The Landmark Cars IPO Subscription Status has started 13 December 2022 and it is also being subscribed by QIB and NII & RII. let you know that the Landmark Cars IPO has opened on 13 December 2022 and closes on 15 December 2022. Which will be subscribed by 15 December 2022. Landmark Cars IPO is preparing to raise ₹552.00 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹150 Crores and Offer Sale of ₹402.00 Crores. and Landmark Cars IPO Price Band is Fixed ₹481 to ₹506 per share. Check Landmark Cars IPO GMP Here.
Landmark Cars Limited is the leading premium 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.
The company has a presence across the automotive retail value chain, including 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 financial and insurance products.
Landmark Cars IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Landmark Cars IPO Subscription Status, you can see the below-day Subscription. you can check Landmark Cars IPO Allotment Status here.
Landmark Cars IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹66.18 Cr (March 2022) |
| Issue Price : | ₹506/ EQ (Cut Off) |
| EPS 2022 : | ₹17.88 (March 2022) |
| PE Ratio : | 28.29 (PE Approx) |
| RoNW : | 26.52% (March 2022) |
| NAV Value : | ₹67.42 (March 2022) |
| Total Assets : | ₹1209.37 Cr (June 2022) |
| Market Cap : | ₹1853.25 Cr Approx |
| Promoter Holding : | 60.24% Pre Issue 44.61% Post Issue |
| Team Review : | ● Landmark Cars Limited is the leading premium premium automotive retail business in India. ● The PE ratio of the company is very Attractive. ● The company financial performance strong Boost last year. ● The GMP also Suggest 5% Premium of this IPO . ● The company cash surplus investors may consider investment for a long-term. ● The company promoter stake will decrease lower side but will hold 44.61% stake after issue which is good. ✔ Apply For Long Term |
Landmark Cars IPO Subscription Status {Live Update} :
The total Landmark Cars IPO Subscription Status subscribed 3.06x times so far, with QIB subscribed 8.71x and NII subscribed 1.32x times & RII 0.59x times and EMP 2.93x times on Day 3. {Update Time : 15 Dec 2022 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.09x | 8.71x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.39x ______ 0.55x 0.07x | 0.84x ______ 1.15x 0.22x | 1.32x ______ 1.59x 0.78x |
| RII : | 0.17x | 0.36x | 0.59x |
| EMP : | 1.20x | 2.18x | 2.93x |
| Total : | 0.17x | 0.39x | 3.06x |
Landmark Cars IPO Net Shares Offered:
Landmark Cars IPO is a public issue of 80,41,805 equity shares. The issue offers 22,91,061 shares to qualified institutional buyers, 17,18,295 shares to non-institutional investors, and 40,09,355 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 22,91,061 | 115.93 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 17,18,295 ______________ 11,45,530 5,72,765 | 86.95 Cr _______ 57.96 Cr 28.98 Cr |
| RII : | 40,09,355 | 202.87 Cr |
| EMP : | 23,094 | 1.16 Cr |
| Total : | 80,41,805 | 406.92 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Landmark Cars IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 13 December 2022 |
| IPO Close : | 15 December 2022 |
| IPO Size : | ₹552.00. Cr {10,909,091 Shares} |
| Face Value : | ₹5. Equity Share |
| Price Band : | ₹481–₹506 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹552.00. Cr {10,909,091 Shares} |
| Fresh Issue : | ₹150.00 Cr {10,909,091 Shares} |
| Offer For Sale : | ₹402.00 Cr {10,909,091 Shares} |
| EMP Discount : | ₹48.00 |
Landmark Cars IPO Market Lot :
Landmark Cars IPO Minimum Market lot is 1 Lot with 29 shares with ₹14,674 Application amount. The retail investors can apply up to 13 lots with 377 Shares or ₹190,762 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 29 | ₹14,674 |
| Retail Maximum : | 13 | 377 | ₹190,762 |
| S-HNI Minimum : | 14 | 406 | ₹205,436 |
| B- HNI Minimum : | 69 | 2001 | ₹10,12,506 |
Landmark Cars IPO Subscription Status FAQs :
How much was the total Landmark Cars IPO Subscription Status?
The total Landmark Cars IPO Subscription Status 0.0x times Day 1.
What is the Landmark Cars IPO retail subscription Status?
Landmark Cars IPO Retail Subscription 0.0x times Day 1.
How much is the Landmark Cars IPO QIB subscription Status?
The Landmark Cars IPO QIB subscription 0.0x times Day 1.
How much did Landmark Cars IPO NII subscribe?
Landmark Cars IPO NII Subscription 0.0x times Day 1.
What is Landmark Cars IPO Allotment Date?
Landmark Cars IPO allotment date is 20 December 2022.
What is Landmark Cars IPO Listing Date?
Landmark Cars IPO listing date is 23 December 2022. The IPO to list on BSE and NSE.
How to Apply the Landmark Cars IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Landmark Cars IPO”. 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.
How to Apply the Landmark Cars IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Landmark Cars IPO”. 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.
How to Apply the Landmark Cars IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Landmark Cars IPO”. 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.
How to Apply the Landmark Cars IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Landmark Cars IPO”. 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.
| Landmark Cars IPO GMP: Click Here Landmark Cars IPO Details: Click Here Landmark Cars IPO Allotment: Click Here Landmark Cars IPO Listing: Click Here |
All Landmark Cars IPO-related links are available here. If you want to know the details then click on Click Here Link.
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