Landmark Cars IPO Review, Date, GMP, Price, Lot Size, Apply

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.

Landmark Cars IPO Review - Paisa kaudi
Landmark Cars IPO Review – Paisa kaudi

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 DateDecember 13, 2022
IPO Close DateDecember 15, 2022
Fresh Equity Share Issue29,64,427 shares of ₹5
(₹150 Crores)
Offer for Sale79,44,664 shares of ₹5
(₹402 Crores)
Face Value₹5 Per Equity Share
Price Band₹481 – ₹506 Per Equity Share
Retail Quota Share35%
QIB Quota50%
NII (HNI) Quota15%
Listing onNSE & BSE
Employee Discount
DRHPView
Landmark Cars IPO – Key points to know before investing

Landmark Cars IPO Timetable

IPO Start DateDecember 13, 2022
IPO Close DateDecember 15, 2022
Basis of Share Allotment DateDecember 20, 2022
Refunds DateDecember 21, 2022
Credit of shares to Demat Account DateDecember 22, 2022
Landmark Cars IPO Listing DateDecember 23, 2022
Landmark Cars IPO Timetable – Paisa kaudi

Landmark Cars IPO Lot Size

ApplicationLotSharesAmount
Retail (Minimum)129₹ 14,674
Retail (Maximum)13377₹ 1,90,762
S – HNI (Minimum)14406₹2,05,436
B – HNI (Minimum)692,001₹10,12,506
Landmark Cars IPO Lot size – Paisa kaudi

Landmark Cars Ltd Financial Report (2020-2022)

YearRevenueExpensePAT (Profit / Loss After Tax)
2022₹2,989.1266.18
2021₹1,966₹1,947 11.15
2020₹2,229₹2,25628.94
Landmark Cars Revenue Report (Figures are in Crores)

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,

Landmark Cars IPO Registrar Contact Information

Landmark Cars IPO Registrar

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

What is Landmark Cars IPO?

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.

What is Landmark Cars IPO price band?

Landmark Cars IPO price band is ₹481 to ₹506.

What is the lot size of Landmark Cars IPO?

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.

What is the investors portion in Landmark Cars IPO?

35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.

When Landmark Cars IPO will open?

Landmark Cars IPO will open on December 13, 2022.

When is the Landmark Cars IPO Allotment?

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.

When is the Landmark Cars IPO Listing Date?

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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