Lamosaic India Limited IPO Details
SME
Lamosaic India IPO opens for subscription on 21 Nov 2024 and closes on 26 Nov 2024. The IPO will be listed on NSE with the tentative listing date set for 29 Nov 2024.
Lamosaic India IPO price band has been fixed at ₹200 – ₹200 per share.The face value is ₹10 per share with a lot size of 600.
Lamosaic India IPO total issue size comprises 30,60,000 shares (aggregating up to ₹61.20 Cr). This includes a fresh issue of 30,60,000 shares (aggregating up to ₹61.20 Cr). Pre-issue shareholding stands at 72,78,008, which will increase to 1,03,38,008 post-issue.
Lamosaic India IPO Lot Size : Retain Minimum is 1 lot (600 shares) amounting to ₹120,000. Retain Maximum is 1 lot (600 shares) amounting to ₹120,000. HNI Minimum is 2 lots (1,200 shares) amounting to ₹240,000.
The Lead Managers for Lamosaic India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Inventure Merchant Banker Services Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Svcm Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Lamosaic India Limited RHP.
Lamosaic India IPO Details
Lamosaic India IPO Subscription
Lamosaic India IPO Application Wise Breakup
Lamosaic India IPO Dates
- 21 Nov 2024Opening dateOPD
- 26 Nov 2024Closing dateCOD
- 27 Nov 2024Allotment Date BOA
- 28 Nov 2024Initiation of RefundsIOR
- 28 Nov 2024Credit of SharesCOS
- 29 Nov 2024Listing dateLID
Lamosaic India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 600 | ₹120,000 |
| Retain Maximum | 1 | 600 | ₹120,000 |
| HNI Minimum | 2 | 1200 | ₹240,000 |
Lamosaic India IPO Reservation
Promoter Holding
Documents
Lamosaic India IPO Valuations
Lamosaic India Financial Information
Lamosaic India Limited's revenue increased by 75.25% and profit after tax (PAT) rose by 102.13% between the financial year ending with March 31, 2024 and March 31, 2023.
| 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 ₹ Lakhs | ||||
About Lamosaic India IPO
Founded in January 2020, Lamosaic India Limited trades various products, including flush doors, decorative laminates, acrylic sheets, printing paper (base), and plywood. In September 2023, the company expanded its operations into manufacturing by setting up a workshop in Chembur, Mumbai, covering an area of approximately 650 sq. ft.
The range of products sold under the brand name "Lamosaic" is summarized as under:
- Flush Doors
- Decorative Laminates
- Acrylic Sheets
- Printing Paper (Base)
- Plywood
The company offers customized solutions for its customers, including the design of laminates and acrylic sheets. Additionally, the company manufactures and supplies laminated and decorative flush doors based on customer orders. The company's business operations, including trading and manufacturing, are currently conducted within Maharashtra. In addition to selling products directly in the market, the company also distribute through a franchise located in Mumbai, Maharashtra.
Competitive Strength
- Strong Network of Dealer, Distributors, Stockiest and Wholesalers.
- Experienced Management team
- Redesign products that are suitable for the Indian market with the assistance of in-house designers.
As of September 30 2024, the company has nine employees and 23 unskilled labourers.
Strength Of Lamosaic India IPO
1. Experienced management team.
2. Distribution and Marketing Network.
3. In House Designers.
Risk Of Lamosaic India IPO
1. Our Company has been recently incorporated thus we have limited operating history as a Company which may make it difficult for investors to evaluate our historical performance or future prospects.
2. We intend to use a portion of the Net Proceeds to prepay / repay certain loan facilities.
3. We propose to utilize a portion of our Net Proceeds towards pursuing inorganic growth opportunities by way of strategic acquisitions and/ or joint ventures.
4. Our Company's business operations geographically restricted to Maharashtra and any downturn and/ or any economic, regulatory, social and political change in any of the Indian states in which we operate or seek to operate may affect our market share and/ or may adversely affect our business, financial condition and results of operations.
5. We derive a significant portion of our revenue from our single product i.e. Laminates. Therefore, factors that adversely affect the demand for such lamination or our position and reputation may adversely affect our business and results of operations.
6. We do not own the premises in which our registered office, corporate office, godown and workshop premise are located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect our operations.
7. We do not own the trademarks and logo used in our business; we may be unable to sufficiently protect, or continue our intellectual property and other proprietary rights.
8. We are dependent upon few suppliers for the material requirements of our business. Further, we do not have definitive agreements or fixed terms of trade with most of our suppliers. Failure to successfully leverage our relationships with existing suppliers or to identify new suppliers could adversely affect our business operations.
9. If we are unable to attract new clients or our existing clients do not renew their contract or default in payments, the growth of our business and cash flows will be adversely affected.
10. Our operations are significantly dependent on the timely procurement of raw materials and any delay in such procurement or procurement on commercially unviable terms may adversely affect our business and results of operations.
Objectives Lamosaic India IPO
- Repayment of certain Borrowings;
- To meet incremental working capital requirements;
- Pursuing Inorganic Growth; and
- General Corporate Purposes
Company Contact Details
Lamosaic India Limited
Shop No 32 3B 2B Prop 295
Pisoli Road Kondhwa
Pune -411048
Phone: +91 876 876 7777
Email: cs@lamosaic.in
Website: https://www.lamosaic.in/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports