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Lamosaic India IPO
Price Band
₹
Issue Size
₹61.2 Cr
Lot Size
600 shares
Min Investment
₹120,000
GMP
—
Issue Price
₹200.0
Lamosaic India IPO AI Summary
- Lamosaic India IPO is listed on NSE SME in the Plywood Boards/ Laminates sector.
- Subscription window: 21 Nov–26 Nov 2024, listing on 29 Nov 2024.
Lamosaic India Limited is an emerging player in the plywood and laminates sector, with a focus on customized products and a growing manufacturing capability. The company's financial performance shows positive trends in revenue and profitability, making it a noteworthy consideration for potential investors.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Lamosaic India IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 26 Nov 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Lamosaic India IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Founded in January 2020, Lamosaic India Limited trades various products, including flush doors, decorative laminates, acrylic sheets, printing paper (base), and plywood. In September 2023, the company expanded its operations into manufacturing by setting up a workshop in Chembur, Mumbai, covering an area of approximately 650 sq. ft. The range of products sold under the brand name "Lamosaic" is summarized as under: Flush Doors Decorative Laminates Acrylic Sheets Printing Paper (Base) Plywood The company offers customized solutions for its customers, including the design of laminates and acrylic sheets. Additionally, the company manufactures and supplies laminated and decorative flush doors based on customer orders. The company's business operations, including trading and manufacturing, are currently conducted within Maharashtra. In addition to selling products directly in the market, the company also distribute through a franchise located in Mumbai, Maharashtra. Competitive Strength Strong Network of Dealer, Distributors, Stockiest and Wholesalers. Experienced Management team Redesign products that are suitable for the Indian market with the assistance of in-house designers. As of September 30 2024, the company has nine employees and 23 unskilled labourers.
Company Financials (₹ Cr)
As of 2024-09-30
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 81.52 | 51.27 | 29.06 | 5.81 |
| Total Income | 72.87 | 55.66 | 31.76 | 10.03 |
| Profit After Tax | 10.76 | 8.23 | 4.07 | 0.51 |
| NET Worth | 26.02 | 15.26 | 11.43 | 2.96 |
| Reserves and Surplus | 18.74 | 7.98 |
Key Ratios
EPS
₹11.31
NAV
₹35.75
ROE
41.36%
ROCE
39.95%
RoNW
41.36%
P/B Value
5.59
P/E Ratio
17.69
Market Cap
₹206.76 Cr
PAT Margin
14.77%
Debt/Equity
0.57
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Duroply Industries Ltd | 223.2 | 0.8% | 128.2 | 1.25 | 1.25 |
| Sylvan Plyboard (india) Limited | 49.64 | 6.34% | 20.79 | 4.27 | 4.27 |
| Archidply Industries Ltd. | 56.14 | 6.36% | 33.8 | 3.57 | 3.57 |
| Lamosaic India Limited This IPO | 35.75 | 41.36% | 13.52 | 14.79 | 14.79 |
Promoters
Vinod Juthala Visaria, Jay Manilal Chheda and Jitesh Khushalchand Mamaniya
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment of certain borrowings 4.46 2 To Meet Incremental Working Capital Requirements 35.00 3 Pursuing Inorganic Growth 6.00 4 General Corporate Purposes 14.00 Total 59.46
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹31.76 Cr in the year ending 31 Mar 2023, increasing to ₹55.66 Cr by 31 Mar 2024, and further rising to ₹72.87 Cr by 30 Sep 2024. This shows a consistent upward trend in revenue over the reported periods.
Profit Trend
Profit After Tax was ₹4.07 Cr in the year ending 31 Mar 2023, rising to ₹8.23 Cr by 31 Mar 2024, and further increasing to ₹10.76 Cr by 30 Sep 2024. This indicates a positive growth in profitability across the periods.
Valuation
At the issue price of ₹200.0, Lamosaic India has an implied P/E ratio of 13.52 based on its earnings, compared to peers trading at P/E ratios ranging from 20.79 to 128.2.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares prior to their official listing on the stock exchange. Grey market premium (GMP) indicates the expected premium at which shares might list compared to their issue price. It can provide insights into market sentiment but is not a guarantee of actual listing performance.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors with a low risk appetite or those seeking immediate returns may want to avoid this IPO, as it may involve uncertainties associated with new market entrants.
IPO Timeline, Explained
The IPO opens on 21 Nov 2024 and closes on 26 Nov 2024. Allotment of shares will be done on 27 Nov 2024, with the listing date set for 29 Nov 2024.
Listing Gains — The Risk
Listing-day gains can be unpredictable and depend on various factors, including market conditions and investor sentiment. While some IPOs may experience significant gains on their first day of trading, others may not perform as expected. Investors should be prepared for the possibility of volatility.
This evaluation is generated from Lamosaic India's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
When does Lamosaic India IPO open and close?
Lamosaic India IPO opens on 21 November 2024 and closes on 26 November 2024.
When does Lamosaic India IPO list on the stock exchange?
Lamosaic India IPO listed on 29 November 2024 at ₹200.0.
What is the lot size for Lamosaic India IPO?
The lot size for Lamosaic India IPO is 600 shares, requiring a minimum investment of ₹120,000.
What is the lot size for the Lamosaic India IPO?
The lot size for the Lamosaic India IPO is 600 shares.
What is the minimum investment required for this IPO?
The minimum investment required is ₹120,000.
What is the issue price of the Lamosaic India IPO?
The issue price is ₹200.0 per share.
When does the Lamosaic India IPO open and close?
The IPO opens on 21 Nov 2024 and closes on 26 Nov 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which shares might list compared to their issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
21 Nov 2024
Close
26 Nov 2024
Allotment
27 Nov 2024
Listing
29 Nov 2024
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