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Landmark Cars Ltd.

Landmark Cars Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹506
₹506
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹506
Based on GMP
Min. Investment
₹14,674
1 lot × 29 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
13 Dec 2022
Close Date
15 Dec 2022
Allotment
20 Dec 2022
Listing Date
23 Dec 2022
Exchange
NSE & BSE
Price Band
₹506
Listing Price
See chart
Allotment Status
Price Band
₹506
Per share
Face Value
₹5 per share
 
Lot Size
29 Shares
per lot
Issue Size
1,09,11,160 shares (aggregating up to ₹552.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,674
1 lot
Pre-IPO Holding
3,66,25,620 shares
Promoters
Post-IPO Holding
3,95,92,118 shares
Promoters
P/E (Pre)
27.61x
 
UPI Deadline
2022-12-15
Mandate
Anchor AllotmentMon, 12 Dec 2022
Basis of AllotmentTue, 20 Dec 2022
Refund InitiationWed, 21 Dec 2022
Demat CreditThu, 22 Dec 2022
Listing DayFri, 23 Dec 2022
UPI Mandate Deadline2022-12-15
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares29,66,498 shares (aggregating up to ₹150.08 Cr)
Offer for Sale79,44,662 shares of ₹5 (aggregating up to ₹401.92 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Landmark Cars Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Dec 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
10,911,160
100% ₹552.10
IPO Shares Offered
Landmark Cars Ltd. IPO total issue size: ₹552.10 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 10,911,160 ₹552.10
100.00%
* Based on upper price band ₹506 per share
Lot Size & Investment
Lot Size
29
Shares per Lot
Issue Price
₹506.00
Upper Band
Min Investment
₹14,674
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)258₹29,348
Retail (Max — 13 Lots)13377₹190,762
S-HNI (Min — 14 Lots)14406₹205,436
B-HNI (Min — 69 Lots)692,001₹1,012,506
* Issue Price ₹506 × Lot Size 29 shares
IPO Schedule
Anchor
12 Dec 2022
✓ Done
IPO Open
13 Dec 2022
✓ Done
IPO Close
15 Dec 2022
✓ Done
Allotment
20 Dec 2022
✓ Done
Refunds
21 Dec 2022
✓ Done
Demat Credit
22 Dec 2022
✓ Done
Listing Day
23 Dec 2022
✓ Done
Landmark Cars Ltd. — Live Price LIVE
₹506.00
INR · BSE
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Issue ₹506.00 Live Price
About Landmark Cars Ltd.
Incorporated in 1998, Landmark Cars Limited is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. The company also cater to the commercial vehicle retail business of Ashok Leyland in India.Landmark Cars offers services such as sales of new vehicles, after-sales service and repairs (including sales of spare parts, lubricants and accessories), sales of pre-owned passenger vehicles and facilitation of the sales of third-party finance and insurance products.The company has expanded the network to include 112 outlets in 8 Indian states, comprised of 61 sales showrooms and outlets and 51 after-sales services and spare outlets, as of September 30, 2021.Landmark Cars Limited vehicle dealership network is spread across 31 cities in eight states and union territories including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal and the National Capital Territory of Delhi.The company operate as an authorized service centre for Mercedes-Benz, Honda, Volkswagen, Jeep, Renault and Ashok Leyland. Landmark Cars also provide after-sales service and repairs through 51 after-sales services and spare outlets, as of September 30, 2021.The company's business model captures the entire customer value chain including retailing new vehicles, servicing and repairing vehicles, selling spare parts, lubricants and other products, selling pre-owned passenger vehicles and distribution of third-party finance and insurance products.
Objects of the Issue
1
1 Pre-payment, in full or in part, of borrowings availed by the Subsidiaries
2
2 General corporate purposes
Landmark Cars Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,966.3
31-Mar-21
₹2,228.9
31-Mar-20
₹2,834.6
31-Mar-19
Profit After Tax (PAT)
₹11.2
31-Mar-21
-₹28.9
31-Mar-20
-₹24.4
31-Mar-19
Particulars31-Mar-1931-Mar-2031-Mar-21
Revenue from Operations 2834.62 2228.93 1966.34
EBITDA N/A N/A N/A
Profit After Tax (PAT) -24.43 -28.94 11.15
Net Worth 187.96 169.12 181.78
Total Assets 1008.03 831.77 887.90
Reserves & Surplus N/A N/A N/A
Borrowings 478.78 357.91 327.44
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,09,11,160 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,66,25,620 shares
Post-Issue Promoter Holding3,95,92,118 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
ICICI Securities Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Landmark Cars Ltd. IPO subscribed?

Landmark Cars Ltd. IPO is subscribed 1.00 times by Dec 15, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Landmark Cars Ltd. IPO retail subscription status?

The Landmark Cars Ltd. IPO retail category is subscribed 1.00 times as of 15 Dec 2022. The retail portion is oversubscribed.

How to subscribe Landmark Cars Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 13 Dec 2022 and closes 15 Dec 2022. Min investment: ₹14,674 (1 lot = 29 shares). UPI mandate: 2022-12-15.

How many times Landmark Cars Ltd. IPO subscribed?

The Landmark Cars Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Landmark Cars Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 20 Dec 2022. Refunds: on 21 Dec 2022.

When Landmark Cars Ltd. IPO will be listed?

The Landmark Cars Ltd. IPO listing date is 23 Dec 2022, Friday. Listed on: NSE & BSE. Issue price: ₹506. Estimated listing: ₹506. GMP: NIL.

When Landmark Cars Ltd. IPO close?

The Landmark Cars Ltd. IPO closes on 15 Dec 2022, Thursday. UPI mandate: 2022-12-15. Allotment: 20 Dec 2022. Listing: 23 Dec 2022.