Lamosaic India Ltd

Lamosaic India Ltd IPO

IPO Price Range: ₹200 - 200

In January 2020, our promoters (erstwhile partners) started a trading business under the name and style of Swastik Marketing. Under this firm, the products such as flush doors, decorative laminates, acrylic sheets, printing paper (base), plywood, etc were sold under the brand name of Swastik. We sell our products to primarily real estate and infrastructure industry for commercial and residential usage, Construction Industry, Interior Decor, Furniture, Plywood Industry etc.

Min Investment

₹1,20,000

IPO Size

₹61 Cr

IPO Status

Live

Quantity in 1 Lot

600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Lamosaic India Ltd

Open Date21 Nov 2024
Close Date26 Nov 2024
Allotment Date27 Nov 2024
Listing Date29 Nov 2024

Key Statistics

Bid Opening DateBid Opening Date21 Nov 2024
Bid Closing DateBid Closing Date26 Nov 2024
Allotment DateAllotment Date27 Nov 2024
Issue SizeIssue Size₹61.2Cr
Quantity in 1 lotQuantity in 1 lot600

Strength and risks

Strength

Strength

  • Experienced management team.

  • Distribution and Marketing Network.

  • In House Designers.


Risk

Risk

  • The Company has been recently incorporated thus it has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

  • The company intend to use a portion of the Net Proceeds to prepay / repay certain loan facilities.

  • The company propose to utilize a portion of its Net Proceeds towards pursuing inorganic growth opportunities by way of strategic acquisitions and/ or joint ventures.

  • The Companys business operations geographically restricted to Maharashtra and any downturn and/ or any economic, regulatory, social and political change in any of the Indian states in which the company operates or seek to operates may affect its market share and/ or may adversely affect its business, financial condition and results of operations.

  • The company derives a significant portion of its revenue from the company single product i.e. Laminates. Therefore, factors that adversely affect the demand for such lamination or its position and reputation may adversely affect the companys business and results of operations.

  • The company does not own the premises in which its registered office, corporate office, godown and workshop premise are located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect its operations.

  • The company does not own the trademarks and logo used in its business; its may be unable to sufficiently protect, or continue the company intellectual property and other proprietary rights.

  • The company is dependent upon few suppliers for the material requirements of its business. Further, the company does not have definitive agreements or fixed terms of trade with most of its suppliers. Failures to successfully leverage the company relationships with existing suppliers or to identify new suppliers could adversely affect its business operations.

  • If the company is unable to attract new clients or its existing clients does not renew their contract or default in payments, the growth of its business and cash flows will be adversely affected.

  • The company operations are significantly dependent on the timely procurement of raw materials and any delay in such procurement or procurement on commercially unviable terms may adversely affect its business and results of operations.

Promoters Holding

Investors Holdings %
Vinod Juthala Visaria72%
Jay Manilal Chheda23%
Jitesh Khushalchand Mamaniya1%
Leela Manilal Chheda1%
Laxmi Vinod Visaria1%

About Lamosaic India Ltd

OrganisationLamosaic India Ltd
HeadquartersPune
IndustryMiscellaneous

Frequently Asked Questions

  • What is the size of the Lamosaic India Ltd IPO?

    The size of the Lamosaic India Ltd IPO is ₹61.2Cr .

  • What is 'pre-apply' for Lamosaic India Ltd IPO?

    'Pre-apply' for Lamosaic India Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Lamosaic India Ltd IPO order be placed?

    Your Lamosaic India Ltd IPO order will be placed on 21 Nov 2024.

  • What are the open and close dates of the Lamosaic India Ltd IPO?

    The open and close dates of the Lamosaic India Ltd IPO are 21 Nov 2024 to 26 Nov 2024.

  • What is the lot size and minimum order quantity of the Lamosaic India Ltd IPO?

    The lot size and minimum order quantity of the Lamosaic India Ltd IPO are 600 and 600 respectively.

  • What would be the listing gains on the Lamosaic India Ltd IPO?

    The potential listing gains on the Lamosaic India Ltd IPO will depend on various market factors and cannot be predicted with certainty.