Lamosaic India IPO vs Neelam Linens and Garments IPO

Comparision between Lamosaic India IPO and Neelam Linens and Garments IPO.

IPO Details

Lamosaic India IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Neelam Linens and Garments IPO is a SME Book Built Issue proposed to list at NSE SME.

	Lamosaic India IPO	Neelam Linens and Garments IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Expert Global Consultants Private Limited
Registrar	Kfin Technologies Limited	Purva Sharegistry India Pvt Ltd
Market Maker	Svcm Securities Private Limited	Globalworth Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Lamosaic India IPO is up to ₹61.20 Cr whereas the issue size of the Neelam Linens and Garments IPO is up to ₹13.00 Cr. The final issue price of Lamosaic India IPO is ₹200.00 per share and of Neelam Linens and Garments IPO is ₹24.00 per share.

	Lamosaic India IPO	Neelam Linens and Garments IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹20.00 per share
Issue Price (Upper)		₹24.00 per share
Issue Price (Final)	₹200.00 per share	₹24.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	6000 shares
Fresh Issue Size	30,60,000 shares	54,18,000 shares
Fresh Issue Size (Amount)	up to ₹61.20 Cr	up to ₹13.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,60,000 shares	54,18,000 shares
Issue Size Total (Amount)	up to ₹61.20 Cr	up to ₹13.00 Cr

IPO Timetable

Lamosaic India IPO opens on Nov 21, 2024, while Neelam Linens and Garments IPO opens on Nov 08, 2024. The closing date of Lamosaic India IPO and Neelam Linens and Garments IPO is Nov 26, 2024, and Nov 12, 2024, respectively.

	Lamosaic India IPO	Neelam Linens and Garments IPO
Anchor Bid Date		Nov 07, 2024
Issue Open	Nov 21, 2024	Nov 08, 2024
Issue Close	Nov 26, 2024	Nov 12, 2024
Basis Of Allotment (Tentative)	Nov 27, 2024	Nov 13, 2024
Initiation of Refunds (Tentative)	Nov 28, 2024	Nov 14, 2024
Credit of Share (Tentative)	Nov 28, 2024	Nov 14, 2024
Listing date (Tentative)	Nov 29, 2024	Nov 18, 2024
Anchor Lockin End date 1		Dec 13, 2024
Anchor Lockin End date 2		Feb 11, 2025

Financials

Lamosaic India IPO P/E ratio is 17.69, as compared to Neelam Linens and Garments IPO P/E ratio of 14.44.

Lamosaic India IPO

Neelam Linens and Garments IPO

Financial

Lamosaic India Limited Financial Information (Restated)

Lamosaic India Limited's revenue increased by 75.25% and profit after tax (PAT) rose by 102.13% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,151.84	5,126.79	2,905.61	581.13
Revenue	7,286.98	5,565.72	3,175.85	1,003.45
Profit After Tax	1,076.24	822.94	407.14	50.89
Net Worth	2,601.95	1,525.71	1,143.33	295.99
Reserves and Surplus	1,874.15	797.91
Amount in ₹ Lakhs

Neelam Linens and Garments (India) Ltd Financial Information (Restated Consolidated)

Neelam Linens and Garments (India) Ltd's revenue decreased by -0.63% and profit after tax (PAT) rose by 3.43% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	12,050.23	12,116.76	9,967.97	7,860.13	6,467.92
Revenue	2,195.39	10,474.42	10,541.13	10,379.69	8,017.82
Profit After Tax	80.46	246.05	237.88	298.58	41.53
Net Worth	2,428.80	2,348.34	2,102.30	1,468.42	1,169.84
Reserves and Surplus	948.80	868.34	1,362.30	1,448.42	1,149.84
Total Borrowing	7,566.04	6,964.94	6,534.02	5,110.22	5,259.22
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

74.18%

Promoter Shareholding (Post-Issue)

70.40%

54.29%

P/E Ratio

17.69

14.44

Market Cap

₹206.76 Cr.

₹48.52 Cr.

ROE

41.36%%

2.99%%

ROCE

39.95%%

3.84%%

Debt/Equity

0.57

3.12

EPS

₹11.31

₹1.66

RoNW

41.36%%

3.31%%

Shares Offered

In the Lamosaic India IPO retail investors (RII) are offered while in Neelam Linens and Garments IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Lamosaic India IPO and 10,32,000 shares in Neelam Linens and Garments IPO.

	Lamosaic India IPO	Neelam Linens and Garments IPO
Anchor Investor Reserveration		15,36,000 shares
Market Maker Reserveration	1,53,000 shares	2,76,000 shares
QIB		10,32,000 shares
NII		7,74,000 shares
RII		18,00,000 shares
Employee		0 shares
Others
Total		36,06,000 shares

Bids Received (Subscription)

Lamosaic India IPO subscribed in total, whereas Neelam Linens and Garments IPO subscribed 91.97x.

	Lamosaic India IPO	Neelam Linens and Garments IPO
QIB (times)		15.40x
NII (times)		273.47x
Big NII (times)
Small NII (times)
RII (times)		57.82x
Employee (times)
Other (times)
Total (times)		91.97x

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