Scarnose International Limited
June 13, 2022 – June 17, 2022
| Price | ₹55 - ₹55 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | - |
| Listing | - |
Scarnose International Limited
503, Sun Square,
Nr Hotel Nest, Off C. G. Road,
Navrangpura, Ahmedabad - 380006,
Phone: 079 – 4897 5503
Email: compliance@scarnose.com
Website: https://scarnose.com/
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 2.09 |
| Retail Investors | 2.34 |
| Employees | [.] |
| Others | [.] |
| Total | 2.22 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 110000 | 0 |
| HNI | 2 | 4000 | 220000 | 0 |
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.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 1204.91 | 1204.56 | 2.81 |
| 31-Mar-21 | 457.8 | 3255.72 | 22.51 |
| 31-Mar-22 | 1242.25 | 9593.02 | 33.42 |
| Amount in ₹ Lakhs |