IPO Trending
SCARNOSESME / BSEListed
Scarnose International

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 Price₹55.50
Listing Gain+0.91%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open13 Jun 2022
Close17 Jun 2022
Allotment22 Jun 2022
Listing27 Jun 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker60,000 shares
5%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,10,000
HNI2 Lots (4,000 shares)
₹2,20,000

Company Promoters

Mr. Shah Vimalkumar MishrilalMr. Hitesh Loonia

Company Background

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 cot...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20 )₹1204.56 Cr
Growth-87.4%
Revenue Trend (₹ in Crores)
0.03.7k7.4k11.0kMar-22 Mar-21 Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20 1204.562.811204.910
Mar-21 3255.7222.51457.80
Mar-22 9593.0233.421242.250

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
22 Jun 2022
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
27 Jun 2022

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for Scarnose International. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization22 Jun 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date27 Jun 2022Trading commences on exchange

How to Check Scarnose International Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Scarnose International from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Scarnose International IPO

Complete issue overview for Scarnose International (SCARNOSE) IPO. The issue features an equity share price band of ₹55 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,10,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions