June 14, 2022 - June 17, 2022

Scarnose International IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Scarnose International IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Scarnose International IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Scarnose International IPO Review by Dilip Davda (Avoid)

[Dilip Davda] Though the company has reported a growing pattern for its top and bottom lines, its low margin raises concerns. Based on petty earnings, its IPO is priced greedily. A low post-IPO equity capital base indicates longer gestation for migration to the main board. There is no harm in ignoring this pricy issue. Read detail review...

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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Scarnose International IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	3
%	0.00	0.00	0.00	100.00

Member	Review
JAI MATA DI IPO Mentor (800+ Posts, 600+ Likes)	Avoid Issue price too costly. June 9, 2022 7:15:13 PM
IProfitO Top Contributor (200+ Posts, 100+ Likes)	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 . June 9, 2022 8:45:26 PM
Abhii VPG IPO Mentor (1000+ Posts, 300+ Likes)	Avoid Ask price is too high. Net profit margin is not even 1% June 9, 2022 11:45:53 PM

Member

Review

JAI MATA DI

IPO Mentor (800+ Posts, 600+ Likes)

Avoid

Issue price too costly.

June 9, 2022 7:15:13 PM

IProfitO

Top Contributor (200+ Posts, 100+ Likes)

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 .

June 9, 2022 8:45:26 PM

Abhii VPG

IPO Mentor (1000+ Posts, 300+ Likes)

Avoid

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

June 9, 2022 11:45:53 PM

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