The IPO for Lamosaic India is scheduled to open on November 21. The goal of Lamosaic India’s SME IPO is to raise 61.20 crores. There are 600 shares in the market lot for the Lamosaic India IPO, and the price range is set at ₹200. Established in 2020, Lamosaic India Public Limited began marketing and creating beautiful veneers, including acrylic sheets, printing papers, and other personalized goods. Up to 3,500 pieces can be produced by the manufacturing facility; so far, it has produced 750 flush doors, bringing in INR 43.12 lakhs in sales.
The IPO price range for Lamosaic India Services is ₹200 per share. 50% is the retail quota, 0% is the QIB, and 50% is the HNI. On November 29, 2024, Lamosaic India Services will go public on the NSE. November 27, 2024 is the date of Lamosaic India Services’ IPO allocation. In 2024, the company’s revenue was ₹55.65 crore, compared to ₹31.67 crore in 2023. In 2024, the company reported a profit of ₹8.22 crores, compared to ₹4.07 crores in 2023. Investors should apply for the IPO for a long time, according to the financials.
Lamosaic India IPO Details
| IPO Open Date | November 21, 2024 |
| IPO Close Date | November 26, 2024 |
| Listing Date | Friday, November 29, 2024 |
| Face Value | ₹10 per share |
| Price | ₹200 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 3,060,000 shares
(aggregating up to ₹61.20 Cr) |
| Fresh Issue | 3,060,000 shares (aggregating up to ₹61.20 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Lamosaic India Financials Analysis
The fiscal year that ended on March 31, 2024, saw a 75.25% growth in revenue and a 102.13% increase in profit after tax (PAT) for Lamosaic India Limited.
| FY 2024 | |
| Assets | 8,151.84 |
| Revenue | 7,286.98 |
| Profit After Tax | 1,076.24 |
| Net Worth | 2,601.95 |
| ROE | 41.36% |
| ROCE | 39.95% |
| Debt/Equity | 0.57 |
| RoNW | 41.36% |
| P/BV | 5.59 |
| PAT Margin (%) | 14.77 |
About the Company – Lamosaic India
Lamosaic India trades flush doors, decorative laminates, acrylic sheets, printing paper (base), plywood, and other products. The company primarily provides items to the real estate and infrastructure industries for commercial and residential use, as well as the construction, interior design, furniture, and plywood industries. Over time, the company expanded into manufacturing activities, opening a 650-square-foot workshop in Chembur, Mumbai. Customers place orders for laminated and ornamental laminated flush doors, which the company makes and supplies.
