Landmark cars IPO – Established in 1998, Landmark Cars Limited is one of the leading premium automotive retail businesses in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault.
Landmark Cars raised Rs 165 crore via anchor book ahead of IPO.
List of Topic Covered
Key Features of Landmark Cars IPO
- Landmark Cars IPO will open on Dec 13, 2022
- You can apply in this IPO from Dec 13, 2022 to Dec 15, 2022.
- Issue Price band of the company is ₹481 to ₹506 per equity share.
- Landmark Cars IPO comprises fresh issue of 29,64,427 equity shares of ₹5 (worth ₹150 Crores) and an offer for sale of approx 79,44,664 shares of ₹5 (worth ₹402 Crores) .
- It has a minimum 29 shares in one lot and you have to spend a minimum of ₹14,674 for 1 lot.
- Landmark Cars Ltd is looking to raise ₹552 Crores through this IPO.
What is Landmark Cars Limited
- Along with premium automotive retail business, The company has a commercial vehicle dealership with Ashok Leyland in India.
- Services include, sales of new vehicles, after-sales service and repairs, sales of pre-owned passenger vehicles etc.
- It also caters sales of third party finance and insurance products.
- Mr. Sanjay Thakker is the Chairman and Director of Landmark Cars Limited.
- Company was in loss in 2020 but it’s profitable for the last two years. Good sign for investors.
Landmark Cars IPO GMP
Grey market is an unregulated market to trade IPO shares before listing. Landmark Cars IPO price band is placed at ₹481 to ₹506 , but the grey market premium of this share is currently -0.99% i.e. at – ₹5. So the share price of Landmark Cars IPO in the grey market is ₹501 (₹506 – ₹5) .
Click here to Get Details IPO Grey Market Premium (GMP) Live
Landmark Cars IPO Live Subscription Status
Landmark Cars IPO subscribed 3.06 times on it’s final day i.e. on December 15, 2022.
Click here to Get Details IPO Subscription Status Live
Landmark Cars IPO Date, Lot Size, Allotment
Sula Vineyards IPO Details
| IPO Start Date | December 13, 2022 |
| IPO Close Date | December 15, 2022 |
| Fresh Equity Share Issue | 29,64,427 shares of ₹5 (₹150 Crores) |
| Offer for Sale | 79,44,664 shares of ₹5 (₹402 Crores) |
| Face Value | ₹5 Per Equity Share |
| Price Band | ₹481 – ₹506 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
Landmark Cars IPO Timetable
| IPO Start Date | December 13, 2022 |
| IPO Close Date | December 15, 2022 |
| Basis of Share Allotment Date | December 20, 2022 |
| Refunds Date | December 21, 2022 |
| Credit of shares to Demat Account Date | December 22, 2022 |
| Landmark Cars IPO Listing Date | December 23, 2022 |
Landmark Cars IPO Lot Size
| Application | Lot | Shares | Amount |
| Retail (Minimum) | 1 | 29 | ₹ 14,674 |
| Retail (Maximum) | 13 | 377 | ₹ 1,90,762 |
| S – HNI (Minimum) | 14 | 406 | ₹2,05,436 |
| B – HNI (Minimum) | 69 | 2,001 | ₹10,12,506 |
Landmark Cars Ltd Financial Report (2020-2022)
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2022 | ₹2,989.12 | – | ₹66.18 |
| 2021 | ₹1,966 | ₹1,947 | ₹11.15 |
| 2020 | ₹2,229 | ₹2,256 | – ₹28.94 |
Landmark Cars IPO – Basis of Allotment
- 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Landmark Cars IPO ?
- You can apply for the Landmark Cars IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for Landmark Cars IPO.
- Also you can apply in this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Landmark Cars IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Landmark Cars IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Landmark Cars IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Landmark Cars IPO.
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Landmark Cars IPO Allotment Status
You can check Landmark Cars IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Landmark Cars IPO
Landmark Cars IPO Promoters
- Sanjay Karsandas Thakker
Landmark Cars IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
Landmark Cars Contact Information
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 Registrar Contact Information
Landmark Cars IPO Registrar
- Phone: +91-22-4918 6270
- Email: landmark.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Paisa kaudi recommendation on Landmark Cars IPO
Landmark Cars Limited is one of the leading premium automotive retail businesses in India. Price range is a bit on higher side. Grey market premium is at ₹11. You can invest in this IPO for long term gains.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Landmark Cars IPO FAQs
It is the main-board IPO which will be listed on NSE & BSE. They are going to raise ₹552 Crores through this IPO. One lot has minimum 29 shares and you have to spend a minimum ₹14,674 for 1 lot.
Landmark Cars IPO price band is ₹481 to ₹506.
One lot has minimum 29 shares and you have to spend a minimum ₹14,674 for 1 lot. Maximum lot is 13 and you have to spent ₹1,90,762.
35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Landmark Cars IPO will open on December 13, 2022.
Basis of Allotment for Sula Vineyards IPO will happen on December 20, 2022 and allotted shares will be deposited in your demat account on December 22, 2022.
Shares of Landmark Cars IPO will list in the market on December 23, 2022.
This covers all the points on Landmark Cars IPO. Please write in the comment box if you need any further information on this.
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