1.32xsubscribed
Lamosaic India IPO
1.32xsubscribed
Engineering - Construction
listed
1.32xsubscribed
₹1.20LMin. investment
Lamosaic India Limited IPO Details
Sector
Engineering - Construction
Issue size
₹61Cr
IPO type
SME
Price range
₹200 – ₹200
Listing date
29 Nov 2024
Lot size
600 shares
Red Herring Prospectus
Read
SectorEngineering - Construction
Price range₹200 – ₹200
IPO type
SME
Lot size600 shares
Issue size₹61Cr
Red Herring Prospectus
Read
Lamosaic India IPO Timeline
- Pre-apply19 Nov 2024
- Bid start21 Nov 2024
- Bid end26 Nov 2024
- Allotment27 Nov 2024
- Release of funds28 Nov 2024
- Demat transfer28 Nov 2024
- Listing29 Nov 2024
About Lamosaic India Limited
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.
Lamosaic India IPO Contact Details
Company NameLamosaic India Limited
How to apply for Lamosaic India IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.