IPO Trending
SCARNOSESME / BSEListed

Scarnose International Limited

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.

₹55 - ₹552.22x sub
Listed Price55.50
Listing Gain+0.91%
TimelineFixed Price Issue IPO
Open13 Jun 2022
Close17 Jun 2022
Allotment22 Jun 2022
Listing27 Jun 2022

Quota Reservation Portions

Market MakerPortion: 60,000 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,10,000
HNI2 lots / 4,000 shares
₹2,20,000

About the Company

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.

Company Promoters

Mr. Shah Vimalkumar MishrilalMr. Hitesh Loonia