Lamosaic India IPO
smelistedAbout the company
Lamosaic India was founded in January 2020 by a group of promoters, originally operating under the name Swastik Marketing. The company began as a trading business, offering a diverse range of high-quality products including flush doors, decorative laminates, acrylic sheets, printing paper (base), and plywood. These products were primarily sold to the real estate, infrastructure, construction, and interior décor industries, catering to both commercial and residential needs. Over the years, the business gained a strong foothold in the market, known for its reliability and excellent product offerings under the brand name "Swastik." In June 2023, to further expand and formalize its operations, Swastik Marketing was converted into a public limited company and rebranded as Lamosaic India Limited. This transition marked a significant milestone in the company’s growth trajectory, enabling it to pursue its vision of scaling operations and diversifying into manufacturing. Since September 2023, Lamosaic has expanded its activities to include the manufacturing of customized products such as laminated flush doors and decorative laminates, with a production workshop established in Chembur, Mumbai, spanning approximately 650 square feet. Today, Lamosaic India Limited continues to operate primarily within Maharashtra, where it markets its products both directly and through a franchisee in Mumbai. The company offers a comprehensive range of products under the Lamosaic brand, which includes flush doors, decorative laminates, acrylic sheets, printing paper, and plywood. Additionally, Lamosaic provides tailored solutions to meet the specific needs of its customers, including bespoke designs for laminates and acrylic sheets. With its strong manufacturing capabilities and commitment to quality, Lamosaic India Limited is poised for continued growth and success in the competitive building materials and interior décor sectors.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed21 Nov 2024Bidding starts for all investor categories
IPO Closes
Completed26 Nov 2024Last day to place your bid
Basis of Allotment
Completed27 Nov 2024Share allotment finalised
Refund Initiation
Completed28 Nov 2024Refunds credited for non-allottees
Credit to Demat
Completed28 Nov 2024Allotted shares credited to demat account
Listing on Exchange
Completed29 Nov 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 600 | ₹120,000 | 1 | ₹120,000 | 1 lot only |
| HNI | 2 | 1200 | ₹240,000 | 2 | ₹240,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,525,000 | 30.5 | 0 | 0.00x | 100% |
| NII | 15% | 457,500 | 9.15 | 0 | 0.00x | 100% |
| Retail | 35% | 1,067,500 | 21.35 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
