The Lamosaic India IPO is set to hit the markets soon, offering investors a chance to buy shares in the growing company. This fixed price issue will open for subscription on November 21, 2024, and close on November 26, 2024. The company plans to list on the NSE SME platform on November 29, 2024. Here’s a complete breakdown of Lamosaic India IPO details.
Lamosaic India IPO Overview
- IPO Open Date: November 21, 2024
- IPO Close Date: November 26, 2024
- Listing Date: November 29, 2024
- Price per Share: ₹200
- Face Value: ₹10
- Lot Size: 600 Shares
- Price Range: ₹200
- Issue Type: Fixed Price Issue IPO
- Total Issue Size: ₹61.20 Crore
- Listing At: NSE SME
- Issue Size: 3,060,000 Shares
- For more information, you can download the IPO prospectus here.
Also Read: Lamosaic India IPO Review: Should You Apply?
Lamosaic India IPO Lot Size & Investment
Investors can apply for a minimum of 600 shares. Here’s a breakdown of the investment amount required for retail and HNI investors:
| Investor Category | Shares Offered | Investment (₹) |
|---|---|---|
| Retail (Min) | 600 Shares | ₹120,000 |
| Retail (Max) | 600 Shares | ₹120,000 |
| HNI (Min) | 1,200 Shares | ₹240,000 |
Lamosaic India IPO Reservation
The IPO offers a 50% reservation for retail investors and a 50% reservation for other investors. Here’s how the shares are allocated:
| Investor Category | Shares Offered |
|---|---|
| Retail Investors | 50% of the Net Issue |
| Other Investors | 50% of the Net Issue |
Lamosaic India IPO Timeline
The IPO subscription window opens on November 21, 2024, and closes on November 26, 2024. Below is the tentative schedule for the IPO:
| Event | Date |
|---|---|
| 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 IPO Financials
Lamosaic India has shown strong financial growth in recent years, with a significant increase in both revenue and profit. Here’s a snapshot of the company’s financial performance:
| Period Ended | Assets (₹ Lakhs) | Revenue (₹ Lakhs) | Profit After Tax (₹ Lakhs) | Net Worth (₹ Lakhs) |
|---|---|---|---|---|
| 30 Sep 2024 | 8,151.84 | 7,286.98 | 1,076.24 | 2,601.95 |
| 31 Mar 2024 | 5,126.79 | 5,565.72 | 822.94 | 1,525.71 |
| 31 Mar 2023 | 2,905.61 | 3,175.85 | 407.14 | 1,143.33 |
| 31 Mar 2022 | 581.13 | 1,003.45 | 50.89 | 295.99 |
Key Financial Ratios
- ROE (Return on Equity): 41.36%
- ROCE (Return on Capital Employed): 39.95%
- Debt/Equity Ratio: 0.57
- RoNW (Return on Net Worth): 41.36%
- P/BV (Price to Book Value): 5.59
- PAT Margin: 14.77%
Lamosaic India IPO Promoter Holding
The promoters of Lamosaic India are:
- Mr. Vinod Juthala Visaria
- Mr. Jay Manilal Chheda
- Mr. Jitesh Khushalchand Mamaniya
Shareholding Pre-Issue: 100%
Shareholding Post-Issue: 70.40%
About Lamosaic India Limited
Founded in January 2020, Lamosaic India Limited has quickly emerged as a key player in the trading and manufacturing of a variety of building materials, including flush doors, decorative laminates, acrylic sheets, printing paper (base), and plywood. In September 2023, the company expanded its operations by setting up a manufacturing workshop in Chembur, Mumbai.
Product Range:
- Flush Doors
- Decorative Laminates
- Acrylic Sheets
- Printing Paper (Base)
- Plywood
Lamosaic offers customized solutions, including designing laminates and acrylic sheets, and manufactures laminated and decorative flush doors based on customer orders.
Lamosaic India IPO Registrar & Contact Information
- Registrar: Kfin Technologies Limited
- Phone: 04067162222, 04079611000
- Email: lamosaic.ipo@kfintech.com
- Website: Kfin Technologies IPO Status
- Company Contact:
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: www.lamosaic.in
Conclusion
The Lamosaic India IPO presents an attractive investment opportunity for both retail and HNI investors looking to participate in the growth of a promising company in the building materials industry. With a robust financial track record and a diverse product range, Lamosaic is poised for further expansion. Make sure to mark your calendars and consider participating in this upcoming IPO.
FAQs
What are the Lamosaic India IPO dates?
The Lamosaic India IPO will open on November 21, 2024, and close on November 26, 2024.
What is the price range for the Lamosaic India IPO?
The price range for the IPO is ₹200 per share.
What is the lot size for the Lamosaic India IPO?
The minimum lot size is 600 shares.
How much is the minimum investment for the Lamosaic India IPO?
The minimum investment for retail investors is ₹120,000 for 600 shares.
What is the total issue size of the Lamosaic India IPO?
The total issue size is ₹61.20 crore, consisting of 3,060,000 shares.
When will the Lamosaic India IPO be listed?
The shares will be listed on November 29, 2024, on the NSE SME platform.
Who are the promoters of Lamosaic India?
The promoters are Mr. Vinod Juthala Visaria, Mr. Jay Manilal Chheda, and Mr. Jitesh Khushalchand Mamaniya.
What is the face value of Lamosaic India shares?
The face value of each share is ₹10.
How can I apply for the Lamosaic India IPO?
You can apply through your stockbroker or using the ASBA (Application Supported by Blocked Amount) facility via your bank.
What is the listing date of the Lamosaic India IPO?
The listing date is November 29, 2024.
How will I know if I have been allotted shares in the Lamosaic India IPO?
The basis of allotment will be announced on November 27, 2024.
Who is the registrar for the Lamosaic India IPO?
The registrar for the IPO is Kfin Technologies Limited.