Scarnose International IPO

Scarnose International IPO
Scarnose International IPO

Scarnose International Limited: Scarnose International was incorporated in the year 2011, the company has been in the textile and cotton sector for the past 10 years and is one of the trusted suppliers of cotton products. They are selling their garments under the domestic brand “Scarnose”. Scarnose International is located in Gujarat. You can also check GMP OF IPO for an IPO here.

The company buys raw materials from a variety of suppliers like laces, buttons, labels, fasteners, etc, and then manufactures the finished products at its facility. The company has Rich management experience and a skilled team, a Well-defined organizational structure, a Quality Policy, a Smooth flow of operations, Existing Supplier Relationships, and a Customer-Centric Business Model.

The company is in a continuous process of expansion, enhancement, and incorporating the latest technological innovations in order to ensure its customers are satisfied in the best possible way.

Scarnose International Limited Product: The company manufactures and trades agricultural commodities like fabric trading, cotton trading, yarn trading, and garment manufacturing. FY 2020-21, the Company had covered a good grip over the trading in cotton bales, and during the current financial year, the Company had started manufacturing readymade ladies wear Kurtis, salwar kameez, suits, etc, and supply to local vendors. 

GMPOFIPO View

Grey Market Premium

We recommend investors check Retail and HNI numbers before investing in IPO. Investors may apply for this IPO with risk. You can also check IPO Allotment Status from this page.

IPO Review (Apply or Avoid)

  •  Avoid

Top Brokerage Firm Reviews About P.E. Analytics IPO

  • Chittorgarh IPO: – N/A
  • Arihant Capital: – N/A
  • Angel Broking: – N/A
  • Capital Market: – N/A

Scarnose International IPO

Scarnose International IPO: Scarnose International launching its Initial Public Offering (IPO) opening on 14 June and closing on 17 June 2022. This IPO of Approx 1,200,000 Shares of the company with a face value of Rs.10 each with a price fixed at ₹55 Per Equity Share to raise  Approx ₹6.60 Crores from the primary offering.

Scarnose International IPO Subscription Status (Live Update – Day 4)

CategoryDay 1Day 2Day 3Day 4
NII0.440.541.151.56
RII0.580.921.271.56
Total0.510.731.211.56

Scarnose International IPO Date & Price Band

You can find all the details as well as the price band of this IPO on this page. This IPO will open on 14 June 2022 and close on 17 June 2022.

 IPO Open:14 June 2022
 IPO Close:17 June 2022
 IPO Size: Approx ₹6.60 Crores
 Fresh Issue: Approx ₹6.60 Crores
 Face Value: ₹10 Per Equity Share
 Price Band:₹55 per Equity Share
 Listing on: BSE & SME
 Retail Quota: 50%
 NII Quota: 50%
 DRHP Draft Prospectus:Click Here
 RHP Draft Prospectus:Click Here

Scarnose International IPO Allotment, Listing & Important Dates

In this table, you will get a clear idea of When an IPO will open & close? allotment date and all important dates related to this IPO.

 IPO Open Date:14 June 2022
 IPO Close Date:17 June 2022
 Basis of Allotment:24 June 2022
 Refunds:25 June 2022
 Credit to Demat Account:26 June 2022
 IPO Listing Date:27 June 2022

Scarnose International IPO Lot Size / Market Lot

 Minimum Lot Size:Minimum 2000 Shares for 1 lot
 Minimum Amount:₹110,000  for 1 lot

Scarnose International Company Details & Financials

Here you will find detailed company analytics as well as financial reports. How well the company has performed in the last few years.

Scarnose International Company Address

Scarnose International Limited
503, Sun Square,
Nr Hotel Nest, Off C. G. Road,
Navrangpura, Ahmedabad – 380006,
Phone: 079 – 4897 5503
Email: [email protected]
Website: https://scarnose.com/

Scarnose International Company Financial Reports ( ₹ in Crores )

YearIncomeExpensePAT
2020₹12.05₹12.01₹0.03
2021₹32.56₹32.26₹0.23
2022₹95.93₹95.36₹0.33

Scarnose International IPO Promoter Holding

Pre Issue Share Holding99.99 %
Post Issue Share Holding61.90 %

Scarnose International IPO Valuation – FY2021

Earning Per Share (EPS): ₹1.76 per Equity Share
 Price/Earning P/E Ratio: 31.17
 Return on Net Worth (RoNW): 9.86%
 Net Asset Value (NAV):₹17.38 per Equity Share

Scarnose International Company Promoter

  • Mr. Shah Vimalkumar Mishrilal
  • Mr. Hitesh Loonia

Scarnose International IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://online.cameoindia.com/

Scarnose International IPO Allotment Status

You can check the IPO Allotment Status Very Easily. Click Here and you can check the status from the N/A website.

You might also like
Leave A Reply

Your email address will not be published.