Key Highlights
- Revenue Growth: Significant growth in revenue from ₹1,001.31 Lakhs in FY 2022 to ₹5,564.53 Lakhs as of FY 2024.
- Profitability: PAT has steadily increased, showcasing a robust financial trajectory.
- Net Worth: Significant rise in net worth demonstrates improved financial stability and investor confidence.
- EPS Growth: An impressive increase in EPS from ₹0.70 in FY 2022 to ₹14.79 as of September 2024 indicates better returns for shareholders.
About Lamosaic India Limited
Lamosaic India Limited specializes in manufacturing high-quality tiles and ceramic products. With a strong presence in the domestic market, the company has a reputation for innovative designs and durable products, catering to residential and commercial customers. The proceeds from the IPO will be utilized to expand its production facilities, strengthen distribution channels, and reduce debt, positioning the company for sustainable growth.
IPO Details
| Attribute | Details |
|---|---|
| IPO Start Date | November 21, 2024 |
| IPO End Date | November 26, 2024 |
| Issue Price | ₹200 per equity share |
| Face Value | ₹10 per equity share |
| Lot Size | 600 equity shares |
| Minimum Order Quantity | 600 equity shares |
| Total Issue Size | 30,60,000 equity shares |
| Market Maker Portion | 1,53,000 equity shares |
| Maximum Subscription (Retail) | ₹2,00,000 |
| IPO Market Timings | 10:00 a.m. to 5:00 p.m. |
| Issue Type | Fixed Price |
GMP Price (Grey Market Premium)
Lamosaic India Limited IPO GMP is ₹0 as of today.
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Book Running Lead Managers
- Inventure Merchant Banking Services Private Limited
Sponsor Bank
- HDFC Bank Limited
Registrar to the Issue
- Registrar: KFin Technologies Limited
Address: Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad-500032, Telangana, India
Contact: M. Murali Krishna
Phone: +91 40 6716 2222
Email: [email protected]
Promoters
| Promoter Name | Initial Equity Shareholding |
|---|---|
| Mr. Vinod Juthala Visaria | 5,240,166 |
| Mr. Jay Manilal Chheda | 1,673,942 |
| Mr. Jitesh Khushalchand Mamaniya | 72,780 |
| Mrs. Laxmi Vinod Visaria | 72,780 |
| Mrs. Jyoti Jitesh Mamaniya | 72,780 |
| Ms. Mamta Vinod Visaria | 72,780 |
Financial Summary
| Particulars | As at Sept 30, 2024 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Revenue from Operations | ₹5,564.53 Lakhs | ₹5,564.53 Lakhs | ₹3,167.28 Lakhs | ₹1,001.31 Lakhs |
| Net Profit | ₹1,076.24 Lakhs | ₹822.94 Lakhs | ₹407.14 Lakhs | ₹50.89 Lakhs |
| Total Assets | ₹4,561.68 Lakhs | ₹4,561.68 Lakhs | ₹2,068.45 Lakhs | ₹1,149.73 Lakhs |
| Equity Share Capital | ₹727.80 Lakhs | ₹727.80 Lakhs | ₹727.80 Lakhs | ₹727.80 Lakhs |
| Net Worth | ₹2,601.95 Lakhs | ₹1,525.71 Lakhs | ₹1,143.33 Lakhs | ₹295.99 Lakhs |
| Earnings Per Share (EPS) | ₹14.79 | ₹11.31 | ₹5.59 | ₹0.70 |
Important Dates
| Event | Date |
|---|---|
| Offer Start | November 21, 2024 |
| Offer End | November 26, 2024 |
| Allotment | To be announced |
| Refund Initiation | To be announced |
| Demat Transfer | To be announced |
| Listing | To be announced |
FAQs
1. What is the Lamosaic IPO GMP?
The GMP (Grey Market Premium) will be updated closer to the listing date, reflecting investor sentiment.
2. When is the Lamosaic IPO Listing Date?
The expected listing date will be announced after allotment.
3. What is the Issue Price of Lamosaic IPO?
The issue price is ₹200 per equity share.
4. What is the Purpose of Lamosaic IPO?
The IPO aims to fund capacity expansion, strengthen distribution networks, and reduce debt.
5. What is the Minimum Lot Size for Retail Investors?
The minimum lot size is 600 equity shares.
For more updates on IPO and other financial insights, visit moneyphobia.in.
