Scarnose International Limited

Company Profile

Scarnose International Limited

Incorporated in the year 2011, Scarnose International Limited is a trading and manufacturing company
dealing in Agro commodities, Cotton bales, Yarn and manufacturing of Kurtis. Company started
majorly generating its revenues from the year 2019-20. Company purchases cotton bales from various ginners and the manufacturing of ladies kurtis and dress materials are outsourced. The Kurtis manufactured are sold in their own brand name “Scarnose”.

Competitive Strength

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21 Mar-20
Total Assets 1242.25 457.80 1204.91
Net Assets 339.00 190.55 4.05
Total Borrowings 290.79 1.00 0.26
Total Revenue 9593.02 3255.73 1204.57
Profit After Tax 33.42 22.51 2.81

Objects of the Issue

IPO Details

Opening Date June 14, 2022
Closing Date June 17, 2022
Stock Exchange BSE SME
Status Closed
Lot Size 2000 Shares
Issue Price ₹ 55 per share
Issue Size 12,00,000 Equity shares of FV of ₹ 10 (aggregating up to ₹ 660 Lakh)
Issue Type Fixed Price Issue
Application Amount ₹ 110,000.00
Retail Shares Offered not less than 50% of the Net Offer
Other than Retail Shares Offerred not less than 50% of the Net Offer

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