Landmark Cars
CMP
607.30
+2.25 (0.37%)
₹506
Offer Price
₹ 552.00 Cr
Issue Size
₹ 14,674
Min Investment
3.06x
Times Subscribed
29
Lot size
Time Line
-
13Dec 2022Open
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15Dec 2022Close
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20Dec 2022Finalisation of Basis of Allotment
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21Dec 2022Initiation of Refunds
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22Dec 2022Transfer of Shares to Demat Account
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23Dec 2022Listing Date
Shares Offered
Number of Times Subscribed
Day 3
15 Dec 2022
3.06x
QIB
8.71
NIB
1.32
Retail
0.59
Employee
2.93
Day 2
14 Dec 2022
0.39x
QIB
0.09
NIB
0.84
Retail
0.36
Employee
2.18
Day 1
13 Dec 2022
0.17x
QIB
0.00
NIB
0.39
Retail
0.17
Employee
1.20
Objects of the Offer
-
Continue expansion focusing on high growth segments and brands
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Expand its after-sales service business
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Build its pre-owned passenger vehicle business leveraging its experience, technology and network
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Continue to invest in technology and digitalizing sales and service channels
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Continue strategic acquisitions to expand geographic reach in premium and luxury brands
Products & Services
-
Landmark Cars Ltd is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault.
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The Company also has a commercial vehicle dealership for Ashok Leyland in India.
Strengths
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Leading automotive dealership for major OEMs with a strong focus on high growth segments
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Growing presence in after-sales segment leading predictable growth in revenues and superior margins;
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Comprehensive business model capturing entire customer value-chain;
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Robust business processes leveraging technological innovation and digitalization
Company Promoters
Promoters Holding
Issue For IPO
41.38%
Pre Holding
41.38%
Post Holding
-
Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 1,956.10 (-11.80%) | 2,976.52 (52.20%) | 3,382.35 (13.60%) | |
| Gross Profit | 82.26 (114.70%) | 152.07 (84.90%) | 191.41 (25.90%) | |
| Net Income | 11.33 (139.40%) | 65.48 (477.90%) | 84.49 (29.00%) | |
| Assets | 534.68 (6.60%) | 733.24 (37.10%) | 932.73 (27.20%) | |
| Liabilities | 352.91 (6.10%) | 486.30 (37.80%) | 463.00 (-4.80%) |
Book Running Managers
- Axis Capital Ltd
- ICICI Securities Ltd
Registrar & Transfer Agent
MUFG Intime India Pvt Ltd
C-101 247 Park,L B S Marg,
Vikhroli West - Mumbai-400083 Phone : 91-22-49186000 Fax: 91-22-49186060
Company Contact Information
Landmark House Opp AEC SG HW,Thaltej Near Gurudwara,
Ahmedabad - 380059 Phone : 91-79-6618 5555 Email : companysecretary@landmarkindia.net https://www.grouplandmark.in
Offer Related Information
Initial public offering of 10,911,160* equity shares of face value of Rs. 5 each ("Equity Shares") of the company for cash at a price of Rs. 506 per equity share (including a share premium of Rs. 501 per equity share) ("Offer Price") aggregating to Rs. 552.00* crores ("Offer"). The offer comprised a fresh issue of 2,966,498* equity shares aggregating to Rs. 150.00* crores ("Fresh Issue") and an offer for sale of 7,944,662* equity shares ("Offered Shares") aggregating to Rs. 402.00* crores,... More
News
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16 Dec 2022, 10:10 AM
Landmark Cars IPO ends with decent subscription
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15 Dec 2022, 17:40 PM
Landmark Cars IPO subscribed 3.06 times
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14 Dec 2022, 17:29 PM
Landmark Cars IPO subscribed 39%
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13 Dec 2022, 17:14 PM
Landmark Cars IPO subscribed 17%
Landmark Cars FAQ's
The shares of Landmark Cars were first listed on the stock exchanges on June 26, 2024.
The total issue size of the Landmark Cars IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they
The minimum lot size for Landmark Cars public issue was 125 shares.
The price band of the IPO of Landmark Cars was Rs. 114 to Rs. 120 per equity share.
Landmark Cars IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.
Bigshare Services Private Limited is the registrar and share transfer agent of Landmark Cars IPO.
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