO Review

Scarnose International IPO Overview

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 Details

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.

Scarnose International IPO Financial Performance

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

Scarnose International IPO Key Ratios

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

Scarnose International IPO GMP Trend

Updated Soon.

Listing Performance of Scarnose International IPO

Listed On : BSE SME

Issue Price : ₹55 per share

Listing Day Close :

Listing Day Gain :

Scarnose International IPO GMP Trend

NSE : NA

ISIN CODE : INE0IXR01019

BSE : NA

Scarnose International IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Scarnose International IPO Brokers Reviews & Rating

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Scarnose International IPO Important Dates

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 IPO Contact Details

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/

Scarnose International IPO Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: investor@cameoindia.com

Website: https://online.cameoindia.com/

Scarnose International IPO Subscription Details

Updated Soon.

Scarnose International IPO FAQ's

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.

Scarnose International IPO Comments