Lamosaic India will debut on the NSE SME platform Friday, with pre-listing shares showing no grey market premium. The IPO had a subscription rate of 1.77 times. The proceeds will fund debt repayment, working capital, and corporate growth. The company primarily serves the real estate and construction industries.
IPO Calendar: Primary market cools after Jio frenzy, but 13 listings lined up
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.