Lamtuf IPO

Lamtuf IPO Details

The Lamtuf IPO is a 100% book-built issue of 1.20 crore equity shares, comprising a fresh issue of 1 crore equity shares and an offer for sale (OFS) of 20 lakh equity shares, with a face value of ₹5 per share. The company filed its DRHP with SEBI on July 14, 2025.

The price band and official dates of subscription and listing will be announced by the company later, but the shares are supposed to be listed on the BSE and the NSE platforms. The book-running lead manager of Unistone Capital Private Ltd., while the registrar to the issue is KFIN Technologies Ltd.

Lamtuf IPO Date & Timeline

Lamtuf Ltd. officially filed its Draft Red Herring Prospectus (DRHP) on July 14, 2025. However, the specific Lamtuf IPO date and subscription timeline remain unannounced. Following regulatory approval, the company will finalize the price band and bidding dates. Once cleared, the schedule for anchor allotment, public bidding and the final listing on the exchange will be formally disclosed.

Lamtuf IPO GMP (Grey Market Premium)

“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.

The Lamtuf IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Lamtuf Ltd. was incorporated in 1978 as Lamtuf Plastics and started as a small mould manufacturer and evolved through multiple restructurings, adopting its current name in 2022. With over 4 decades of market presence, it operates as a vertically integrated manufacturer of industrial laminates, shuttering films and composite materials.

The registered office of Lamtuf is in Hyderabad, Telangana, from where the company has managed to build a broad domestic and international footprint spanning over 15 countries. The company has evolved over 40 years from a basic plastics enterprise into a leading, technologically advanced manufacturer in the industrial laminates sector.

Operations & Product Range

The Lamtuf Ltd. facility is entirely integrated, from the synthesis of resins to impregnation, compression and finishing. The major products produced at the firm include paper phenolic laminates, epoxy glass laminates, compressed wood laminates and glass polyester laminates. Such products serve high-end needs within the transportation, defence, aviation, automobile industries and electrical transformers. Through integration, the firm manages the quality and effective costs of its product range.

Facilities & Capacity

Lamtuf Ltd. operates a wholly integrated plant in the Pashamylaram Industrial Estate in Hyderabad, Telangana, covering a total area of 190,124 square feet. As of March 31, 2025, the capacity installed per annum is 7,200 metric tons. The expansion project aims to incorporate 6,300 additional metric tons of capacity, almost doubling current production levels. The plant is well-equipped for handling the present demand and any future increase in volume, especially in the case of introducing new product categories such as pultruded profiles.

Brands & Market Presence

Lamtuf Ltd. has established a strong market presence as a reliable supplier of high-performance composite materials, serving over 512 clients across 21 states and 4 Union Territories in India. International sales contributed nearly 45.83% of the total revenue from operations in FY25, with products exported to over 15 countries including the US, UK, Germany and Australia. The company’s comprehensive management system is certified under the ISO 9001:2015 standard, which meets international manufacturing standards.

Revenue Streams & Business Model

The primary revenue source of Lamtuf Ltd. is derived from the sale of industrial laminates, composite materials, tubes and molded profiles, driven by demand from electrical distribution, railways and industrial infrastructure sectors. The exports of the company have contributed approximately 46% of total revenue in FY25. Lamtuf generates revenue through a B2B model, relying on repeat orders from a diversified client base, which helps insulate the business from localized economic downturns.

Management & Shareholding

Lamtuf Ltd. is promoted by Surender Kumar Mehta, Prateek Mehta, Rachna Mehta, Kamlesh Mehta and Predict Technologies India Private Limited. Before the IPO, the promoter group held a 100% stake, but after the IPO, the promoter shareholding will be diluted as the offering contains 20 lakh OFS, but they will retain a majority controlling interest.

Board & Key Management

The leadership of Lamtuf Ltd. is led by a team of experts with many years of experience. Surender Kumar Mehta serves as the Chairman & Managing Director and gives strategic direction to the firm and manages the daily operations, along with Whole-Time Director Rachna Mehta. To ensure good governance, the board includes Independent Directors Chennaiah Athota, Pandu Ranga Vittal Elapavuluri and Sarabjeet Singh for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.