Lamosaic India Public Limited was founded in 2020 and started the business of trading, and Crafting decorative veneers such as acrylic sheets, printing papers, and other customized products as well. The manufacturing unit can produce up to 3,500 pieces, and it has currently made 750 flush doors, which have generated sales of INR 43.12 lakhs. Furthermore, it has had a substantial revenue increase within the last two years 55% of FY 2024. Additionally, the RONW(Return on Net Worth) ratio is 53.94% in FY2024, while ROCE( Return on Capital Employed) is 42.25% in the current year 2024. This company is going to launch an IPO in November to raise funds for 30,60,000 shares.
Lamosaic India Services IPO open date is November 21, 2024 and the IPO will close on November 26, 2024. Lamosaic India Services IPO is a Fixed Price Issue. Lamosaic India Services IPO price band is ₹200 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Lamosaic India Services IPO to list on NSE on November 29, 2024. 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. As per the financials the IPO investors should apply the IPO for a long term.
Lamosaic India Services IPO 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% |
Lamosaic India Services IPO Dates
The Lamosaic India Services IPO date is November 21 and the close date is November 26. The Lamosaic India Services IPO allotment will be finalized on November 27 and the IPO listing 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 Services IPO Market Lot
The Lamosaic India Services IPO minimum market lot is 600 shares with ₹1,20,000 application amount.
| 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 Limited Financial Information
Lamosaic India Limited’s revenue increased by 75.25% and profit after tax (PAT) rose by 102.13% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 8,151.84 | 5,126.79 | 2,905.61 | 581.13 |
| Revenue | 7,286.98 | 5,565.72 | 3,175.85 | 1,003.45 |
| Profit After Tax | 1,076.24 | 822.94 | 407.14 | 50.89 |
| Net Worth | 2,601.95 | 1,525.71 | 1,143.33 | 295.99 |
| Reserves and Surplus | 1,874.15 | 797.91 |
