Lamosaic India IPO
GMP, Subscription, Price, Dates & Financial Details
Lamosaic India Limited, initially established as a partnership firm named "Swastik Marketing" in January 2020, is a company engaged in the trading and manufacturing of a variety of building materials. The firm's product offerings include flush doors, decorative laminates, acrylic sheets, printing…
Open Date
Thu, 21 Nov 2024
Close Date
Tue, 26 Nov 2024
Issue Price
₹ 200
Lot Size
600
Issue Size
₹ 61.20 Cr
Minimum Investment
₹ 240,000 (1200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Lamosaic India IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹61.20 Crore, comprising a fresh issue of 30.60 Lakh equity shares aggregating to ₹61.20 Crore.
The Lamosaic India IPO remained open for subscription from November 21, 2024, to November 26, 2024. The basis of allotment was finalized on November 27, 2024, and the company's shares were listed on NSE SME Platform on November 29, 2024.
The company had fixed the price at ₹200 per share, with a lot size of 600 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Inventure Merchant Banker Services Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Lamosaic India Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Lamosaic India IPO Timeline (Tentative)
- IPO Open Date
- Thu, 21 Nov 24
- IPO Close Date
- Tue, 26 Nov 24
- Basis of Allotment
- Wed, 27 Nov 24
- Initiation of Refunds
- Thu, 28 Nov 24
- Credit of Shares to Demat
- Thu, 28 Nov 24
- Listing Date
- Fri, 29 Nov 24 — NSE & BSE
Open Date
21 November 2024
Close Date
26 November 2024
Basis Of Allotment
27 November 2024
Listing Date
29 November 2024
IPO Subscription
Check Live Subscription →The Lamosaic India IPO has received bids for 52,90,800 shares against 29,07,000 shares offered, resulting in an overall subscription of 1.82x. the NII category is subscribed 0.98x, Retail Investors 2.66x, and QIBs 0x.
QIB
0x
NII
0.98x
RII
2.66x
Total
1.82x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 14,53,500 shares, representing 47.5% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 14,53,500 shares (47.5%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 153,000 | 5% |
| Non-Institutional | 1,453,500 | 47.5% |
| Retail Investors | 1,453,500 | 47.5% |
| Total | 3,060,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 8151.84 | 5126.79 | 2905.61 | 581.13 |
| Revenue | 7286.98 | 5565.72 | 3175.85 | 1003.45 |
| Profit After Tax | 1076.24 | 822.94 | 407.14 | 50.89 |
| Net Worth | 2601.95 | 1525.71 | 1143.33 | 295.99 |
| Reserve & Surplus | 1874.15 | 797.91 | 0 | 0 |
| Total Borrowings | 0 | 0 | 0 | 0 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Lamosaic India Limited KPI Information
| Particular | KPI as of September 30, 2024. |
|---|---|
| ROE % | 41.36 |
| ROCE % | 39.95 |
| Debt / Equity | 0.57 |
| RoNW % | 41.36 |
| PbW | 5.59 |
| Pat Margin % | 14.77 |
Peers Comparison
No Peer Comparision Available
About Lamosaic India Limited
Lamosaic India Limited, initially established as a partnership firm named "Swastik Marketing" in January 2020, is a company engaged in the trading and manufacturing of a variety of building materials. The firm's product offerings include flush doors, decorative laminates, acrylic sheets, printing paper (base), and plywood, sold primarily to the real estate, infrastructure, construction, interior decor, and furniture industries.
In FY 2024, the partnership firm transitioned into a public limited company under the name "Lamosaic India Limited," with the company officially incorporated on June 13, 2023. This change marked the dissolution of the partnership and the beginning of its corporate operations.
The company began by trading these products but expanded into manufacturing in September 2023, setting up a workshop in Chembur, Mumbai. The workshop spans 650 sq. ft. and allows the company to provide customized solutions for its customers, including designing laminates and acrylic sheets, as well as manufacturing laminated and decorative flush doors to order.
Lamosaic India Limited operates primarily within Maharashtra and sells products both directly and through a franchisee located in Mumbai. The products sold under the "Lamosaic" brand include:
- Flush Doors
- Decorative Laminates
- Acrylic Sheets
- Printing Paper (Base)
- Plywood
The company aims to further expand its business and solidify its presence in the market with a combination of trading and manufacturing operations.
Lamosaic India IPO Promoters
- Mr. Vinod Juthala Visaria
- Mr. Jay Manilal Chheda
- Mr. Jitesh Khushalchand Mamaniya
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
70.40%
Lamosaic India IPO Objective
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
- Repayment of certain Borrowings.
- To meet incremental working capital requirements.
- Pursuing Inorganic Growth.
- General Corporate Purposes.
Lamosaic India Limited Address / Contact Details
Lamosaic India Limited
Shop No 32 3B 2B Prop 295
Pisoli Road Kondhwa
Pune Maharashtra-411048
Phone: +91 876 876 7777
Email: cs@lamosaic.in
Website: https://www.lamosaic.in
IPO Snapshot
Lamosaic India IPO Lot Size
The Lamosaic India IPO has a lot size of 600 shares. Retail investors require a minimum investment of ₹1,20,000 by applying for 1 lot (600 shares). The maximum application allowed for the retail category is 1 lots (600 shares), requiring an investment of ₹1,20,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 120,000.00 |
| Retail (Max) | 1 | 600 | 120,000.00 |
| S-HNI (Min) | 2 | 1,200 | 240,000.00 |
Issue Reservation
- Market Maker — 5%
- NII — 47.5%
- RII — 47.5%
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Lamosaic India IPO?
Lamosaic India IPO is a Fixed price IPO with a total issue size of ₹61.2 crore. The Lamosaic India IPO price band is ₹200 to 200 per share. The Lamosaic India IPO subscription opens on Thu, Nov 21, 2024, and closes on Tue, Nov 26, 2024. The Lamosaic India IPO will be listed on the NSE. KFin Technologies Limited is the registrar for the Lamosaic India IPO.
When will the Lamosaic India IPO open for subscription?
The Lamosaic India IPO opens on Thu, Nov 21, 2024 and closes on Tue, Nov 26, 2024
What is Lamosaic India IPO Price Band?
Lamosaic India IPO Price Band is ₹200 to 200 per share.
What is Lamosaic India IPO Lot Size?
Lamosaic India IPO lot size is 600 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
What is the minimum investment for Lamosaic India IPO?
The minimum investment for Lamosaic India IPO is ₹240000, based on one lot of 600 shares at the upper price band of ₹200 per share.
How to apply for Lamosaic India IPO?
Investors can apply for the Lamosaic India IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Nov 26, 2024. The application amount remains blocked until the Lamosaic India IPO allotment is finalized.
What is Lamosaic India IPO Issue Size?
Lamosaic India IPO issue size is ₹61.2 crores.
What is the Lamosaic India IPO Allotment Date?
Lamosaic India IPO allotment date is Wed, Nov 27, 2024.
Who is the Lamosaic India IPO Registrar?
The registrar for Lamosaic India IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Lamosaic India IPO allotment status, refund processing, and other IPO-related information.
Who is the Lamosaic India IPO Lead Manager?
The book-running lead managers (BRLMs) for the Lamosaic India IPO are Inventure Merchant Banker Services Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Lamosaic India IPO Red Herring Prospectus (RHP).