Lamosaic India IPO Details
The Lamosaic India IPO is a fixed price issue with a total issue size of ₹61.2 cr, comprising of fresh issue of 3060000 equity shares. Lamosaic India IPO opened for subscription on Nov 21, 2024 and closed on Nov 26, 2024. Lamosaic India IPO has set the price at ₹200 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹240,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Nov 27, 2024, and listed on the NSE on Nov 29, 2024.
Kfin Technologies Limited has been appointed as the registrar. Inventure Merchant Banker Services Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Lamosaic India IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 200 – 200
- Lot Size
- 600
- Issue Size
- ₹61.2 Cr
- Minimum Investment
- ₹240000 (1200 Shares)
- Listing Date
- 29 November 2024
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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.
Address / Contact Info
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
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an 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.
The Lamosaic India IPO opens on Thu, Nov 21, 2024 and closes on Tue, Nov 26, 2024
Lamosaic India IPO Price Band is ₹200 to 200 per share.
Lamosaic India IPO lot size is 600 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
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.
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.
Lamosaic India IPO issue size is ₹61.2 crores.
Lamosaic India IPO allotment date is Wed, Jul 1, 2026.
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.