Lamosaic India IPO Details: The Lamosaic India Services IPO will open on November 21, 2024, and close on November 26, 2024. This is a Fixed Price Issue, with the company aiming to raise approximately ₹61.20 crores. The offering includes a fresh issue of ₹61.20 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.The IPO price band is set at ₹200 per share. The retail quota is 50%, while the QIB and HNI quotas are 0% and 50%, respectively. The shares are expected to be listed on the NSE on November 29, 2024, with the allotment date scheduled for November 27, 2024.For the financial year 2024, the company reported a revenue of ₹55.65 crores, compared to ₹31.67 crores in 2023. Profit stood at ₹8.22 crores in 2024, up from ₹4.07 crores in 2023. Given these financials, investors looking for long-term growth may find this IPO an attractive opportunity.
Lamosaic India IPO Objectives:
- Repayment of certain Borrowings;
- To meet incremental working capital requirements;
- Pursuing Inorganic Growth; and
- General Corporate Purpose
Lamosaic India IPO Review (Apply or Not)
- Update soon
Lamosaic India IPO Date & Price Band 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 IPO Lot Size:
The minimum market lot for the Lamosaic India Services IPO is 600 shares, with an application amount of ₹1,20,000.
| 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 IPO Timeline:
The Lamosaic India Services IPO will open on November 21 and close on November 26. The allotment will be finalized on November 27, with the shares expected to be listed 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 |
Lamosaic India IPO GMP Today:
- Update soon
Promoters of Lamosaic India Services IPO
The promoters of Lamosaic India Services IPO are Mr. Vinod Juthala Visaria, Mr. Jay Manilal Chheda, and Mr. Jitesh Khushalchand Mamaniya.
About Lamosaic India Services IPO
Lamosaic India Public Limited, founded in 2020, specializes in the trading and crafting of decorative veneers, including acrylic sheets, printing papers, and other customized products. The company’s manufacturing unit has a production capacity of up to 3,500 pieces and has successfully produced 750 flush doors, generating sales of INR 43.12 lakhs. Lamosaic India works with approximately 60 suppliers for both manufacturing and trading, and its expertise, along with its skilled team, has fostered strong, long-term relationships with customers. Over the past two years, the company has experienced impressive revenue growth, with a 55% increase in FY 2024. Additionally, its Return on Net Worth (RONW) stands at 53.94% for FY 2024, while its Return on Capital Employed (ROCE) is 42.25% for the current year. To fuel its growth, the company is launching an IPO in November to raise funds by issuing 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. |
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: lamosaic.ipo@kfintech.com
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: cs@lamosaic.in
Website: www.lamosaic.in
Lamosaic India Services IPO FAQs
What is the Lamosaic India Services IPO?
The Lamosaic India Services IPO is an SME IPO, through which the company aims to raise ₹61.20 crores. The issue is priced at ₹200 per equity share, and the IPO will be listed on the NSE.
When will the Lamosaic India Services IPO open for subscription?
The IPO will open for subscription on November 21, 2024, for QIB, NII, and Retail Investors, and will close on November 26, 2024.
What is the investor portion for Lamosaic India Services IPO?
The investor portion is allocated as follows: QIB – 0%, NII – 50%, and Retail – 50%.
How to apply for the Lamosaic India Services IPO?
You can apply for the Lamosaic India Services IPO online through ASBA via your bank account, or by using UPI through your stockbroker. Alternatively, you can apply offline by filling out the form provided by your stockbroker.
What is the Lamosaic India Services IPO issue size?
The issue size for the Lamosaic India Services IPO is ₹61.20 crores.
What is the price band for the Lamosaic India Services IPO?
The price band for the Lamosaic India Services IPO is ₹200 per share.
What is the lot size for the Lamosaic India Services IPO?
The minimum lot size is 600 shares, with an application amount of ₹1,20,000.
What is the allotment date for the Lamosaic India Services IPO?
The allotment date for the Lamosaic India Services IPO is November 27, 2024.
What is the listing date for the Lamosaic India Services IPO?
The Lamosaic India Services IPO will be listed on the NSE on November 29, 2024.
