The Landmark Cars IPO date has been announced; the IPO will open on December 13 and finish on December 15. Landmark Cars IPO will raise about 552 crores through an IPO that includes a fresh offering of 150 crores and an offer for sale of up to 402 of 5 apiece. The retail share is 35%, the QIB share is 50%, and the HNI share is 15%.
Landmark Cars Limited operates 115 state-of-the-art showrooms in eight states, making it one of the country’s largest auto dealership networks. They have showrooms for luxury car brands like as Mercedes-Benz, Volkswagen, Honda, Jeep, Renault, and BYD. In Ashok Leyland, India, they also sell commercial vehicles. They have a presence throughout the automotive retail value chain, including new car sales and pre-owned passenger vehicle after-sales service sales. They have 112 locations in eight states, with 60+ sales showrooms and 50+ after-sales services. They
have a large dealership network in more than 30 cities and union territories, including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and Delhi’s National Capital Territory. “Landmark Cars collected Rs 165 crore through an anchor book before to its IPO”.
Landmark Cars IPO Date & Price Band Details
| IPO Open: | December 13, 2022 |
| IPO Close: | December 15, 2022 |
| IPO Size: | Approx ₹552 Crores |
| Fresh Issue: | Approx ₹150 Crores |
| Offer for Sale: | Approx ₹402 Crores, 26,900,530 Shares |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹481 to ₹506 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | ₹48 for Employees |
Objects of the Issue
- Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company and Subsidiaries.
- General corporate purposes.
Landmark Cars IPO Review (Apply or Not)
- May Apply
Brokerage Firm IPO Review
- Arihal Capital: Apply
- Capital Market: May Apply
Landmark Cars IPO Market Lot
The Landmark Cars IPO minimum market lot is 29 shares with ₹14,674 application amount. The retail investors can apply up-to 13 lots with 377 shares or ₹190,762 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 29 | ₹14,674 |
| Retail Maximum | 13 | 377 | ₹190,762 |
| S-HNI Minimum | 14 | 406 | ₹205,436 |
| B-HNI Minimum | 69 | 2001 | ₹10,12,506 |
Landmark Cars IPO Allotment & Listing Dates
The Landmark Cars IPO date is December 13 and the close date is December 15. The Landmark Cars IPO allotment will be finalized on December 20 and the IPO listing on December 23.
| Price Band Announcement: | December 7, 2022 |
| Anchor Investors Allotment: | December 12, 2022 |
| IPO Open Date: | December 13 2022 |
| IPO Close Date: | December 15 2022 |
| Basis of Allotment: | December 20, 2022 |
| Refunds: | December 21, 2022 |
| Credit to Demat Account: | December 22, 2022 |
| Landmark Cars IPO Listing Date: | December 23, 2022 |
Landmark Cars IPO Form
How to apply for the Landmark Cars IPO? –> You can apply for the Landmark Cars IPO using your bank account’s ASBA. Simply go in to your online bank account and apply through your bank account by selecting the Landmark Cars IPO in the Invest section. You can also apply for the Landmark Cars IPO by downloading IPO forms from the NSE and BSE. Examine the Landmark Cars forms.
Landmark Cars Company Financial Report
| Year (₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2020 | ₹2229 | ₹2256 | ₹28.94 |
| 2021 | ₹1966 | ₹1947 | ₹11.15 |
| 2022 6M | ₹1420 | ₹1391 | ₹27.95 |
Landmark Cars IPO Valuation – FY2021
Check Landmark Cars IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.09 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 6.23% |
| Net Asset Value (NAV): | ₹49.62 per Equity Share |
Peer Group
- NA
Company Promoters
- Sanjay Karsandas Thakker
Landmark Cars IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Company Address
Landmark Cars Limited
Landmark House, Opp. AEC, S.G. Highway,
Thaltej, Near Gurudwara,
Ahmedabad 380 059,
Phone: +91 79 6618 5555
Email: [email protected]
Website: https://www.grouplandmark.in
Landmark Cars IPO Lead Managers
- ICICI Securities Limited
- Axis Capital Limited
Landmark Cars IPO FAQs:
Q1. What is Landmark Cars IPO?
Ans. Landmark Cars IPO is a main-board IPO. They are going to raise ₹552 Crores via IPO. The issue is priced at ₹481 to ₹506 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Landmark Cars IPO will open?
Ans. The IPO is to open on December 13, 2022 for QIB, NII, and Retail Investors.
Q3. What is Landmark Cars IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Landmark Cars IPO?
Ans. You can apply for Landmark Cars IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Landmark Cars IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Landmark Cars”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Landmark Cars IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Landmark Cars”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Landmark Cars IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Landmark Cars”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Landmark Cars IPO Size?
Ans. Landmark Cars IPO size is ₹552 crores.
Q9. What is Landmark Cars IPO Price Band?
Ans. Landmark Cars IPO Price Band is ₹481 to ₹506.
Q10. What is Landmark Cars IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 29 Shares with ₹14,674 amount while the maximum bid is 377 shares with ₹190,762.
Q11. What is the Landmark Cars IPO Allotment Date?
Ans. Landmark Cars IPO allotment date is December 20, 2022.
Q12. What is the Landmark Cars IPO Listing Date?
Ans. Landmark Cars IPO listing date is December 23, 2022. The IPO is to list on BSE and NSE.
