Lamosaic India Limited IPO GMP Today Live Updates - Check Latest IPO GMP Today before Applying

Lamosaic India IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

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Lamosaic India Limited IPO GMP

Lamosaic India Ltd, a favorite among architects, interior designers, and homeowners, the company is into the marketing of various kinds of decorative laminates, plywood, and wooden furniture accessories. The company also provides a one-stop solution - right from concept creation to designing to supplying tailor-made laminated doors, furniture, etc., as per the requirements of the customer.

Lamosaic India, an Fixed Price Issue amounting to ₹61.2 Crores, consisting entirely an Fresh Issue of 30.6 Lakh Shares. The subscription period for the Lamosaic India IPO opens on November 21, 2024, and closes on November 26, 2024. The allotment is expected to be finalized on or about Wednesday, November 27, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, November 29, 2024.

The Share price of Lamosaic India IPO is set at ₹200 per equity share. The Market Capitalisation of the Lamosaic India Limited at IPO price of ₹200 per equity share will be ₹206.76 Crores. The lot size of the IPO is 600 shares. Retail investors are required to invest a minimum of ₹1,20,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,200 shares), amounting to ₹2,40,000.

INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED is the book-running lead manager while KFin Technologies Limited is the registrar for the Issue. SVCM Securities Private Limited is Market Maker for the Lamosaic India IPO.

Lamosaic India Limited IPO GMP Today
The Grey Market Premium of Lamosaic India Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Lamosaic India Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:00 PM on 26 November 2024, the Lamosaic India IPO live subscription status shows that the IPO subscribed 1.82 times on its Final day of subscription period. Check the Lamosaic India IPO Live Subscription Status today at NSE .

Lamosaic India Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online

Lamosaic India IPO allotment date is 27 November, 2024, Wednesday. Lamosaic India IPO Allotment will be out on 27th November 2024 and will be live on Registrar Website from the allotment date. Check Lamosaic India IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Lamosaic India Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Lamosaic India Limited IPO
Lamosaic India Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1) ₹445.77 Lakhs is required for the Repayment of certain Borrowings;
2) ₹3500.00 Lakhs is required for the meet incremental working capital requirements;
3) ₹600.00 Lakhs is required for the Pursuing Inorganic Growth; and
4) ₹1400.00 Lakhs is required for the General Corporate Purpose