Landmark Cars
CMP
648.15
+2.25 (0.35%)
₹506
Offer Price
₹ 552.00 Cr
Issue Size
₹ 14,674
Min Investment
3.06x
Times Subscribed
29
Lot size
Time Line
-
13Dec 2022Open
-
15Dec 2022Close
-
20Dec 2022Finalisation of Basis of Allotment
-
21Dec 2022Initiation of Refunds
-
22Dec 2022Transfer of Shares to Demat Account
-
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
-
Expand its after-sales service business
-
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
-
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.
-
The Company also has a commercial vehicle dealership for Ashok Leyland in India.
Strengths
-
Leading automotive dealership for major OEMs with a strong focus on high growth segments
-
Growing presence in after-sales segment leading predictable growth in revenues and superior margins;
-
Comprehensive business model capturing entire customer value-chain;
-
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-2022 | Mar-2023 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 2,976.52 (52.20%) | 3,382.35 (13.60%) | 18.04 (-) | |
| Gross Profit | 2,976.52 (52.20%) | 3,382.35 (13.60%) | 18.04 (-) | |
| Net Income | 2,976.52 (52.20%) | 3,382.35 (13.60%) | 18.04 (-) | |
| Assets | 2,976.52 (52.20%) | 3,382.35 (13.60%) | 18.04 (-) | |
| Liabilities | 2,976.52 (52.20%) | 3,382.35 (13.60%) | 18.04 (-) |
Book Running Managers
- Axis Capital Ltd
- ICICI Securities Ltd
Registrar & Transfer Agent
Link 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
-
15 Dec 2022, 17:40 PM
Landmark Cars IPO subscribed 3.06 times
-
14 Dec 2022, 17:29 PM
Landmark Cars IPO subscribed 39%
-
13 Dec 2022, 17:14 PM
Landmark Cars IPO subscribed 17%
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