IPO Price Range: ₹200 - 200
Min Investment
₹1,20,000
IPO Size
₹61 Cr
IPO Status
Live
Quantity in 1 Lot
600
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 21 Nov 2024 |
Bid Closing Date | 26 Nov 2024 |
Allotment Date | 27 Nov 2024 |
Issue Size | ₹61.2Cr |
Quantity in 1 lot | 600 |
Experienced management team.
Distribution and Marketing Network.
In House Designers.
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.
Investors | Holdings % |
Vinod Juthala Visaria | 72% |
Jay Manilal Chheda | 23% |
Jitesh Khushalchand Mamaniya | 1% |
Leela Manilal Chheda | 1% |
Laxmi Vinod Visaria | 1% |
Organisation | Lamosaic India Ltd |
Headquarters | Pune |
Industry | Miscellaneous |