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.
As of September 30 2024, the company has nine employees and 23 unskilled labourers.
Lamosaic IPO – Details
| IPO Opening Date | 21 November 2024 |
| IPO Closing Date | 26 November 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 30,60,000 Shares Worth ₹61.20 Crore Fresh Issue: 30,60,000 Shares Worth ₹61.20 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹200 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Lamosaic IPO – Date Schedule
| IPO Open Date | 21 November 2024 |
| IPO Close Date | 26 November 2024 |
| Basis of Allotment | 27 November 2024 |
| Initiation of Refund | 28 November 2024 |
| Credit of Shares to Demat Account | 28 November 2024 |
| IPO Listing Date | 29 November 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 26, 2024 |
Lamosaic IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,20,000 |
| Retail (Max) | 1 | 600 | ₹1,20,000 |
| HNI (Min) | 2 | 1200 | ₹2,40,000 |
Competitive Strengths
- 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.
Company Promoters
- Mr. Vinod Juthala Visaria
- Mr. Jay Manilal Chheda
- Mr. Jitesh Khushalchand Mamaniya
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2022 | 10.03 | 9.35 | 0.50 |
| 31 March 2023 | 31.75 | 26.15 | 4.07 |
| 31 March 2024 | 55.65 | 44.62 | 8.22 |
| 30 September 2024 | 72.86 | 58.49 | 10.76 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 41.36% |
| ROCE | 39.95% |
| Debt/Equity | 0.57 |
| RoNW | 41.36% |
| P/BV | 5.59 |
| PAT Margin (%) | 14.77 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 11.31 | 20.82 |
| P/E (x) | 17.69 | 9.61 |
Object Of The Issue
- Repayment of certain Borrowings;
- To meet incremental working capital requirements;
- Pursuing Inorganic Growth; and
- General Corporate Purposes.
Lamosaic IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 70.40% |
Lamosaic IPO Prospectus
Company Contact Information
| 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/ |
Lamosaic IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: lamosaic.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Lamosaic IPO Lead Manager(s)
| 1. Inventure Merchant Banker Services Pvt Ltd |
Lamosaic IPO FAQs
| What is Lamosaic IPO? Lamosaic IPO is an SME IPO. The issue is priced at ₹200 per equity share. The IPO is to be listed on NSE SME. |
| When Lamosaic IPO will open? The IPO is to open on 21 November 2024 for NII and Retail Investors. |
| What is Lamosaic IPO Investors Portion? The investors’ portion for Retail – 50%, NII – 50%. |
| How to Apply the Lamosaic IPO? You can apply Lamosaic 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. |
| How to Apply the Lamosaic IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Lamosaic IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Lamosaic IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Lamosaic IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Lamosaic IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Lamosaic IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Lamosaic IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Lamosaic IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Lamosaic IPO Size? Lamosaic IPO size is ₹61.20 Crore. |
| What is Lamosaic IPO Price Band? Lamosaic IPO Price Band is ₹200. |
| What is Lamosaic IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 600 Shares with ₹1,20,000 amount while the maximum bid is 6000 Shares with ₹1,20,000. |
| What is the Lamosaic IPO Allotment Date? Lamosaic IPO allotment date is 27 November 2024. |
| What is the Lamosaic IPO Listing Date? Lamosaic IPO listing date is 29 November 2024. The IPO is to be listed on NSE SME. |
