Scarnose International Limited

Company Profile
Company Name Scarnose International Limited
Open Date 14-06-2022
Close Date 17-06-2022
Exchange BSE SME
Lot Size 2000 Shares
Issue Price ₹55 per share
Issue Size 10,01,600 Equity shares of FV of ₹ 10 (aggregating up to ₹ 721.15 Lakh)
Application Amount ₹1,10,000.00
Recommendation Avoid
Incorporated in the year 1996, Goel Food Products Limited is involved in the manufacturing of Indian Snacks and Sweets, Providing Banquet Hall services, Providing Hotel and Guest House services. As mentioned in the prospectus, it has 8 banquet halls, 2 Indian sweet and snacks shops, 1 hotel and 1 guest house all in Kolkata. The company operates and manages banquet halls and Indian snacks and sweet shops under the brand name “”BIKA””. The company is also exporing to provide marriage packages which would also include destination weddings.

Summary of Financials (All financials in Lakh)

Tentative Timeline

Opening Date 14-06-2022
Closing Date 17-06-2022
Basis of Allotment 22-06-2022
Initiation of Refunds 23-06-2022
Credit of Shares to Demat 24-06-2022
Listing Date 27-06-2022

Objects of the Issue

To meet the working capital requirements
To make the repayment of Unsecured Loan
To meet the Issue Expenses
General Corporate Purposes

Contact Information

Registered Office
Phone
Email
Website

Offer Documents

Registrar Details

Name
Phone
Email
Website

IPO Reservation

Shareholding Pattern

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