
Manufacturing · BSE
Incorporated in 2011, Scarnose International Limited is engaged in the manufacturing and trading of agricultural commodities, including cotton trading, garment manufacturing, yarn trading, and fabric trading. The company operates a network of printing, weaving, and stitching units. It procures cotton bales from various suppliers and delivers high-quality cotton to key markets across India. Scarnose International's product portfolio includes raw cotton, cotton bales, yarn, and garments, primarily catering to the ladies' fashion segment. In the financial year 2021, the company ventured into the manufacturing of ladies' dress materials, particularly Kurtis, through an outsourcing model under its domestic brand "Scarnose." The company sources raw materials from multiple suppliers, including embroidered fabric accessories, fasteners, buttons, labels, and laces. The manufacturing process involves cutting, sewing, finishing, and ironing to transform raw materials into finished products.
Price Band
₹55
Issue Size
₹6.60 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹55
at current GMP
Subscribed
2.22x
overall
Open
13 Jun 2022
Close
17 Jun 2022
Allotment
22 Jun 2022
Refund
23 Jun 2022
Demat Credit
24 Jun 2022
Listing
27 Jun 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹55
Band: ₹55
Estimated Listing Price
₹55
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,10,000
Estimated Profit / Lot
₹0
2000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹55 |
| 30 Oct 2026 | — | 0.0% | ₹55 |
| 29 Oct 2026 | — | 0.0% | ₹55 |
GMP is unofficial market data. Not a guarantee of listing performance.
Scarnose International Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹6.6 Crores. The shares are offered at a price band of ₹55 to ₹55 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,10,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-06-24, while un-allotted funds or UPI block mandates will be released on 2022-06-23.
The latest grey market premium for Scarnose International Limited IPO is ₹0, which indicates an expected listing price of ₹55.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.