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Scarnose International IPO Date, GMP, Review, Price, Form & Market Lot Details

Scarnose International is established in 2011.

Scarnose International Limited procures cotton bales from different ginners whereby they provide the cotton in the form of bales. The promoters had an existing relationship with many mills and factories and tied up with them, wherein the Company sold cotton bales to them. Most of the clients of the companies are ginners and cotton factories. They provide Cotton Bales of varied specifications and at economical prices.

The company is mainly engaged in Trading of diverse range of raw cotton, cotton bales & yarn.

Check :- Upcoming SME IPO 2022

Company Strengths

1) Rich management experience and skilled team:
2) Smooth flow of operations
3) Well-defined organizational structure
4) Existing Supplier Relationship
5) Customer-Centric Business Model

Scarnose International IPO Promotors

1) Shah Vimalkumar Mishrilal
2) Hitesh Loonia

Scarnose International IPO Date, Details & Price Band

IPO Opening Dates 14 June 2022
IPO Closing Dates 17 June 2022
Price Band 55 Rs Per Share
Fresh issue 6.60 Crore
Total IPO size 6.60 Crore
Minimum bid (lot size) 2000 Shares
Face Value 10 INR Per Share
Retail Allocation 50%
Non-Institutional 50%
Listing On BSE SME

Scarnose International IPO Market Lot

The Scarnose International IPO minimum market lot is 2000 shares With 1,10,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 2000 1,10,000 Rs
Maximum 1 2000 1,10,000 Rs

Financial Record of the last year (In Lakhs)

Financial Period : 31-Mar-22 (Restated Consolidated)
Total Assets : 1242.25
Total Revenue : 9593.02
Profit After Tax : 33.42
a. Based on EPS of Financial Year ended March 31, 2021 : – INR

Scarnose International IPO GMP & Grey Market Premium

Scarnose International IPO GMP Grey market premium has been started today. Check Latest Scarnose International IPO GMP, Kostak Rates and Subject to Sauda Price here.

Scarnose International IPO Prospectus

Scarnose International IPO
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Scarnose International Exports IPO Reviews

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Scarnose International Exports IPO Allotment Date & Details

Allotment Date 22 June 2022
Initiation of refunds 23 June 2022
Transfer of shares to Demat accounts 24 June 2022
Listing Date 27 June 2022
Check Allotment Status Click here

Registrar of Scarnose International IPO

CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Contact Person: Mr. R.D. Ramasamy, Director
Telephone: +91-44-40020700, 28460390
Email: [email protected]

Scarnose International Contact Details

503, Sun Square,
Nr Hotel Nest, Off C. G. Road,
Navrangpura, Ahmedabad – 380006,
Gujarat, India.
Tel No: 079 – 4897 5503
E-Mail ID: [email protected];
Website: www.scarnose.com;

Scarnose International IPO Lead Managers

FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal, India
Contact Person: Mr. S. Ramakrishna Iyengar
Telephone: 033 – 22895101
Email: [email protected]