Scarnose International Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹55 - ₹55
- Lot size
- 2,000 shares
- Issue amount
- ₹6.6 cr
- Total subscription
- 2.22×
- Opens
- 13 Jun 2022
- Closes
- 17 Jun 2022
- Allotment
- 22 Jun 2022
- Listing
- 27 Jun 2022
Offer at a glance
Issue overview
- Issue size
- 12,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,10,000
- Fresh issue
- ₹6.6 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,10,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 19,50,150
- Shares after issue
- 31,50,150
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,10,000 |
| HNI | 2 | 4,000 | ₹2,20,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2011, Scarnose International Limited is engaged in the manufacturing and trading of agricultural commodities, including cotton trading, garment manufacturing, yarn trading, and fabric trading. The company operates a network of printing, weaving, and stitching units. It procures cotton bales from various suppliers and delivers high-quality cotton to key markets across India. Scarnose International's product portfolio includes raw cotton, cotton bales, yarn, and garments, primarily catering to the ladies' fashion segment. In the financial year 2021, the company ventured into the manufacturing of ladies' dress materials, particularly Kurtis, through an outsourcing model under its domestic brand "Scarnose." The company sources raw materials from multiple suppliers, including embroidered fabric accessories, fasteners, buttons, labels, and laces. The manufacturing process involves cutting, sewing, finishing, and ironing to transform raw materials into finished products.
Promoters
Mr. Shah Vimalkumar Mishrilal
Mr. Hitesh Loonia
Registrar & documents
Lead manager
Finshore Management Services Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
503, Sun Square, Nr Hotel Nest, Off C. G. Road, Navrangpura, Ahmedabad - 380006,
079 – 4897 5503
[email protected]Company website ↗Understanding SCARNOSE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.