Lamosaic India Limited is an Indian company, likely involved in the manufacturing or distribution of mosaic tiles or related building materials. The company’s name suggests a focus on decorative materials like mosaic tiles, which are commonly used for flooring, wall decoration, and other interior design purposes.
Key Points:
- Industry: Building Materials, Tiles
- Products: Likely specializes in mosaic tiles, ceramic tiles, and related products used in construction and interior design.
- Sector: Construction, Interior Design, Flooring Solutions
- Business Focus: Providing decorative and functional building materials, possibly for residential, commercial, and industrial applications.
For more specific details regarding their products, services, or financial information, it’s best to check the official website or corporate filings.
Lamosaic India IPO Details
| IPO Date | November 21, 2024 to November 26, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹200 per share |
| Lot Size | 600 Shares |
| Total 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 |
Lamosaic India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Lamosaic India IPO Timeline (Tentative Schedule)
Lamosaic India IPO opens on November 21, 2024, and closes on November 26, 2024.
| IPO Open Date | Thursday, November 21, 2024 |
| IPO Close Date | Tuesday, November 26, 2024 |
| Basis of Allotment | Wednesday, November 27, 2024 |
| Initiation of Refunds | Thursday, November 28, 2024 |
| Credit of Shares to Demat | Thursday, November 28, 2024 |
| Listing Date | Friday, November 29, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 26, 2024 |
Lamosaic India IPO Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹120,000 |
| Retail (Max) | 1 | 600 | ₹120,000 |
| HNI (Min) | 2 | 1,200 | ₹240,000 |
Lamosaic India IPO Promoter Holding
The Promoters of the Company are Mr. Vinod Juthala Visaria, Mr. Jay Manilal Chheda and Mr. Jitesh Khushalchand Mamaniya.
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 70.40% |
Lamosaic India Limited Financial Information (Restated)
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 | ||
| Amount in ₹ Lakhs | ||||
Key Performance Indicator
The market capitalization of Lamosaic India IPO is Rs 206.76 Cr.
KPI as of September 30, 2024.
| KPI | Values |
|---|---|
| ROE | 41.36% |
| ROCE | 39.95% |
| Debt/Equity | 0.57 |
| RoNW | 41.36% |
| P/BV | 5.59 |
| PAT Margin (%) | 14.77 |