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. ₹75,000.00 Lakhs is required for the 

Lamosaic India IPO Review

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.

The Company is Promoted by experienced Promoters, namely, MR. VINOD JUTHALA VISARIA, MR. JAY MANILAL CHHEDA AND MR. JITESH KHUSHALCHAND MAMANIYA.

The Revenues from operations for the Fiscals 2024, 2023 and 2022 were ₹5,565.72 Lakhs, ₹3,175.85 Lakhs and ₹1,003.45 Lakhs, respectively. The EBITDA for the Fiscals 2024, 2023 and 2022 were ₹1,417.20 Lakhs, ₹700.01 Lakhs and ₹95.96 Lakhs, respectively. The Profit after Tax for the Fiscals 2024, 2023 and 2022 was ₹822.94 Lakhs, ₹407.14 Lakhs and ₹50.89 Lakhs, respectively.

For the Lamosaic India IPO, the company is issuing shares at a pre-issue EPS of ₹11.31 and a post-issue EPS of ₹7.96. The pre-issue P/E ratio is 17.68x, while the post-issue P/E ratio is 25.12x against the Industry P/E ratio is 121.99x. The company's ROCE for FY24 is 42.25% and RoE for FY24 is 53.94%. These metrics suggest that the IPO is fully priced.

The Grey Market Premium (GMP) of Lamosaic India showing potential listing gains of 0%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Lamosaic India Limited IPO for Listing gain or long term investment purposes.

Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 

About the Author
 CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms during the training period. He is good at Technical analysis and Fundamental Analysis and uses both Technical and Fundamental analysis along with five other important factors that affect the movement of the Market namely Global Market Analysis, Upcoming Event Analysis, Institutional Money Analysis, Derivative Data Analysis, and Emotions and Sentiment of Traders and Investors in his Framework called - Technical Fundamental GUIDE to find the winning Trades.
You can connect with the Author on Telegram, YouTube and Website.

The Upcoming IPOs in this week and coming weeks are Lomosaic India, C2C Advanced System, Rosmerta Digital, NTPC Green, Avanse Financial and Nisus Finance.

The Current active IPO are Zinka Logistics Solution (Black Buck), and Onyx Biotec.

For more insights into financial trends , visit our Top News Headlines. You can also explore investment opportunities in the market and apply for upcoming IPOs through our Best IPO to Apply Now section.