Landmark Cars Limited IPO (Landmark Cars IPO)
Note: Landmark Cars IPO is an NSE BSE IPO. They are going to raise ₹552.00 Crores via IPO. The issue is a price range of ₹481 to ₹506 per Equity Share. The IPO is to be listed on NSE and BSE.
Landmark Cars Limited is incorporated in 1998, the company is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. The company also caters to the commercial vehicle retail business of Ashok Leyland in India.
Landmark Cars Limited offers services such as sales of new vehicles, after-sales service, and repairs (including sales of spare parts, lubricants, and accessories), sales of pre-owned passenger vehicles, and facilitation of the sales of third-party finance and insurance products.
The company has expanded the network to include 112 outlets across India, comprised of 61 sales showrooms and outlets and 51 after-sales services and spare outlets.
Landmark Cars Limited vehicle dealership network is spread across 31 cities in eight states and union territories including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and the National Capital Territory of Delhi.
Landmark Car’s business model captures the entire customer value chain including retailing new vehicles, servicing and repairing vehicles, selling parts, lubricants, and other products, selling pre-owned passenger vehicles, and distributing third-party finance and insurance products.
Landmark Cars Limited Financial Reports
| Period
Ended |
Total
Assets |
Total
Revenue |
Profit
After Tax |
Net
Worth |
Total
Borrowing |
|---|---|---|---|---|---|
| 31-Mar-19 | 1008.03 | 2834.62 | -24.43 | 187.96 | 478.78 |
| 31-Mar-20 | 831.77 | 2228.93 | -28.94 | 169.12 | 357.91 |
| 31-Mar-21 | 887.9 | 1966.34 | 11.15 | 181.78 | 327.44 |
| 30-Sep-21 | 998.69 | 1419.79 | 27.95 | 208.55 | 408.84 |
| Amount in ₹ Crore | |||||
Landmark Cars Limited IPO Date & Price Band
| IPO Open: | December 13, 2022 |
| IPO Close: | December 15, 2022 |
| IPO Size: | Approx ₹552.00 Crores |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹481 to ₹506 per Equity Share |
| IPO Listing on: | BSE NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
Landmark Cars Limited IPO Market Lot
The Landmark Cars IPO lot size is 29 shares. A retail-individual investor can apply for up to 13 lots (377 shares or ₹190,762).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 29 | ₹14,674 |
| Retail (Max) | 13 | 377 | ₹190,762 |
| S-HNI (Min) | 14 | 406 | ₹205,436 |
| B-HNI (Min) | 69 | 2,001 | ₹1,012,506 |
Landmark Cars Limited IPO Allotment & Listing Dates
The IPO date is December 13 and the IPO close date is December 15, 2022. The IPO allotment date is December 20 and the Landmark Cars Limited IPO listing is on December 23, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Dec 13, 2022 |
| Closing Date | Dec 15, 2022 |
| Basis of Allotment | Dec 20, 2022 |
| Initiation of Refunds | Dec 21, 2022 |
| Credit of Shares to Demat | Dec 22, 2022 |
| Listing Date | Dec 23, 2022 |
Landmark Cars IPO Prospectus
What is the official website of Landmark Cars IPO?
Landmark Cars Limited IPO Official Website is https://www.grouplandmark.in/
What is the registered address of Landmark Cars?
Landmark Cars Limited
Landmark House, Opp. AEC, S.G. Highway,
Thaltej, Near Gurudwara,
Ahmedabad 380 059,
Phone: +91 79 6618 5555
Email: companysecretary@landmarkindia.net
Website: https://www.grouplandmark.in/
Landmark Cars IPO Company Promoter
Sanjay Karsandas Thakker is the company promoter.
Landmark Cars IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: dcxsystems.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Landmark Cars Limited IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
What is Landmark Cars IPO?
Landmark Cars IPO is an NSE BSE IPO. They are going to raise ₹552.00 Crores via IPO. The issue is a price range of ₹481 to ₹506 per Equity Share. The IPO is to be listed on NSE and BSE.
When will Landmark Cars IPO open?
The IPO will open for NII, QIB, and Retail Investors on December 13, 2022.
What is Landmark Cars IPO Investors Portion?
The investors’ portion for NII is 50%, QIB is 15 % and Retail is 35%.
What is Landmark Cars IPO Size?
The IPO size is ₹552.00 crores.
What is Landmark Cars IPO Price Band?
The IPO Price range of ₹481 to ₹506 per equity share.
What is Landmark Cars IPO Minimum and Maximum Lot Size?
The Landmark Cars IPO lot size is 29 shares. A retail-individual investor can apply for up to 13 lots (377 shares or ₹190,762).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 29 | ₹14,674 |
| Retail (Max) | 13 | 377 | ₹190,762 |
| S-HNI (Min) | 14 | 406 | ₹205,436 |
| B-HNI (Min) | 69 | 2,001 | ₹1,012,506 |
What is Landmark Cars IPO Allotment?
The IPO allotment date is December 20, 2022.
What is Landmark Cars IPO Listing?
The IPO listing date is December 23, 2022. The IPO to list on BSE NSE.
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