Lamosaic India Limited IPO
NSE SMEListed On: Nov 29, 2024 at ₹ 164.0
₹ 240000 /1200 Shares
*Min Investment
21 Nov, 2024
Open Date26 Nov, 2024
Close Date27 Nov, 2024
Allotment Date29 Nov, 2024
Listing DateLamosaic India IPO Issue Details
- Issue Price ₹200 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 30,60,000 shares(aggregating up to ₹61.2 crore)
- Fresh Share 30,60,000 shares(aggregating up to ₹61.2 crore)
- Listing at NSE SME
- List Price 164.0
- Listing Date 2024-11-29
- Lead Manager Inventure Merchant Banker Services Pvt Ltd
- Registrar Kfin Technologies Limited
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,20,000 |
| Retail(max) | 1 | 600 | ₹1,20,000 |
| NII (min) | 2 | 1,200 | ₹2,40,000 |
Lamosaic India IPO Reservation
Lamosaic India IPO offers total 30,60,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,14,53,500 (47.5%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,53,000 (5%) | |
| Retail Shares Offered | 14,53,500 (47.5%) | |
| Total Shares Offered | 30,60,000 (100%) |
Lamosaic India IPO Details
Lamosaic India Limited IPO is an SME IPO, priced at ₹200 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 30,60,000 equity shares, aggregating up to ₹61.2 crores..
The IPO bidding window is open from Nov 21, 2024 to Nov 26, 2024. The allotment is expected to be finalized on Nov 27, 2024, and the tentative listing date is Nov 29, 2024.
The minimum lot size for Retail investors is 600 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Inventure Merchant Banker Services Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Svcm Securities Private Limited will act as the market maker for this issue.
Lamosaic India IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,453,500 | 1,453,500 | 2,907,000 |
Day 1 21-11-24 06:00 PM | 0.36 x | 0.09 x | 0.22 x |
Day 2 22-11-24 06:00 PM | 0.71 x | 0.57 x | 0.64 x |
Day 3 25-11-24 06:00 PM | 0.85 x | 1.57 x | 1.21 x |
Day 4 26-11-24 06:00 PM | 0.98 x | 2.66 x | 1.82 x |
Lamosaic India Valuations
Lamosaic India Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 5,126.79 | 2,905.61 | 581.13 |
| Revenue | 5,565.72 | 3,175.85 | 1,003.45 |
| Profit After Tax | 822.94 | 407.14 | 50.89 |
| Net Worth | 1,525.71 | 1,143.33 | 295.99 |
| Reserves & Surplus | 797.91 | N/A | N/A |
About Lamosaic India Company
It was started in January 2020 and deals in flush doors, decorative laminates, acrylic sheets, base printing paper, and plywood. The company further extended its operations into manufacturing by setting up a workshop at Chembur, Mumbai, on approximately 650 sq. ft. as of September 2023.
The products being sold in the brands of Lamosaic are as below:
Flush Doors
Decorative Laminates
Acrylic Sheets
Printing Paper (Base)
Plywood
The company caters to customer-specific requirements, from designing laminates and acrylic sheets to manufacturing laminated and decorative flush doors strictly according to order. The business operations of trading and manufacturing by the company are currently carried on within Maharashtra. Besides selling through direct market dealings, the company also distributes products through a franchise located in Mumbai, Maharashtra.
Lamosaic India - Promoter(s)
Mr. Vinod Juthala Visaria
Mr. Jay Manilal Chheda
Mr. Jitesh Khushalchand Mamaniya
Pre Issue Share Holding : 100%
Post Issue Share Holding : 70.40%
Lamosaic India IPO - Issue Objectives
Repayment of certain Borrowings
To meet incremental working capital requirements
Pursuing Inorganic Growth
General Corporate Purposes
Lamosaic India IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Lamosaic India Limited | 14.79 | 14.79 | 35.75 | 13.52 | 41.36 | 5.59 | Standalone |
| Archidply Industries Ltd. | 3.57 | 3.57 | 56.14 | 33.8 | 6.36 | 2.15 | Standalone |
| Sylvan Plyboard (India) Limited | 4.27 | 4.27 | 49.64 | 20.79 | 6.34 | 1.78 | Standalone |
| Duroply Industries Ltd | 1.25 | 1.25 | 223.2 | 128.2 | 0.8 | N/A | Standalone |
Notes:
- The P/E Ratio is computed by dividing the closing market price on November 07, 2024, on NSE/BSE by EPS.
- Return on Net Worth (RONW) = Net profit after tax, as restated / Average shareholders' equity (including minority interest) as restated at year/period end.
- NAV is computed as the closing net worth (excluding minority interest) divided by the closing outstanding number of equity shares.
Contact Details
Lamosaic India
Shop No 32 3B 2B Prop 295, Pisoli Road Kondhwa, Pune -411048
+91 876 876 7777
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Lamosaic India IPO - FAQs
Ans. Lamosaic India Limited IPO is a SME IPO. The issue is priced at ₹200 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Nov 21, 2024, and closes on Nov 26, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Lamosaic India Limited IPO opens on Nov 21, 2024 and closes on Nov 26, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Lamosaic India Limited IPO is 3,060,000 shares(aggregating up to ₹61.20 Cr).
Ans. The Lamosaic India Limited IPO price band is set between ₹200 per equity share.
Ans. To apply for Lamosaic India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Lamosaic India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Lamosaic India Limited IPO is Nov 27, 2024.
Ans. The Lamosaic India Limited IPO will be listed on Nov 29, 2024.
Ans. Follow the steps to check the Lamosaic India Limited IPO allotment status online.
