Lamosaic India IPO Allotment Status

Summary

Lamosaic India IPO has received a moderate response from investors, achieving a subscription of 1.77 times by November 26, 2024, at 5:27:59 PM (Day 4). The public issue experienced mixed demand across categories, with retail investors leading the charge.

The Retail Investors category showcased strong interest, achieving a subscription of 2.66 times, indicating robust participation. The Non-Institutional Investors (NII) segment recorded a subscription of 0.88 times, reflecting lower-than-expected demand. The Market Maker portion was fully subscribed at 1.00 times, ensuring stability in the IPO process.
The IPO comprised a total of 30,60,000 equity shares, distributed evenly between retail and other investors, each allocated 14,53,500 shares. Retail investors bid for 38,62,200 shares, contributing ₹77.24 crores, while NIIs placed bids for 12,75,600 shares, amounting to ₹25.51 crores.

In total, the Lamosaic India IPO raised ₹102.78 crores (based on the upper price of the issue range) and garnered 6,704 applications, reflecting steady but selective investor participation.

How to Check Lamosaic India IPO Allotment Status:

How do you Check Lamosaic India IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Kfin Technologies Limited (https://ris.kfintech.com/ipostatus/)

Step 2: From the selection menu, choose Lamosaic India IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Lamosaic India IPO Allotment Status on NSE?

On the website of the National Stock Exchange (NSE), investors who placed a bid for the Lamosaic India IPO can monitor the allotment status:

Step 1: Visit the NSE SME website (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Lamosaic India Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Lamosaic India IPO Timeline:

Lamosaic India IPO Subscription Status

Lamosaic India IPO received 1.77 times subscription with 6,704 applications. By 26th November 2024 at 5:27:59 PM (Day 4), the detailed subscription status was:

Subscription Day 4 (as of 5:27:59 PM)

• Total Subscription: 1.77 times
• NII: 0.88 times
• Retail investors: 2.66 times

Subscription Day 3 (November 25, 2024)

• Total Subscription: 1.17 times
• NII: 0.75 times
• Retail investors: 1.60 times

Subscription Day 2 (November 22, 2024)

• Total Subscription: 0.59 times
• NII: 0.61 times
• Retail investors: 0.57 times

Subscription Day 1 (November 21, 2024)

• Total Subscription: 0.22 times
• NII: 0.36 times
• Retail investors: 0.09 times
   

Lamosaic India IPO Details 

Lamosaic India's initial public offering (IPO) is a fixed price issue of ₹61.20 crores. This offering consists entirely of a fresh issue of 30.6 lakh shares.

The bidding process for the Lamosaic India IPO commenced on 21st November 2024 and will conclude on 26th November 2024. The allotment results for this IPO are anticipated to be finalised on 27th November 2024. Furthermore, the shares of Lamosaic India are set to be listed on NSE SME, with a provisional listing date scheduled for 29th November 2024.

The issue price is fixed at ₹200 per share. Investors must apply for a minimum lot size of 600 shares, which requires a minimum investment of ₹120,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (1,200 shares), totalling ₹240,000.
Inventure Merchant Banker Services Pvt Ltd serves as the book running lead manager for the IPO, while Kfin

Technologies Limited is designated as the registrar for this offering. Svcm Securities is the market maker for this offering.