| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹6.60 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹6.60 Cr |
| Fresh Issue | ₹6.27 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹55.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543537 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2011, 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.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 2.51 |
| 2 | To make the repayment of Unsecured Loan | 2.89 |
| 3 | General corporate purposes | 0.65 |
| 4 | Issue related expenses | 0.55 |
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 12.42 | 4.58 | 12.05 |
| Total Income | 95.93 | 32.56 | 12.05 |
| Profit After Tax | 0.33 | 0.23 | 0.03 |
| NET Worth | 3.39 | 1.91 | 0.04 |
| Reserves and Surplus | 1.44 | 1.49 | 0.03 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| Debt / Equity | 0.85% |
| RoNW | 9.86% |
| PAT Margin | 0.35% |
| EBITDA Margin | 0.59% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 1.76 | |
| P/E (x) | 51.89 | |
| Promoter Holding | 99.99% | 61.90% |
| Market Cap | ₹17.33 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including other intermediaries Fees | 0.39 |
| 2 | Regulators Including Stock Exchanges | 0.10 |
| 3 | Advertising and Marketing Expenses | 0.03 |
| 4 | Printing and distribution of Issue Stationary | 0.03 |
Last Updated on 13-May-2026 10:31:37