Lamosaic India Ltd - IPO

Lamosaic India Ltd IPO Details

Initial public issue of 30,60,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Lamosaic India Limited (The Company or The Issuer Company) for cash at a price Rs. 200/- per equity share (including a share premium of Rs. 190/- per equity share) (Issue Price) aggregating to Rs. 61.20 crores (The Issue), out of which 153,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 200/- per equity share, aggregating to Rs. 3.06 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 29,07,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 200/- per equity share aggregating to Rs. 58.14 crores (is hereinafter referred to as the Net Issue). The issue and the net issue will constitute 29.60 % and 28.12 % respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 200 is 20 times of the face value.

Objective of issue

Repayment of certain borrowings. To meet incremental working capital requirements. Pursuing inorganic growth. General corporate expenses.

Lamosaic India Ltd Contact Details

Lamosaic India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@lamosaic.in

Website - www.lamosaic.in