Landmark Cars IPO Date, Review, Price, Allotment, Analysis

Landmark Cars IPO Details: Landmark Cars IPO date is fixed, the IPO is to hit the market on December 13 and will close on December 15. Landmark Cars IPO to raise around ₹552 crores via IPO that comprises fresh issue of ₹150 crores and offer for sale up to ₹402 of ₹5 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Landmark Cars Limited is one of the largest networks of a car dealerships in the country with 115 state-of-art facilities in eight states. They have dealerships for premium automobile brands like Mercedes-Benz, Volkswagen, Honda, Jeep, Renault, and BYD. They also do commercial vehicle retail business in Ashok Leyland in India.

They have a presence across the automotive retail value chain, including sales of new vehicles, and after-sales service sales of pre-owned passenger vehicles. They have a network of 112 outlets in 8 states, with 60+ sales showrooms and 50+ after-sales services. They have a huge dealership network in 30+ cities and union territories including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and the National Capital Territory of Delhi. Landmark Cars raised Rs 165 crore via anchor book ahead of IPO.

Objects of the Issue

• Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company and Subsidiaries.
• General corporate purposes.

Landmark Cars IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Arihal Capital: Apply
• Capital Market: May Apply

Landmark Cars IPO Date & Price Band Details

Landmark Cars IPO Market Lot

The Landmark Cars IPO minimum market lot is 29 shares with ₹14,674 application amount. The retail investors can apply up-to 13 lots with 377 shares or ₹190,762 amount.

Landmark Cars IPO Allotment & Listing Dates

The Landmark Cars IPO date is December 13 and the close date is December 15. The Landmark Cars IPO allotment will be finalized on December 20 and the IPO listing on December 23.

You can check IPO subscription status and IPO allotment status on their respective pages.

Landmark Cars IPO Form

How to apply for the Landmark Cars IPO? You can apply for Landmark Cars IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Landmark Cars IPO in the Invest section. The other option is you can apply for Landmark Cars IPO via IPO forms downloaded via NSE and BSE. Check out the Landmark Cars forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Landmark Cars Company Financial Report

Landmark Cars IPO Valuation – FY2021

Check Landmark Cars IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• Sanjay Karsandas Thakker

Landmark Cars IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Landmark Cars IPO Allotment Status Check

Check Landmark Cars IPO allotment status on Linkintime website allotment URL. Click Here

Landmark Cars IPO Lead Managers

• ICICI Securities Limited
• Axis Capital Limited

Company Address

Landmark Cars Limited
Landmark House, Opp. AEC, S.G. Highway,
Thaltej, Near Gurudwara,
Ahmedabad 380 059,
Phone: +91 79 6618 5555
Email: [email protected]
Website: https://www.grouplandmark.in/

Landmark Cars IPO FAQs