ListedSME platform

Lamosaic India Limited

LAMOSAICCommercial Services & Supplies21 Nov 2024 – 26 Nov 2024INE0R0201012

Promoters VINOD JUTHALA VISARIA · JAY MANILAL CHHEDA · JITESH KHUSHALCHAND MAMANIYA

On listing day it
we hold no exchange bar dated on the listing date
Since then, against the issue price
-74.1%
₹51.8 on 21 Sept 2026

Against an issue price of ₹200. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹200
final issue price
Issue size
₹61 cr
Fresh
Lot size
1,53,000 sh
Listed on
29 Nov 2024
NSE
Now trading as LAMOSAIC — see its filed financials and price history →
Valued at the offer price207 cr1,03,38,008 shares after the issue × ₹200, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Lamosaic India Limited raised ₹61 crore through a SME-platform initial public offer.

The filing places it in Commercial Services & Supplies and names three promoters: VINOD JUTHALA VISARIA, JAY MANILAL CHHEDA and JITESH KHUSHALCHAND MAMANIYA.

The book was open from 21 November 2024 to 26 November 2024.

The issue was priced at ₹200 a share.

The whole offer is a fresh issue of shares — ₹61 crore raised by the company itself.

The issuer reported the offer subscribed 2.00 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.

The shares listed on 29 November 2024.

The last official close on file is ₹51.80 (21 September 2026), which is 74.1% below the issue price.

It now trades as LAMOSAIC, and its filed financials are on its company page.

How it has done since listing
NSE close · 21 Sept 2026
Issue price
₹200
final issue price
Listing-day move
Now vs issue price
-74.1%
21 Sept 2026
Since first close

Shares sold in the issue at ₹200 last closed at ₹51.8.

See LAMOSAIC’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 229(2)
Issue price
₹200
face value ₹10
Lot size
1,53,000 sh
₹3,06,00,000 a lot
Issue size
₹61 cr
Fresh
Shares after issue
1.03 cr
1,03,38,008
Fresh issue
30.60 L
shares issued by the company

No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.

How it was priced
Fixed price — the price was set in advance, with no band to bid inside
Listing sought at
NSE
Designated exchange
NSE
Discount
None offered
Registered office
Western India
Company website
www.lamosaic.in
Registrar
Bigshare Services Pvt Limited
Lead manager
  • Inventure Merchant Banker Services Pvt Limited
What happens when
6-day book
  1. Bidding opens21 Nov 2024
  2. Bidding closes26 Nov 2024
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing29 Nov 2024
How the bidding went
as filed after the close
2.00x
subscribed — filed by the issuer

This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.

Who the offer was set aside for
as filed by the issuer at listing
  • Non-institutional investors23.3%
  • Retail individual investors71.7%
  • Market maker5.0%

No part of the offer was set aside for anchor investors, qualified institutional buyers, reserved portion or other.

The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    29 May 2025
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    29 May 2026
    already free

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
The issuer's chosen peers
Earnings the price leans on
₹6.00
diluted, per share

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
ArchidPly Industries Limited (Consolidated)not in our universe33.86.4%
Duroply Industries Limitednot in our universe223.20.8%
Sylvan Plyboard (India) Limited20.86.3%
The issuer’s own figures, as it printed them
EPS
NAV per share
₹35.75
Return on net worth
41.36%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Inventure Merchant Banker Services Pvt Limited
20232026
6
0 measurable
Registrar
FirmIssuesTypical listing move
Bigshare Services Private Limited
20212026
214
16 measurable
+19.0%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.