Scarnose International Limited IPO

Scarnose International Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹55 per share. The stock debuted at ₹55.5, delivering a listing gain of 0.9%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,10,000.

Scarnose International Limited IPO

BSE SME Listed
₹1,10,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 14, 2022 – Jun 17, 2022
Price band
₹55 per equity share
Minimum Investment
₹1,10,000
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)
Lot size
2000
Allotment Date
Jun 23, 2022
Listing
Jun 27, 2022
Listing At
BSE SME

IPO timeline

  1. Jun 14, 2022

    Open Date

    Completed

  2. Jun 17, 2022

    Close Date

    Completed

  3. Jun 23, 2022

    Allotment Date

    Completed

  4. Jun 27, 2022

    Listing Date

    Completed

Scarnose International Limited IPO Essentials

Scarnose International Limited IPO Details

Scarnose International Limited IPO is priced at ₹55 per share with a total issue size of 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). The IPO has a lot size of 2000 shares and is listed on BSE SME.

Issue price
₹55 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share 
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)
Listing at
BSE SME
List price
55.50
Listing date
Registrar
Cameo Corporate Services Limited
Lead manager
Finshore Management Services Limited

Scarnose International Limited IPO Details

  • Retail Portion N/A

Scarnose International Limited IPO Documents

Scarnose International Limited IPO Analytics

Scarnose International Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Scarnose International Limited IPO Subscription Status

Scarnose International Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 570,000 570,000 1,140,000
Day 1 14-06-22 05:00 PM
(0.44) x 0.58 x 0.51 x
Day 2 15-06-22 05:00 PM
(0.54) x 0.92 x 0.73 x
Day 3 16-06-22 05:00 PM
(1.15) x 1.27 x 1.21 x
Day 4 17-06-22 05:00 PM
(2.09) x 2.33 x 2.21 x

Scarnose International Limited Valuations

Earnings

EPS (Post IPO)
₹1.76/-
P/E Ratio
31.17

Returns

RoNW
9.86%

Data sourced from DRHP / RHP • For educational purposes only

Scarnose International Limited Financials( In Crs.)

31-Mar-22 31-Mar-21 30-Mar-20
Assets 12.42 4.57 12.04
Revenue 95.93 32.55 12.04
Profit After Tax 0.33 0.23 0.028

Scarnose International Limited Company & Offer Insights

About Scarnose International Limited

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.

Scarnose International Limited Promoter(s)

Mr. Shah Vimalkumar Mishrilal, Mr. Hitesh Loonia are the company's promoters of Scarnose International Limited.

Scarnose International Limited IPO Issue Objectives

To meet the working capital requirements.
To make the repayment of Unsecured Loan.
To meet the Issue Expenses.
General Corporate Purposes.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Scarnose International Limited IPO is a Fixed Priced IPO worth ₹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). The issue price is ₹55 per share (fixed price). The IPO opens on Jun 14, 2022 and closes on Jun 17, 2022. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.

The issue price of Scarnose International Limited IPO is ₹55 per share (fixed price).

The lot size of Scarnose International Limited IPO is 2000 shares.

The minimum investment for Scarnose International Limited IPO is approximately ₹1,10,000 based on the issue price .

Scarnose International Limited IPO opens on Jun 14, 2022 and closes on Jun 17, 2022.

The allotment date of Scarnose International Limited IPO is Jun 23, 2022.

Scarnose International Limited IPO is expected to be listed on Jun 27, 2022, on BSE SME Platform.

Scarnose International Limited IPO valuation snapshot: P/E 31.17, EPS ₹1.76/-, P/B N/A, RoNW 9.86%, and market cap N/A.

To apply for Scarnose International Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Scarnose International Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Scarnose International Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Scarnose International Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Scarnose International Limited IPO allotment status on IPO Ji for quick and easy access.