Lamosaic India Limited (NSE SME)
Nov 21, 2024 - Nov 26, 2024
| Price | ₹200 - ₹200 |
| Premium | ₹0 |
|---|---|
| Lot size | 600 |
| Allotment | Nov 27, 2024 |
| Listing | Nov 29, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 600 | 120000 | 2423 |
| HNI | 2 | 1200 | 240000 | 2423 |
Last updated on 22-Nov-2024 16:56:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1453500 | 1039200 | 0.71 |
| RETAIL | 1453500 | 822000 | 0.57 |
| Total | 2907000 | 1861200 | 0.64 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| NIB | 77 |
| RETAIL | 1370 |
| Total | 1447 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| NIB | 29.07 | 20.78 | 0.71 |
| RETAIL | 29.07 | 16.44 | 0.57 |
| Total | 58.14 | 37.22 | 0.64 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.14 | @8% ₹0.16 | @9% ₹0.18 | @10% ₹0.2 | @11% ₹0.22 | @12% ₹0.24 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.19 | @8% ₹0.22 | @9% ₹0.25 | @10% ₹0.27 | @11% ₹0.3 | @12% ₹0.33 |
IPO Reservation
| Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 1453500 |
| Other | 47.5% | 1453500 |
| Market Maker | 5.00% | 153000 |
| Total No. of Shares | 100.0% | 3060000 |
Lamosaic India IPO Details
| 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 |
| Share holding pre issue | 7,278,008 |
| Share holding post issue | 10,338,008 |
| Market Maker portion | 153,000 shares |
| Market Maker | Svcm Securities |
Key Performance Indicator
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 41.36% | 53.94% | 35.61% |
| ROCE | 39.95% | 42.25% | 32.97% |
| RONW | 41.36% | 53.94% | 35.61% |
| D/E | 0.57 | 1.13 | 0.79 |
| EPS (basic) | 14.79 | 11.31 | 5.59 |
| P/E Pre IPO | 17.69 | ||
| P/E Post IPO | 9.61 |
Company Financials
Lamosaic India Limited Financial Information (Restated) In Lakhs.
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 | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 8,151 | 5,126 | 2,905 | 581 |
| Revenue | 7,286 | 5,565 | 3,175 | 1,003 |
| Profit | 1,076 | 822 | 407 | 50 |
| Net Worth | 2,601 | 1,525 | 1,143 | 295 |
| Reserves | 1,874 | 797 | ||
| Amount in ₹ Lakhs | ||||
About Company
Lamosaic India Limited, founded in January 2020, is a growing player in the trading and manufacturing of various building materials, including flush doors, decorative laminates, acrylic sheets, printing paper (base), and plywood. Operating under the "Lamosaic" brand, the company initially focused on trading but expanded into manufacturing in September 2023 with the establishment of a workshop in Chembur, Mumbai, covering approximately 650 sq. ft. Lamosaic specializes in providing customized solutions tailored to client specifications, such as bespoke designs for laminates and acrylic sheets, and manufactures laminated and decorative flush doors on a made-to-order basis. Primarily serving Maharashtra, the company has established a distribution network that includes direct market sales and a franchise outlet located in Mumbai. As of September 30, 2024, Lamosaic employs nine full-time staff and 23 unskilled laborers, supporting its diverse operational needs in both trading and manufacturing.
Inventure Merchant Banker Services Pvt Ltd
Robust Distribution Network: Lamosaic India Limited benefits from a strong network of dealers, distributors, stockists, and wholesalers, ensuring wide market reach and accessibility.
Experienced Leadership: The company is guided by an experienced management team, providing strategic direction and industry insight for growth.
Customized, Market-Specific Designs: With in-house designers, Lamosaic adapts and redesigns products to meet the specific needs and preferences of the Indian market, enhancing appeal and customer satisfaction.
Limited Operating History: Being a recently incorporated company, Lamosaic India Limited has a limited track record, which may make it challenging for investors to assess its historical performance or future prospects.
Debt Obligations: The company plans to use part of its net proceeds to prepay or repay certain loans, indicating existing financial liabilities that could impact cash flow and financial flexibility.
Inorganic Growth Risks: Pursuing strategic acquisitions or joint ventures for growth carries inherent risks, including integration challenges and potential misalignment with the company’s current business model.
Lamosaic India Limited SME IPO : Company as per RHP did not paid Income Tax of 3 Crore Due to Insufficient Liquidity
Phone: 04067162222, 04079611000
Email: lamosaic.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/