Lamosaic India is planning to launch its fixed-price public issue on November 21, with the goal of raising Rs 61.2 crore through the sale of 30.6 lakh equity shares priced at Rs 200 each. This IPO is the second offering in the SME segment for the week, following C2C Advanced Systems' initial share sale.

The public issue will consist solely of fresh shares and is set to close on November 26. Trading of Lamosaic's equity shares is expected to begin on the NSE Emerge on November 29. The company, based in Mumbai, specializes in products like flush doors, decorative laminates, acrylic sheets, printing paper, and plywood. It has recently started manufacturing operations with a new workshop in Mumbai. Lamosaic sells its products to B2B customers under its own brand name.

The company's product range includes flush doors, decorative laminates, acrylic sheets, printing paper, and plywood. With a new workshop in Mumbai, Lamosaic has expanded its manufacturing operations. The public issue, which will raise Rs 61.2 crore, is scheduled to close on November 26. Trading of Lamosaic's equity shares will commence on the NSE Emerge on November 29.