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Lamosaic India Limited IPO

Lamosaic India Limited IPO

IPO Date :
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Allotment Date :
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Listed Price: ₹ 164.00 (-18.00%)

The Initial Public Offering of Lamosaic India Limited's culminated in its successful listing on 29-11-2024 at the NSE trading platform. The company secured 30,60,000 Shares through this capital market exercise, with 30,60,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹200 to ₹200, with minimum investment requirements of 600 shares. The subscription period from 21-11-2024 to 26-11-2024 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 27-11-2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Lamosaic India IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Lamosaic India IPO Key Performance Indicator
Company Financials ( In Lakhs. )

Lamosaic India IPO About Company

Lamosaic India Limited, established in January 2020, is involved in trading and manufacturing building materials like flush doors, decorative laminates, acrylic sheets, base printing paper, and plywood under the “Lamosaic” brand. The company moved beyond trading in September 2023 by setting up a small manufacturing workshop in Chembur, Mumbai, where it produces customized designs and made-to-order decorative doors, laminates, and acrylic sheets based on client needs. It mainly caters to the Maharashtra market through direct sales channels and a franchise outlet in Mumbai, and as of September 30, 2024, the company has a workforce of nine full-time employees and 23 unskilled laborers.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Lamosaic India IPO Strength Factors

  1. Robust Distribution Network: Lamosaic India Limited has a strong network of dealers, distributors, stockists, and wholesalers, enabling wide market reach and better product availability.
  2. Experienced Leadership: Backed by an experienced management team, the company benefits from strategic direction, operational guidance, and market understanding.
  3. Customized Product Designs: With in-house designers, the company can tailor and redesign products to suit Indian market preferences, enhancing customer appeal and product acceptance.

Lamosaic India IPO Risk Factors

  1. Limited Operating History: As a recently incorporated company, Lamosaic India Limited has a short performance record, making it difficult for investors to evaluate long-term financial stability and business prospects.
  2. Existing Debt Obligations: The company intends to use a portion of IPO proceeds for loan repayment, indicating current debt levels that may affect liquidity and financial flexibility.
  3. Inorganic Growth Challenges: Plans to expand through acquisitions or joint ventures involve integration risks, execution challenges, and potential misalignment with the existing business strategy, which could impact future performance.

Lamosaic India IPO Lead Manager(s)

  • Inventure Merchant Banker Services Private Limited

Lamosaic India IPO Promoter(s)

  1. Mr. Vinod Juthala Visaria
  2. Mr. Jay Manilal Chheda
  3. Mr. Jitesh Khushalchand Mamaniya

Lamosaic India IPO Company Details

Lamosaic India Limited
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Lamosaic India IPO Registrar

Kfin Technologies Limited
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Lamosaic India IPO FAQs