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.
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 Dates | 13 – 15 December 2022 |
| Landmark Cars IPO Price | INR 481 – 506 per share |
| Fresh issue | INR 150 crore |
| Offer For Sale | INR 402 crore |
| Total IPO size | INR 552 crore |
| Minimum bid (lot size) | 29 shares (INR 14,674) |
| Face Value | INR 5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Landmark Cars Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 2,228.93 | 1,966.34 | 2,989.12 |
| Expenses | 2,253.58 | 1,946.56 | 2,906.84 |
| Net income | (28.94) | 11.15 | 66.18 |
| Margin (%) | (1.30) | 0.57 | 2.21 |
Landmark Cars Offer News
Landmark Cars Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | (7.84) | 3.09 | 17.88 |
| PE ratio | – | – | 26.90 – 28.30 |
| RONW (%) | (16.99) | 6.23 | 26.52 |
| NAV | 46.17 | 49.62 | 67.42 |
| ROCE (%) | 1.07 | 8.59 | 18.86 |
| EBITDA (%) | 3.73 | 6.11 | 6.27 |
| Debt/Equity | 2.12 | 1.80 | 1.25 |
Landmark Cars IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 21 Dec 2022 | (5) | – | – |
| 20 Dec 2022 | (5) | – | – |
| 19 Dec 2022 | – | – | – |
| 17 Dec 2022 | – | – | – |
| 16 Dec 2022 | – | – | – |
| 15 Dec 2022 | 20 | – | 300 |
| 14 Dec 2022 | 32 | – | 300 |
| 13 Dec 2022 | 35 | – | 350 |
| 12 Dec 2022 | 45 | – | – |
| 10 Dec 2022 | 45 | – | – |
| 9 Dec 2022 | 55 | – | – |
Landmark Cars IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employee | Total |
| Shares Offered | 22,91,061 | 17,18,295 | 40,09,355 | 23,094 | 80,41,805 |
| 15 Dec 2022 | 8.71 | 1.32 | 0.59 | 2.93 | 3.06 |
| 14 Dec 2022 | 0.09 | 0.84 | 0.36 | 2.18 | 0.39 |
| 13 Dec 2022 | 0.00 | 0.39 | 0.17 | 1.20 | 0.17 |
Landmark Cars IPO Reviews – Subscribe or Avoid?
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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:Â +91 22 4918 6200Â
Email: [email protected]
Website:Â www.linkintime.co.in
Landmark Cars Contact Details
LANDMARK CARS LIMITED
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]
Website: www.grouplandmark.in
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 Date | 13 December 2022 |
| Landmark Cars IPO Closing Date | 15 December 2022 |
| Finalisation of Basis of Allotment | 20 December 2022 |
| Initiation of refunds | 21 December 2022 |
| Transfer of shares to demat accounts | 22 December 2022 |
| Landmark Cars IPO Listing Date | 23 December 2022 |
| Opening Price on NSE | INR 471 per share (down 6.92%) |
| Closing Price on NSE | INR 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.
