
Consumer Discretionary · NSE
Lamosaic India Limited, established in January 2020, is involved in trading and manufacturing building materials like flush doors, decorative laminates, acrylic sheets, base printing paper, and plywood under the “Lamosaic” brand. The company moved beyond trading in September 2023 by setting up a small manufacturing workshop in Chembur, Mumbai, where it produces customized designs and made-to-order decorative doors, laminates, and acrylic sheets based on client needs. It mainly caters to the Maharashtra market through direct sales channels and a franchise outlet in Mumbai, and as of September 30, 2024, the company has a workforce of nine full-time employees and 23 unskilled laborers.
Price Band
₹200
Issue Size
₹61.20 Cr
Lot Size
600 shares
GMP
Est. Listing
₹200
at current GMP
Subscribed
1.82x
overall
Open
21 Nov 2024
Close
26 Nov 2024
Allotment
27 Nov 2024
Refund
28 Nov 2024
Demat Credit
29 Nov 2024
Listing
29 Nov 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
27 Nov 2024
Basis finalization
Refunds Initiate
28 Nov 2024
Mandate release
Demat Credit
29 Nov 2024
Shares in demat
Listing Debut
29 Nov 2024
Trading begins
Lamosaic India Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹61.2 Crores. The shares are offered at a price band of ₹200 to ₹200 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-11-26, the basis of allotment is scheduled to be finalized on 2024-11-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.