247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Scarnose International Limited IPO (Scarnose International IPO) Details

Scarnose International Limited is an Textiles based company, located in Ahmedabad, Scarnose International Limited IPO size was 6.60 Cr. and was issued at 55.00 per share. The share of Scarnose International Limited were listed at 56.05 per share and are currently trading at 143.00 per share.

Type :
Sub Sector :
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
95.93 Cr.

PAT :
0.33 Cr.

Pricing Report

Issue Price :
55.00

Listing Price :
56.05

Current Market Price :
143.00

Issue Price vs CMP :
88 (160.00%)

listing Price vs CMP :
86.95 (155.13%)

Performance Report (CAGR* wise)

CAGR : 44.98
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Scarnose International

Company Information
Scarnose International was established in the year 2011 as a Private Limited Company with the basic object of Trading of agriculture commodities. Till March 2019, there was no major business activity in the company. In the financial year 2016-2017, the Company had booked revenue from operations (trading of cotton bales and other Agro commodities) amounting to Rs 4,41,500 and profit after tax of Rs 21,109/-. Further in the financial year 2017-2018, the Company had booked revenue of Rs 1,24,050 (trading of cotton bales and other Agro commodities) and profit after tax of Rs.2,975/- only. In Financial year 2018-19, there was no business activity in the company. The company had started its major business operation effectively from financial year 2019-20. The Company had a trading turnover
Show More
Object of Issue
  • To meet the working capital requirements
  • To make the repayment of Unsecured Loan
  • To meet the Issue Expenses
  • General Corporate Purposes

Scarnose International SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jun, 2022
IPO Size :
6.60 Cr.
Market Cap :
17.33 Cr.   
IPO Subscription :
2.22 X     
PE Multiple :
51.89
IPO Registrar:
Cameo Corporate Services Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Ahmedabad

7NR Retails Limited

  business of trading of apparels in the wholesale and retail segments

  Ahmedabad


A & M Febcon Limited

  business of Industrial equipment and metal fabrication

  Ahmedabad


A and M Jumbo Bags Limited

  engaged in the manufacture and sale of various types of FIBC (Jumbo Bags)

  Ahmedabad


Peer Companies Of This Sector

FAQs

Scarnose International operates in Textiles and . The Issue is listed on BSE SME in Jun, 2022. Scarnose International IPO size was 6.60 Cr. with Issue price of 55.00 .

Scarnose International IPO subscription was 2.22 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Scarnose International IPO listed at a listing price of 56.05 against the offer price of 55.00.

The current market price of Scarnose International is 143.00.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency