Lamosaic India Services IPO Details
| IPO Open Date: | November 21, 2024 |
| IPO Close Date: | November 26, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹200 Per Share |
| Issue Size: | Approx ₹61.20 Crores |
| Fresh Issue: | Approx ₹61.20 Crores |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Lamosaic India Services IPO Market Lot
The Lamosaic India Services IPO minimum market lot is 600 shares with ₹1,20,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹1,20,000 |
| Retail Maximum | 1 | 600 | ₹1,20,000 |
| S-HNI Minimum | 2 | 1,200 | ₹2,40,000 |
Lamosaic India Services IPO Dates
The Lamosaic India Services IPO date is November 21 and the close date is November 26. The Lamosaic India Services IPO allotment will be finalized on November 27 and the IPO listing on November 29.
| IPO Open Date: | November 21, 2024 |
| IPO Close Date: | November 26, 2024 |
| Basis of Allotment: | November 27, 2024 |
| Refunds: | November 28, 2024 |
| Credit to Demat Account: | November 28, 2024 |
| IPO Listing Date: | November 29, 2024 |
Promoters of Lamosaic India Services IPO
The promoters of the company are Mr. Vinod Juthala Visaria, Mr. Jay Manilal Chheda, and Mr. Jitesh Khushalchand Mamaniya.
About Lamosaic India Services IPO
Lamosaic India Public Limited was founded in 2020 and started the business of trading, and Crafting decorative veneers such as acrylic sheets, printing papers, and other customized products as well. The manufacturing unit can produce up to 3,500 pieces, and it has currently made 750 flush doors, which have generated sales of INR 43.12 lakhs. It has around 60 suppliers for manufacturing and trading and due to expertise and knowledgeable team members, it has expanded long-term relationships with customers. Furthermore, it has had a substantial revenue increase within the last two years 55% of FY 2024. Additionally, the RONW(Return on Net Worth) ratio is 53.94% in FY2024, while ROCE( Return on Capital Employed) is 42.25% in the current year 2024. This company is going to launch an IPO in November to raise funds for 30,60,000 shares.
Lamosaic India Services IPO Company Financial Report
The company reported revenue of ₹55.65 crores in 2024 against ₹31.67 crore in 2023. The company reported Profit of ₹8.22 crores in 2024 against Profit of ₹4.07 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹10.01 | ₹9.35 | ₹0.51 | ₹5.81 |
| 2023 | ₹31.67 | ₹26.15 | ₹4.07 | ₹29.06 |
| 2024 | ₹55.65 | ₹44.63 | ₹8.22 | ₹51.27 |
| September 2024 | ₹72.82 | ₹58.50 | ₹10.76 | ₹81.52 |
Lamosaic India Services IPO Valuation – FY2024
Check Lamosaic India Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 53.94% |
| ROCE: | 42.25% |
| EBITDA Margin: | 25.46% |
| PAT Margin: | 14.79% |
| Debt to equity ratio: | 1.13 |
| Earning Per Share (EPS): | ₹11.31 (Basic) |
| Price/Earning P/E Ratio: | 17.68 |
| Return on Net Worth (RoNW): | 53.94% |
| Net Asset Value (NAV): | ₹20.96 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| ArchidPly Industries Limited (Consolidated) | 3.57 | 33.80 | 6.36 | 56.14 | 435.67 Cr. |
| Sylvan Plyboard (India) Limited | 4.27 | 20.79 | 6.34 | 49.64 | 223.26 Cr. |
| Duroply Industries Limited | 1.25 | 223.20 | 0.80 | 128.20 | 323.42 Cr. |
Objects of the Issue
- Repayment of certain Borrowings;
- To meet incremental working capital requirements;
- Pursuing Inorganic Growth; and
- General Corporate Purpose
Lamosaic India Services IPO Review
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Lamosaic India Services IPO Registrar
KFin Technologies Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com
IPO Lead Managers aka Merchant Bankers
- Inventure Merchant Bankers Private Limited
Company Address
Lamosaic India Limited
119, Atlanta Estate, A Wing, 01st Floor,
Off. G. M. Link Road, Goregaon East,
Mumbai – 400063, Maharashtra, India
Phone: +91 834 8341111
E-mail: [email protected]
Website: www.lamosaic.in
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