Lamosaic India IPO - AstroIPO

Lamosaic India IPO


November 14, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Lamosaic India Ltd., a company in the Plywood Boards and Laminates sector, is launching its IPO on the NSE SME platform through a fixed price issue at ₹200 per share.

The company plans to raise ₹61.20 crores through a fresh issue of 3,060,000 shares. The subscription period runs from November 21, 2024, to November 26, 2024.

The minimum application requires 600 shares, translating to an investment of ₹120,000. Each share carries a face value of ₹10. With a market capitalization of ₹206.76 crores, the company falls in the smallcap category.

Lamosaic India IPO Details

The key details of Lamosaic India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹61.20 Cr
Price Range ₹200
Retail Quota 50%
QIB Quota --
NII Quota 50%
Employee Discount --
Listing at NSE
Minimum Quantity 600
Investment (cut-off price) ₹120,000
Pre IPO Promotor Holding 100.00%
Post IPO Promotor Holding 70.40%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Lamosaic India IPO Timelines

The IPO process for Lamosaic India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

21/11/2024
Start Date
26/11/2024
End Date
27/11/2024
Allotment Date View Status
28/11/2024
Refund Initiation
28/11/2024
Credit of Shares to Demat Ac
29/11/2024
Listing Date

Lamosaic India IPO Lot Size

The Lamosaic India IPO has a fixed lot size of 600 shares, at a fixed price band of ₹200 per share, requiring ₹120,000 per lot for retail investors. For HNI investors, the minimum application is 1,200 shares (2 lots) amounting to ₹240,000.

Application Lot Size Shares Amount
Retail Minimum 1 600 ₹1,20,000
Retail Maximum 1 600 ₹1,20,000
S-HNI Minimum 2 1200 ₹2,40,000

Lamosaic India IPO Subscription Status

The subscription status for Lamosaic India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
-- 0.88x 2.66x -- 1.77x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹164 ₹172.20 ₹172.20 ₹164

Lamosaic India IPO Company Financials

Year Total Income Total Expense PAT
FY 2022 ₹10.01 ₹9.35 ₹0.51
FY 2023 ₹31.67 ₹26.15 ₹4.07
FY 2024 ₹55.65 ₹44.63 ₹8.22
FY 2025 (6 M) ₹72.82 ₹58.50 ₹10.76

About Company

Lamosaic India Limited, originally established as “Swastik Marketing” in 2020 as a partnership firm, transitioned to a public limited company in June 2023. The company specializes in trading and crafting decorative veneers, acrylic sheets, printing papers, and customized products, with a manufacturing unit capable of producing up to 3,500 pieces. With strong supplier networks and long-term customer relationships, Lamosaic has positioned itself as a reliable player in its industry.

In the past two years, Lamosaic India has seen significant growth, achieving a 55% revenue increase in FY 2024. The company’s RONW stands at 53.94%, and its ROCE is 42.25% for the same year, reflecting solid financial performance.

Incorporation Date Sector Managing Director
2023 Plywood Boards/Laminates Vinod Visaria

Know Before Investing

Lamosaic India IPO Strengths

  • Experienced promoters with 10+ years in the laminates and plywood industry.
  • Strong distribution network with 4 dealers across Maharashtra region.
  • In-house designers offering 200+ unique laminate designs.
  • A workshop facility in Mumbai enhances production and customisation capabilities.
  • Confirmed order book of ₹5,618.04 lakhs for FY 2025.
  • ISO 9001:2015 certification ensures high-quality product standards.

Lamosaic India IPO Risks

  • Limited operating history; potential growth volatility affecting investor confidence.
  • High product concentration: Laminates contribute 86% of revenue (FY 2024).
  • Geographically restricted to Maharashtra, regional risks impact sales stability.
  • Dependency on leased premises; lease termination could disrupt operations.
  • 94.81% of purchases rely on the top 10 suppliers (FY 2024).
  • High working capital needs; trade receivables reached ₹2,982.97 lakhs (FY 2024).

Swot Analysis for Lamosaic India IPO

Strengths

High-quality engineering services, Experienced management team, Diverse project portfolio

Weaknesses

Relatively new company, Limited brand recognition in market

Opportunities

Growing demand for engineering services, Potential geographical expansion

Threats

Intense competition, Economic fluctuations affecting project funding

Company Details

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/

IPO Registar Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: lamosaic.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

FAQs

The key objectives of Lamosaic India IPO are:

  • Repayment of certain Borrowings;
  • To meet incremental working capital requirements;
  • Pursuing Inorganic Growth; and
  • General Corporate Purposes

Inventure Merchant Banker Services Pvt Ltd is the book-running lead managers for the Lamosaic India IPO.

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