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News Details

14/11/2024 16:20

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Lamosaic India announces launch of initial public offering

Lamosaic India Ltd. has announced public offering of 3060000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 190.00 per share. The gross proceeds of the issue are expected to be Rs 6,120.00 lakhs.

The company's initial public offer (IPO) will open on 21 November 2024 and is expected to close on 26 November 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 3060000 Equity Shares of the Company at an price of Rs 200.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Lamosaic India Ltd. anticipates using the proceeds of the issue for .

Inventure Merchant Banker Services Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.