Lamosaic India Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Lamosaic India Ltd

  • 21 Nov 2024 to 26 Nov 2024
  • Issue Type: Fixed Price
  • DRHP
₹200

Offer Price

₹ 61.20 Cr

Issue Size

₹ 1,20,000

Min Investment

600

Lot size

Time Line

  • 21
    Nov 2024
    Open
  • 26
    Nov 2024
    Close
  • 27
    Nov 2024
    Finalisation of Basis of Allotment
  • 28
    Nov 2024
    Initiation of Refunds
  • 28
    Nov 2024
    Transfer of Shares to Demat Account
  • 29
    Nov 2024
    Listing Date

Objects of the Offer

  • Focus on Inhouse manufacturing.

  • To continue brand building and strengthening of the distributor network .

  • Sustainable and Strong Order Book.

  • To continue brand building and strengthening of the distributor network .

  • Widening our product basket.

Strengths

  • Experienced management team.

  • Distribution and Marketing Network.

  • In House Designers.

Risks

  • The Company has been recently incorporated thus it has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

  • The company intend to use a portion of the Net Proceeds to prepay / repay certain loan facilities.

  • The company propose to utilize a portion of its Net Proceeds towards pursuing inorganic growth opportunities by way of strategic acquisitions and/ or joint ventures.

  • The Company`s business operations geographically restricted to Maharashtra and any downturn and/ or any economic, regulatory, social and political change in any of the Indian states in which the company operates or seek to operates may affect its market share and/ or may adversely affect its business, financial condition and results of operations.

  • The company derives a significant portion of its revenue from the company single product i.e. Laminates. Therefore, factors that adversely affect the demand for such lamination or its position and reputation may adversely affect the company`s business and results of operations.

Company Promoters

Promoters Holding

Issue For IPO
29.60%
Pre Holding

100.00%

Post Holding

70.40%

Top Promoters Holding

Financials

All values in Cr

Mar-2024
Revenue 50.65 (-)
Gross Profit 10.72 (-)
Net Income 7.64 (-)
Assets 32.17 (-)
Liabilities 17.25 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Lamosaic India Ltd 50.65 7.64 32.17 17.25 41.36 0.00 20.50 2.41 0.54
Archidply Industries Ltd 435.67 7.10 326.71 326.71 6.36 3.57 56.14 2.17 1.31
Sylvan Plyboard (India) Ltd 223.26 6.09 217.58 217.58 6.33 4.27 67.38 2.80 0.57
Duroply Industries Ltd 323.42 1.01 259.72 259.72 0.79 1.25 128.16 0.38 0.32

Book Running Managers

  • Inventure Merchant Bankers Services Pvt Ltd

Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,
31&32 Financial Dist,
Nanakramguda - Hyderabad-500032
Phone : 91-40-67162222 Fax: 91-40-23001153/23420814

Company Contact Information

Shop # 32 3B 2B Prop 295,
Pisoli Road Kondhwa,
Pune - 411048
Phone : +91 87687 67777 Email : cs@lamosaic.in www.lamosaic.in

Offer Related Information

Initial public issue of 30,60,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Lamosaic India Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 200/- per equity share (including a share premium of Rs. 190/- per equity share) ("Issue Price") aggregating to Rs. 61.20 crores ("The Issue"), out of which 153,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 200/- per equity share, aggregating to Rs. 3.06 crores will be reserved for... More

Lamosaic India Ltd FAQ's

The shares of Lamosaic India Ltd were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Lamosaic India Ltd IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Lamosaic India Ltd public issue was 125 shares.

The price band of the IPO of Lamosaic India Ltd was Rs. 114 to Rs. 120 per equity share.

Lamosaic India Ltd IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Lamosaic India Ltd IPO.

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