{"id":948,"date":"2024-11-18T23:29:46","date_gmt":"2024-11-18T17:59:46","guid":{"rendered":"https:\/\/richnook.com\/news\/?p=948"},"modified":"2024-11-18T23:31:32","modified_gmt":"2024-11-18T18:01:32","slug":"lamosaic-india-ipo-key-details","status":"publish","type":"post","link":"https:\/\/richnook.com\/news\/ipo\/lamosaic-india-ipo-key-details\/","title":{"rendered":"Lamosaic India IPO Opens on Nov 21 \u2013 Should You Invest?"},"content":{"rendered":"\n<p>Lamosaic India, an SME IPO, is all geared up to raise Rs. 61.20 Crores via its IPO, which is set to open on 21 November 2024. The issue is entirely a fresh issue of 30.6 Lakhs. The IPO has been priced at Rs. 200 per share, and the minimum lot size for an application is 600 shares. This would make the minimum amount Rs. 1,20,000.&nbsp;<\/p>\n\n\n\n<p>Lamosaic India plans to use all the proceeds of the IPO for repayment of specific borrowings, addressing additional working capital needs. Apart from that, the company also plans to use them for general corporate expenses.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Lamosaic India IPO Key Details<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Details&nbsp;<\/td><td>Description<\/td><\/tr><tr><td>IPO Open Date<\/td><td>21 November 2024 (Thursday)<\/td><\/tr><tr><td>IPO Close Date<\/td><td>26 November 2024 (Tuesday)<\/td><\/tr><tr><td>Listing Date<\/td><td>29 November 2024 (Friday)<\/td><\/tr><tr><td>Lot Size<\/td><td>600 Shares<\/td><\/tr><tr><td>Price<\/td><td>Rs. 200 per share<\/td><\/tr><tr><td>Face Value<\/td><td>Rs. 10 per share<\/td><\/tr><tr><td>Fresh Issue<\/td><td>30.6 Lakh shares<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">About Lamosaic India<\/h2>\n\n\n\n<p>Lamosaic India Limited is a company that was established in the year 2020. Within just a few years, the company has become one of the established names in the decorative laminates and plywood sector.&nbsp;<\/p>\n\n\n\n<p>Lamosiac India has a huge range of products that range from flush doors and decorative laminates to printing paper and acrylic sheets. They ventured into manufacturing in the September month of the year 2023 with a cutting-edge facility in Chembur, Mumbai.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Lamosaic India IPO Reservation<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Investor Category<\/td><td>Shares Offered<\/td><\/tr><tr><td>Retail Shares<\/td><td>50%<\/td><\/tr><tr><td>Other Shares Offered<\/td><td>50%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Should You Invest in Lamosaic India IPO<\/h2>\n\n\n\n<p>If you believe in the company\u2019s potential growth and if you are comfortable with the risks associated with a small-cap company, then you are good to go. But if you prefer companies with proven track records and well-established, you better avoid it.\u00a0<\/p>\n\n\n\n<p>Before investing, just ensure this IPO fits your financial goals and risk profile.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lamosaic India, an SME IPO, is all geared up to raise Rs. 61.20 Crores via its IPO, which is set to open on 21 November&#8230;<\/p>\n","protected":false},"author":1,"featured_media":958,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[28,59,51,67,68,81],"class_list":["post-948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo","tag-ipo-news","tag-ipo-update","tag-lamosaic-india-limited","tag-lamosaic-india-limited-ipo","tag-lamosec-india-ipo"],"_links":{"self":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/comments?post=948"}],"version-history":[{"count":3,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/948\/revisions"}],"predecessor-version":[{"id":957,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/948\/revisions\/957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media\/958"}],"wp:attachment":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media?parent=948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/categories?post=948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/tags?post=948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}