Issue Price
₹200
Per Share
GMP
NIL
Grey Market
Est. Listing
₹200
Expected Price
Min. Application
₹240,000
2 lots × 600 shares
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 DoorsDecorative LaminatesAcrylic SheetsPrinting Paper (Base)PlywoodThe 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 StrengthStrong Network of Dealer, Distributors, Stockiest and Wholesalers.Experienced Management teamRedesign 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.
Lamosaic India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 153,000 | — | ₹3.06 Cr | — |
| TOTAL | 3,060,000 | 100.00% | ₹61.20 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹120,000 |
| Retail (Max) | 13 | 7,800 | ₹1,560,000 |
| sNII (Min) | 14 | 8,400 | ₹1,680,000 |
| bNII (Min) | 68 | 40,800 | ₹8,160,000 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 7286.98 | 5565.72 | 3175.85 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1076.24 | 822.94 | 407.14 |
| Net Worth | 2601.95 | 1525.71 | 1143.33 |
| Total Assets | 8151.84 | 5126.79 | 2905.61 |
| Reserves & Surplus | 1874.15 | 797.91 | N/A |
| Total Borrowings | N/A | N/A | N/A |