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Scarnose International IPO Review & Recommendations

Scarnose International IPO Review Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 3

Scarnose International IPO Details

IPO Open Jun 14, 2022
IPO Close Jun 17, 2022
IPO Price ₹55
Face Value ₹10
IPO Size ₹6.60 Cr
Listing At BSE SME
Lot Size 2000

Scarnose International IPO Review by Brokers & Analysts

ReviewerRecommendation
Dilip DavdaAvoid

Scarnose International IPO Review by Members

Scarnose International IPO Reviews, analysis and views by popular members. Read Scarnose International Limited IPO reviews by retail investors to find recommended ipo to buy.

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Member Review
Abhii VPG

Avoid

Ask price is too high.
Net profit margin is not even 1%

Last Updated : Jun 9, 2022 11:45:53 PM
IProfitO

Avoid

Company improved it's bussiness both bottom and top line and doing well.The LM has good track record .
The major issue is while it's peer are trading at average p/e 4 it's asking price is 50+ that also with the high margin and revenue in current year.So sustainability is very unlikely .So clear cut avoid .

Last Updated : Jun 9, 2022 8:45:26 PM
JAI MATA DI
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)

Avoid

Issue price too costly.

Last Updated : Jun 9, 2022 7:15:13 PM

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