Landmark Cars IPO GMP, Price, Date, Allotment


Last updated on December 23, 2022

Landmark Cars IPO GMP

Landmark Cars IPO description – The company is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. The company also caters to the commercial vehicle retail business of Ashok Leyland in India.

It 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, comprising of 61 sales showrooms and outlets and 51 after-sales services and spare outlets, as of September 30, 2021.

Landmark Cars Ltd

It operates 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.

Promoters of Landmark Cars Industries – Sanjay Karsandas Thakker

Landmark Cars IPO Details

Landmark Cars IPO Dates13 – 15 December 2022
Landmark Cars IPO Price INR 481 – 506 per share
Fresh issueINR 150 crore
Offer For SaleINR 402 crore
Total IPO sizeINR 552 crore
Minimum bid (lot size)29 shares (INR 14,674)
Face Value INR 5 per share
Retail Allocation35%
Listing OnNSE, BSE

Landmark Cars Financial Performance

 FY 2020FY 2021FY 2022
Net income(28.94)11.1566.18
Margin (%)(1.30)0.572.21
Figures in INR crore unless specified otherwise

Landmark Cars Offer News

Landmark Cars Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio26.90 – 28.30
RONW (%)(16.99)6.2326.52
NAV 46.1749.6267.42
ROCE (%)1.078.5918.86
EBITDA (%) 3.736.116.27
As per Consolidated Financial Information

Landmark Cars IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
21 Dec 2022(5)
20 Dec 2022(5)
19 Dec 2022
17 Dec 2022
16 Dec 2022
15 Dec 202220300
14 Dec 202232300
13 Dec 202235350
12 Dec 202245
10 Dec 202245
9 Dec 202255

Landmark Cars IPO Subscription – Live Updates

Shares Offered22,91,06117,18,29540,09,35523,09480,41,805
15 Dec 20228.711.320.592.933.06
14 Dec 20220.090.840.362.180.39
13 Dec 20220.000.390.171.200.17
As on 07:00:00 PM

Landmark Cars IPO Reviews – Subscribe or Avoid?

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Arihant Capital –
Ashika Research –
Asit C Mehta –
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Canara Bank Securities – Avoid
Choice Broking – Subscribe with caution
Dalal & Broacha –
Elite Wealth – Aggressive Investors can Apply
Geojit –
GEPL Capital – Subscribe
Hem Securities – Subscribe
ICICI direct – Unrated
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang – Subscribe for long term
Reliance Securities –
Religare Broking –
Samco Securities –
SMC Global – 2/5
Swastika Investmart –
Ventura Securities –

Landmark Cars Offer Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200 
Email: [email protected]

Landmark Cars Contact Details

Unit No. 201 to 203, Landmark, 2nd Floor,
G. M. Bhosale Marg, Worli,
Mumbai 400 018, Maharashtra, India
Phone: +91 22 6271 9040
E-mail: [email protected]

Landmark Cars IPO Allotment Status

Landmark Cars IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.

Landmark Cars IPO Dates & Listing Performance

Landmark Cars IPO Opening Date13 December 2022
Landmark Cars IPO Closing Date15 December 2022
Finalisation of Basis of Allotment20 December 2022
Initiation of refunds21 December 2022
Transfer of shares to demat accounts22 December 2022
Landmark Cars IPO Listing Date23 December 2022
Opening Price on NSEINR 471 per share (down 6.92%)
Closing Price on NSEINR 456.15 per share (down 9.85%)

Landmark Cars IPO FAQs

How many shares in Landmark Cars IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Landmark Cars Public Offer?

The best way to apply in Landmark Cars public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Landmark Cars IPO GMP today?

Landmark Cars IPO GMP today is a discount of INR 5 per share.

What is Landmark Cars kostak rate today?

Landmark Cars kostak rate today is INR NA per application.

What is Landmark Cars Subject to Sauda rate today?

Landmark Cars Subject to Sauda rate today is INR NA per application.


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