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Scarnose International Ltd

Registered Office:503 Sun Square Nr Hotel Nest,Off C.G. Road Navrangpura,Ahmedabad-380006,Gujarat, India.
Phone : 91-079-48975503 Fax:
Email : compliance@scarnose.com
Website :www.scarnose.com

Initial public offer of 12,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Scarnose International Limited (the "Company" or the "Issuer") for cash at a price of Rs. 55 per equity share, including a share premium of Rs. 45 per equity share (the "Issue Price"), aggregating to Rs. 6.60 crores ("The Issue"), of which 60,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 55 per equity share, aggregating to Rs. 0.33 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 11,40,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 55 per equity share, aggregating to Rs. 6.27 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 38.09% and 36.19% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 55/- each i.e., 5.5 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue
Opens On	Closes On
14-Jun-22	17-Jun-22

Money Payable On
Application	Allotment
55.00	0.00

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
14-Jun-22	17-Jun-22	55.00	0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	Cr	Lead Managers to the Issue
Project Cost (.Cr)	6.05	Finshore Management Services Ltd
Project Financed through Current Offer (.Cr)	6.60
Post Issue Equity Share Capital (.Cr)	3.15
Issue Price ()	55.00

Projects
To meet the working capital requirements
To meet the repayment of Unsecured Loan
General corporate purposes

Promoted By
Shah Vimalkumar Mishrilal
Hitesh Loonia

Listing At
BSE - SME

Registrar to the Issue
No Data Available

Attention Investor :

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A Muthoot M George Enterprise