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Scarnose International Ltd. IPO

BSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹55
Issue Price
₹55
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹55
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹110,000
1 lot · 2,000 shares
Opens
14 Jun
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
14 Jun 2022
Tue Completed
Done
Close Date
17 Jun 2022
Fri Completed
Done
Allotment
22 Jun 2022
Wed Completed
Done
Refund
23 Jun 2022
Thu Completed
Done
Demat Credit
24 Jun 2022
Fri Completed
Done
Listing Date
27 Jun 2022
Mon Completed
UPI Deadline: 17 Jun 2022
Issue Details
Pricing & Size
Issue Price
₹55 Face ₹10
Lot Size
2,000 shares
Min Investment
₹110,000
Total Issue Size
12,00,000 shares (aggregating up to ₹6.60 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
60,000 (5.00%)
QIB Portion
-
NII / HNI
5,70,000 (47.50%)
Retail
5,70,000 (47.50%)
Employee
-
Net Offer to Public
11,40,000 shares (aggregating up to ₹6.27 Cr)
Shareholding Pattern
Pre-Issue Shareholding
19,50,150 shares
Post-Issue Shareholding
31,50,150 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2000 ₹1,10,000
HNI / NII 2 4,000 ₹2,20,000
Objects of Issue
4 objectives
1
To meet the working capital requirements.
2
To make the repayment of Unsecured Loan.
3
To meet the Issue Expenses.
4
General Corporate Purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Finshore Management Services Ltd.
Market Maker
Econo Broking Pvt.Ltd.
IPO Timeline
Open
14 Jun
✓ Done
Close
17 Jun
✓ Done
Allotment
22 Jun
✓ Done
Listing
27 Jun
✓ Done
Registrar Details
Cameo Corporate Services Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-44-28460390
Email
investor@cameoindia.com
Company Contact
Email
compliance@scarnose.com
Phone
079 – 4897 5503
Address
503, Sun Square, Nr Hotel Nest, Off C. G. Road, Navrangpura, Ahmedabad, Ahmedabad, Gujarat, 380006
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹55
Est. Listing
₹55
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 5,70,000 (47.50%) — —
Retail Investors — 5,70,000 (47.50%) — —
Market Maker * 1× 60,000 (5.00%) 60,000 (5.00%) ₹3.30 Cr
Total ** — 12,00,000 (100.00%) — —
* Based on ₹55.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
5,70,000 (47.50%)
Retail
5,70,000 (47.50%)
Market Maker
60,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-2031-Mar-2131-Mar-22
Revenue1204.563255.729593.02
PAT2.8122.5133.42
EBITDA———
Net Worth4.05190.55339.00
Total Assets1204.91457.801242.25
Reserves3.04148.55143.98
Borrowings———
Key Financial Ratios
51.89
Pre P/E
P/E Pre-Issue
About Scarnose International Ltd.

Incorporated in 2011, Scarnose International Limited manufactures and trades agricultural commodities such as cotton trading, garment manufacturing, yarn trading, and fabric trading. The company has a network of printing, weaving, and stitching units. Scarnose International procures cotton bales from different generous and offers the best quality cotton bales to the principal markets of India. Scarnose International Limited's product portfolio includes raw cotton, cotton bales, yarn and garments for ladies.

The company started manufacturing ladies' dress materials, particularly Kurtis, through an outsourcing model in the financial year 2021 and selling them under their domestic brand "Scarnose".

The company buys raw materials from a variety of suppliers, such as embroidered fabric accessories, fasteners, buttons, labels, laces, and other consumables, and then the manufacturing facility begins cutting, sewing, finishing and ironing them into finished products.

Competitive Strengths:

  • Rich management experience and skilled team
  • Smooth flow of operations
  • Well-defined organizational structure
  • Existing Supplier Relationship
  • Quality Policy
  • Customer Centric Business Model
Frequently Asked Questions
What is the issue price of Scarnose International Ltd. IPO?
The issue price of Scarnose International Ltd. IPO is ₹55 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹110,000.
What are the IPO dates?
Opens 14 Jun 2022, closes 17 Jun 2022.
When is the listing date?
Tentative listing: 27 Jun 2022 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹55 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Scarnose International Ltd. IPO · Expected 22 Jun 2022

Check on Registrar
Post-IPO Timeline
Allotment Date
22 Jun 2022
Refund Initiation
23 Jun 2022
Demat Credit
24 Jun 2022
Listing Date
27 Jun 2022
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹55
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹110,000
1 lot
Est. Listing
₹55
GMP +₹0
Key Dates
Open
14 Jun Done
Close
17 Jun Done
Listing
27 Jun Done
Registrar
Cameo Corporate Services Ltd.
A
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