
Landmark Cars Limited
Mainboard₹14,674 / 29 Shares
Landmark Cars Limited IPO Details
The Landmark Cars Limited IPO price band is set between ₹481-506 per equity share, with a face value of ₹5 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 13 Dec, 2022 and closes on 15 Dec, 2022. Investors can check the allotment status on 20 Dec, 2022, while the listing date is tentatively scheduled for 23 Dec, 2022.
The total issue size is 10,909,091 shares of ₹5 , aggregating up to ₹552.00 Cr. Stay tuned for the latest Landmark Cars Limited IPO review and GMP updates.
Landmark Cars Limited IPO Review, Rating & Analysis
Landmark Cars Limited IPO Review
NO REVIEWLandmark Cars Limited IPO Rating
Landmark Cars Limited IPO Highlights
IPO Date
Dec 13, 2022 - Dec 15, 2022
Listing Date
23 Dec, 2022
Face Value
₹5 Per Equity Share
Price Band
₹481-506 per equity share
Lot Size
29 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Landmark Cars Limited IPO Lot Size
The minimum market lot for Landmark Cars Limited IPO is 29 shares with an application amount of ₹14,674. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 29 | ₹14,674 |
| Retail (Max) | 13 | 377 | ₹1,90,762 |
| S-HNI (Min) | 14 | 406 | ₹2,05,436 |
| S-HNI (Max) | 68 | 1972 | ₹9,97,832 |
| B-HNI (Min) | 69 | 2001 | ₹10,12,506 |
Landmark Cars Limited IPO Timeline
Issue Price
₹481-506 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Axis Capital Limited,ICICI Securities LimitedIssue Size
10,909,091 shares of ₹5 (aggregating up to ₹552.00 Cr)#Fresh Issue: 2,964,427 shares of ₹5 (aggregating up to ₹150.0 Cr)#Offer for Sale: 7,944,664 shares of ₹5 (aggregating up to ₹402.0 Cr)Landmark Cars Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 22 | 1209.37 | 801.9 | 18.14 | - | - | - |
| 31 Mar 22 | 1085.38 | 2989.12 | 66.18 | - | - | - |
| 31 Mar 21 | 887.9 | 1966.34 | 11.15 | - | - | - |
| 31 Mar 20 | 831.77 | 2228.93 | -28.94 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Sanjay Karsandas Thakker
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 60.24% | 44.61% |
About Company
Incorporated in 1998, Landmark Cars Limited is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. The company also cater to the commercial vehicle retail business of Ashok Leyland in India.Landmark Cars 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 in 8 Indian states, comprised of 61 sales showrooms and outlets and 51 after-sales services and spare outlets, as of September 30, 2021.
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.
The company operate as an authorized service centre for Mercedes-Benz, Honda, Volkswagen, Jeep, Renault and Ashok Leyland. Landmark Cars also provide after-sales service and repairs through 51 after-sales services and spare outlets, as of September 30, 2021.
The company's business model captures the entire customer value chain including retailing new vehicles, servicing and repairing vehicles, selling spare parts, lubricants and other products, selling pre-owned passenger vehicles and distribution of third-party finance and insurance products.
Frequently Asked Questions about Landmark Cars Limited IPO
When will Landmark Cars Limited IPO open for subscription?
The Landmark Cars Limited IPO opens on 13 Dec, 2022 and closes on 15 Dec, 2022.
What is the investors portion for Landmark Cars Limited IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Landmark Cars Limited IPO?
You can apply for Landmark Cars Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Landmark Cars Limited IPO?
The issue size of Landmark Cars Limited IPO is approx ₹10,909,091 shares of ₹5 (aggregating up to ₹552.00 Cr)#Fresh Issue: 2,964,427 shares of ₹5 (aggregating up to ₹150.0 Cr)#Offer for Sale: 7,944,664 shares of ₹5 (aggregating up to ₹402.0 Cr) crores.
What is the price band of Landmark Cars Limited IPO?
The price band for Landmark Cars Limited IPO is ₹481 to ₹506 per equity share.
What is the lot size of Landmark Cars Limited IPO?
The minimum bid (lot size) for Landmark Cars Limited IPO is N/A shares with an investment of approx ₹14,674 .
What is the allotment date of Landmark Cars Limited IPO?
The allotment date for Landmark Cars Limited IPO is 20 Dec, 2022.
What is the listing date of Landmark Cars Limited IPO?
The listing date for Landmark Cars Limited IPO is expected to be 23 Dec, 2022.
What is the GMP of Landmark Cars Limited IPO?
The latest Grey Market Premium (GMP) for Landmark Cars Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
