Lamosaic India IPO Date, Review, Price, Allotment Details

Lamosaic India Services IPO open date is November 21, 2024 and the IPO will close on November 26, 2024. Lamosaic India Services IPO is a Fixed Price Issue. The company to raise around ₹61.20 crores via IPO that comprises fresh issue of ₹61.20 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Lamosaic India Services IPO price band is ₹200 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Lamosaic India Services IPO to list on NSE on November 29, 2024. The allotment of Lamosaic India Services IPO date is November 27, 2024.

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. As per the financials the IPO investors should apply the IPO for a long term.

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.

ApplicationLot SizeSharesAmount
Retail Minimum1600₹1,20,000
Retail Maximum1600₹1,20,000
S-HNI Minimum21,200₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
ArchidPly Industries Limited
(Consolidated)
3.5733.806.3656.14435.67 Cr.
Sylvan Plyboard (India) Limited4.2720.796.3449.64223.26 Cr.
Duroply Industries Limited1.25223.200.80128.20323.42 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

Lamosaic India Services IPO FAQs

What is Lamosaic India Services 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 Lamosaic India Services IPO will 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 Services IPO Investors Portion?

The investors’ portion for QIB is 00%, NII is 50%, and Retail is 50%.

How to Apply the Lamosaic India Services IPO?

You can apply for Lamosaic India Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Lamosaic India Services IPO Issue Size?

Lamosaic India Services IPO issue size is ₹61.20 crores.

What is Lamosaic India Services IPO Price Band?

Lamosaic India Services IPO Price Band is ₹200.

What is Lamosaic India Services IPO Lot Size?

The minimum bid is 600 Shares with ₹1,20,000 amount.

What is the Lamosaic India Services IPO Allotment Date?

Lamosaic India Services IPO allotment date is November 27, 2024.

What is the Lamosaic India Services IPO Listing Date?

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

Note: The Lamosaic India Services IPO price band and date are officially announced. The (Lamosaic India Services IPO grey market premium) will be added to the IPO GMP page as it will start).
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