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14 November 2024

Lamosaic India Limited IPO, GMP, Details, Price, And Review

Lamosaic India Limited, founded in January 2020, offers a diverse range of products, including flush doors, decorative laminates, acrylic sheets, printing paper (base) and plywood. In September 2023, the company expanded its operations into manufacturing by establishing a 650 sq. ft. workshop in Chembur, Mumbai.

The company's products are marketed under the brand name "Lamosaic" and include the following:

● Flush Doors

● Decorative Laminates

● Acrylic Sheets

● Printing Paper (Base)

● Plywood

Lamosaic India Limited IPO Overview:

● Issue Type: Fixed Price Issue
● Total Issue Size: ₹61.20 crores
● Fresh Issue: 30.6 lakh shares
● Price Per Share: ₹200
● Minimum Lot Size: 600 shares
● Opening Date: November 21, 2024
● Closing Date: November 26, 2024
● Book Running Lead Manager: Inventure Merchant Banker Services Pvt Ltd
● Registrar: Kfin Technologies Limited
● Market Maker: Svcm Securities

WHAT IS GMP?

GMP (Grey Market Premium) differs between the IPO and grey market prices. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs, reflecting how the IPO would react on the listing day.

A grey market is where shares/stocks are traded before being listed officially on the stock exchange.

Lamosaic India Limited IPO GMP

GMP Date	IPO Price	GMP	Last Updated
	200	-

**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**

Lamosaic India Limited IPO Details

Detail	Description
IPO Date	November 21, 2024 to November 26, 2024
Listing Date	[.]
Face Value	₹10 per share
Price	₹200 per share
Lot Size	600 Shares
Total Issue Size	3,060,000 shares (aggregating up to ₹61.20 Cr)
Fresh Issue	3,060,000 shares (aggregating up to ₹61.20 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Shareholding pre issue	7,278,008
Shareholding post issue	10,338,008
Market Maker portion	153,000 shares

Lamosaic India Limited IPO Timeline

Detail	Description
IPO Open Date	Thursday, November 21, 2024
IPO Close Date	Tuesday, November 26, 2024
Basis of Allotment	Wednesday, November 27, 2024
Initiation of Refunds	Thursday, November 28, 2024
Credit of Shares to Demat	Thursday, November 28, 2024
Listing Date	Friday, November 29, 2024
Cut-off time for UPI mandate confirmation	5 PM on November 26, 2024

Lamosaic India Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	1	600	₹120,000
Retail (Max)	1	600	₹120,000
HNI (Min)	2	1,200	₹240,000

Lamosaic India Limited IPO Reservation

Investor Category	Shares Offered
Retail Shares Offered	50% of the Net Issue
Other Shares Offered	50% of the Net Issue

Lamosaic India Limited IPO Promoter Holding

Share Holding Pre Issue	100.00%
Share Holding Post Issue	70.40%

Competitive Strength:

● Strong Network of Dealer, Distributors, Stockist and Wholesalers.
● Strong Network of Dealer, Distributors, Stockist and Wholesalers.
● Redesign products that are suitable for the Indian market with the assistance of in-house designers.

Lamosaic India Limited Financial Information

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,151.84	5,126.79	2,905.61	581.13
Revenue	7,286.98	5,565.72	3,175.85	1,003.45
Profit After Tax	1,076.24	822.94	407.14	50.89
Net Worth	2,601.95	1,525.71	1,143.33	295.99
Reserves and Surplus	1,874.15	797.91
Amount in ₹ Crore

Key Performance Indicator

KPI	Values
ROE	41.36%
ROCE	39.95%
Debt/Equity	0.57
RoNW	41.36%
P/BV	5.59
PAT Margin (%)	14.77

	Pre IPO	Post IPO
EPS (Rs)	11.31	20.82
P/E (x)	17.69	9.61

Objectives of Lamosaic India Limited IPO

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objectives:

1. Augmenting the capital base to meet the Company's future capital requirements arising out of the growth of the business and assets.
2. To meet incremental working capital requirements.
3. Pursuing Inorganic Growth.
4. General Corporate Purposes.

FAQs for Lamosaic India Limited IPO

What is Lamosaic India Limited IPO?

Lamosaic India Services IPO is a SME IPO. The company is going to raise ₹61.20 Crores via IPO. The issue is priced at ₹200 per equity share. The IPO is to be listed on NSE.
When will the Lamosaic India Limited IPO open for subscription?

The IPO is to open on November 21, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 26, 2024.
What is Lamosaic India Limited IPO Investors Portion?

The IPO is to open on November 21, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 26, 2024.
What is Lamosaic India Limited IPO Issue Size?

Lamosaic India Services IPO issue size is ₹61.20 crores.
What is Lamosaic India Limited IPO Price Band?

Lamosaic India Services IPO Price Band is ₹200.
What is Lamosaic India Limited IPO Lot Size?

The minimum bid is 600 Shares with ₹1,20,000.
What is the Lamosaic India Limited IPO Allotment Date?

Lamosaic India Services IPO allotment date is November 27, 2024.
What is the Lamosaic India Limited IPO Listing Date?

Lamosaic India Services IPO listing date is November 29, 2024. The IPO is to list on NSE.