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

Landmark Cars IPO

Table of Contents


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

IPO Open:December 13, 2022
IPO Close:December 15, 2022
IPO Size:Approx ₹552 Crores
Fresh Issue:Approx ₹150 Crores
Offer for Sale:Approx ₹402 Crores, 26,900,530 Shares
Face Value:₹5 Per Equity Share
IPO Price Band:₹481 to ₹506 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:₹48 for Employees
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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.

ApplicationLot SizeSharesAmount
Retail Minimum129₹14,674
Retail Maximum13377₹190,762
S-HNI Minimum14406₹205,436
B-HNI Minimum692001₹10,12,506

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.

Price Band Announcement:December 7, 2022
Anchor Investors Allotment:December 12, 2022
IPO Open Date:December 13 2022
IPO Close Date:December 15 2022
Basis of Allotment:December 20, 2022
Refunds:December 21, 2022
Credit to Demat Account:December 22, 2022
Landmark Cars IPO Listing Date:December 23, 2022

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

  ₹ in Crores
YearRevenueExpensePAT
2020₹2229₹2256₹28.94
2021₹1966₹1947₹11.15
2022 6M₹1420₹1391₹27.95

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.

Earning Per Share (EPS):₹3.09 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):6.23%
Net Asset Value (NAV):₹49.62 per Equity Share

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

What is Landmark Cars IPO?

Landmark Cars IPO is a main-board IPO. They are going to raise ₹552 Crores via IPO. The issue is priced at ₹481 to ₹506 pr equity share. The IPO is to be listed on BSE & NSE.

When Landmark Cars IPO will open?

The IPO is to open on December 13, 2022 for QIB, NII, and Retail Investors.

What is Landmark Cars IPO Investors Portion?

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

How to Apply the Landmark Cars IPO?

You can apply for Landmark Cars IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Landmark Cars IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Landmark Cars”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Landmark Cars IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Landmark Cars”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Landmark Cars IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Landmark Cars”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Landmark Cars IPO Size?

Landmark Cars IPO size is ₹552 crores.

What is Landmark Cars IPO Price Band?

Landmark Cars IPO Price Band is ₹481 to ₹506.

What is Landmark Cars IPO Minimum and Maximum Lot Size?

The minimum bid is 29 Shares with ₹14,674 amount while the maximum bid is 377 shares with ₹190,762.

What is the Landmark Cars IPO Allotment Date?

Landmark Cars IPO allotment date is December 20, 2022.

What is the Landmark Cars IPO Listing Date?

Landmark Cars IPO listing date is December 23, 2022. The IPO is to list on BSE and NSE.

Note: The Landmark Cars IPO price band and date are officially announced. The IPO grey market premium (Landmark Cars IPO Premium) will be added to the IPO grey market page as it will start).

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