GMP IPO | Cheap IPO will open for investment, big earning opportunity, lottery will be held on the first day – IPO GMP
GMP IPO | Lamosek India Limited IPO will open for investment on November 21. The price band for the IPO of Lamosek India Limited Company has been fixed at Rs 200. Two IPOs in the SME segment are planned to be launched next week. Many IPOs have given high returns to investors in the last one year. The IPO of Lamosek India Limited will open for investment on 21st November and will remain open for investment till 26th November. The IPO shares of Lamosek India Limited Company can be listed on NSE Emerging Platform on 29 November. Lamosek India Limited will put 30.6 lakh shares for sale in the IPO. These will be completely new stocks. This means that the entire amount received through IPO will go to the account of Lamosec India Company. The company has said that Lamosek India Limited will raise Rs 61.2 crore through IPO.
lot size
The minimum lot size to bid in Lamosek India Limited Company IPO is 600 shares. Retail investors will have to invest at least Rs 1,20,000 per lot in Lamosek India Limited Company IPO. The minimum lot size investment for HNIs in this IPO is 2 lots, which is Rs 2,40,000. Currently an update is yet to come from the gray market.
Use of IPO funds
Lamosek India Limited will use the funds raised through the IPO to repay certain debt, meet working capital requirements, explore livelihood enhancement opportunities and other general corporate expenses. Headquartered in Mumbai, Lamosek India Limited deals in products such as flush doors, acrylic sheets, decorative laminates, printing papers and plywood. Lamosek India Limited started production in Mumbai in September 2023. Lamosek India Limited Company sells its products to B2B customers under the brand name Lamosek.
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