Ravi Stocks1. Lamosaic India Ltd IPO Overview
The Lamosaic India Ltd IPO open for subscription on November 21, 2024, and will close on November 26, 2024. The final allotment of shares will be confirmed on November, 28, 2024.The share’s to be listed on Exchange November 29, 2024, and listing Exchange on NSE SME.
The Lamosaic India Ltd IPO price band is fixed has been set at ₹200 per equity share.
The total issue size of the Lamosaic India Ltd IPO is approximately ₹61.20 crores. This comprises 3,060,000 equity shares offered to the public.
The Gray Market Premium (GMP) of Lamosaic India Ltd IPO is currently hovering around ₹0. This GMP shows high market sentiment, which indicates that the demand for IPO is quite high in the market. Due to this strong sentiment, good gain listings are expected.
2. Lamosaic India Ltd IPO Timeline
The Lamosaic India Ltd IPO is expected to open soon, with the following key dates:
- IPO Opening Date -: “The IPO is set to open on Thursday, November 21, 2024.”
- IPO Closing Date -: “The IPO will close on Tuesday, November 26, 2024.”
- Finalization of Allotment -: The IPO allotment status will be declared on Wednesday, November 27, 2024.
- Initiation of Refunds -: The refund amount will be credited to your bank account on Thursday, November 28, 2024.
- Credit of Shares to Demat Account -: The shares will be credited to your Demat account on Thursday, November 28, 2024.
- Listing Date -: The IPO will be listed on the stock exchanges on Friday, November 29, 2024, on NSE SME.
3. IPO Size (IPO Price, Lot Size, and Issue Size)
- Price Band -: The IPO price band is fixed ₹200 per share.
- Lot Size -: The IPO lot size has been set at 600 shares per lot.
- Issue Size -: The IPO issue size is estimated to be around ₹61.20crore.
- Fresh Issue -: The IPO fresh issue size is ₹61.20 crore.
- Minimum Order Quantity -: Retail Investors can apply for a minimum of 1 lot.
- Maximum Order Quantity -: Retail Investors can apply for a maximum of 1 lots.
The lot size and price band will be crucial for retail investors looking to participate. Keep a close eye on these details once the IPO opens for subscription.
4. IPO GMP (Grey Market Premium) and Market Sentiment
As of November 22, 2024, the Grey Market Premium (GMP) for the Lamosaic India Ltd IPO is ₹0. This suggests that the expected listing price could be around ₹200 per share (₹200 IPO price + ₹0 GMP), indicating a potential gain of 00.0% on listing. The GMP is an indicator of the market sentiment and investor demand for the IPO.
5. About Lamasiac India Ltd
Founded in 2020, Lamasiac has quickly become a trusted name in the plywood and lamination industry. Known for its high-quality decorative laminates, acrylic sheets, printing paper, and customized laminated products, the company continues to set new standards in innovation and customer satisfaction. In September 2023, the company expanded its operations into the manufacturing of flush doors and other customized laminated products, offering a complete end-to-end solution – from designing to manufacturing to delivery.
Why Choose Lamasiac?
- One-Stop Solution: We offer complete customized solutions, including designing, manufacturing, and supplying laminated products and flush doors.
- Innovative Designs: Our in-house design team stays ahead of market trends to create modern, high-demand designs that suit every taste.
- Quality Assurance: Every product is crafted with precision and meets the highest standards of durability and elegance.
Our Presence
Lamasiac operates from Maharashtra, with a strong network of distributors and dealers ensuring wide product reach. Additionally, we have an exclusive franchisee in Mumbai to cater to our growing customer base.
Our Products
Lamasiac takes pride in its diverse product portfolio, which includes:
- Decorative Laminates
- Acrylic Sheets
- Printing Paper (Base)
- Flush Doors
- Customized Laminated Products
Our Mission
At Lamasiac, our mission is to deliver innovative and reliable plywood and laminate solutions that add value to our customers’ spaces. With a strong focus on quality and design, we aim to become the top choice in the lamination and plywood industry in India.
6. Lamosaic India Ltd Company Financial Information
Below is a snapshot of the company’s financial performance, highlighting key financial metrics over the past few years:
| Particulars | FY 2024 | FY 2023 | FY 2022 |
| Revenue (₹ Lakhs) | 5,565.72 | 3,175.85 | 1,003.45 |
| Profit After Tax (PAT) | 822.94 | 407.14 | 50.89 |
| Assets | 5,126.79 | 2,905.61 | 581.13 |
| Net Worth | 1,525.71 | 1,143.33 | 295.99 |
| Reserves and Surplus | 797.91 | __ | __ |
| Total Borrowing | __ | __ | __ |
| Amount in ₹ Lakhs | |||
7. Lamosaic India Ltd IPO Prospectus
For more detailed information, investors can access the official Lamosaic India Ltd IPO prospectus. The document will include information about the company’s financial health, risk factors, management, and other essential details that investors need to know before participating in the IPO.
8. Lamosaic India Ltd IPO Registrar
The registrar for the Lamosaic India Ltd IPO is Kfin Technologies Limited. The registrar is responsible for managing the application process, including allotment and refunds. Investors can reach out to the registrar for any queries regarding the status of their application.
9. How to Apply for the Lamosaic India Ltd IPO
Investors can apply for the Lamosaic India Ltd IPO through:
- Online IPO Application: Via net banking using the ASBA (Application Supported by Blocked Amount) facility.
- UPI Method: Apply through UPI-supported platforms like Zerodha, Groww, Upstox, Angel One or Paytm Money.
- Brokers: Approach stockbrokers offering IPO application services.
- Bank Branches: Submit an offline IPO application form at your bank.
Make sure to complete the application process within the IPO window to ensure your bid is accepted.
IPO FAQs
1. What is the price band for the Lamosaic India Ltd IPO?
The price band for the IPO is fixed price ₹200 per share.
2. How can I apply for the IPO?
Investors can apply through the ASBA (Application Supported by Blocked Amount) facility via their bank accounts or through online brokerage platforms.
3. What is the minimum lot size for this IPO?
The minimum lot size is expected to be 600 shares.
4. When will the shares be listed?
The shares of Lamosaic India Ltd are expected to be listed on the NSE SME on Friday November 29, 2024.
Disclaimer:
Before making any investment, it is important to carefully assess your risk tolerance and conduct thorough research. Investing in IPOs involves inherent risks, and market conditions can change rapidly. Please ensure you fully understand the potential risks and returns, and consider consulting with a financial advisor before proceeding with any investment decision.
