The leading premium automotive dealerships company Landmark Cars IPO will be hit the market 13 December 2022 and closes on 15 December 2022. The Company filed the RHP for this IPO. According to RHP, the company wants to raise ₹552.00 crore through IPO. The company will issue fresh shares of ₹150.00 crores through this IPO and will issue shares through offer for sale of ₹402.00 crores.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
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. You can check to know Landmark Cars IPO GMP here.
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.
| Read also: Upcoming IPO List 2022 |
The company started our operations and opened our first dealership for Honda in CY1998, and the company has expanded our network to include 112* outlets in 8 Indian states, comprised of 61 sales showrooms and outlets and 51* after-sales service and spares outlets, as of September 30, 2021. The comany is focused on the premium and luxury automotive segments. You can check to know Landmark Cars IPO subscription status here.
The company vehicle dealership network is spread across 31 cities in eight states and union territories including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal and the National Capital Territory of Delhi. These states constituted more than 51% of Indian vehicle demand in Fiscal 2021. you can check Landmark Cars IPO Allotment Status here.
The company recently signed a letter of intent with the automaker BYD, a leading player in the global EV market (according to the CRISIL Report, December 2021), for our Company to be their dealer in the National Capital Region (Delhi) and Mumbai in respect of their electric passenger vehicles.
Object Of the Issue :
- Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company and Subsidiaries.
- General corporate purposes.
Company Strengths :
- Leading automotive dealership for major OEMs with a strong focus on high growth segments.
- Growing presence in after-sales segment leading predictable growth in revenues and superior margins.
- Comprehensive business model capturing entire customer value-chain.
- Robust business processes leveraging technological innovation and digitalization.
- Profitable and improving balance sheet.
- Experienced Promoter and professional management team with technical expertise.
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 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 Shares Offer :
A Total of 10,909,091 shares are to be bid for the public issue by Landmark Cars IPO with 2,964,427 for Fresh issue and 7,944,664 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 2,964,427 | ₹150.00 Cr |
| Offer For Sale : | 7,944,664 | ₹402.00 Cr |
| Total : | 10,909,091 | ₹552.00 Cr |
Landmark Cars IPO Reservation :
Landmark Cars IPO Total Reservation of 10,909,091 shares are to be bid for the public issue by Landmark Cars IPO with 5,454,546 for QIB and 1,636,364 for NII 3,818,182 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 5,454,546 | ₹276.00 Cr |
| NII : | 15% | 1,636,364 | ₹82.80 Cr |
| RII : | 35% | 3,818,182 | ₹193.20 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 10,909,091 | ₹552.00 Cr |
Landmark Cars IPO EPS & RoNW :
The Landmark Cars company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
| 2022 | ₹17.88 | 26.52% |
| 2021 | ₹3.09 | 6.23% |
| 2020 | ₹-7.84 | –16.99% |
| 2019 | ₹-7.01 | -13.44% |
Landmark Cars IPO Peer Comparison PE :
The Landmark Cars, According to DRHP of the company, there are no listed companies in India listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | There are no listed companies in India | – |
Landmark Cars IPO Dates :
Landmark Cars IPO Date is 13 December 2022 and closes on 15 December 2022. The allotment will be finalized on 20 December 2022 and the IPO may list on 23 December 2022.
| Open Date : | 13 December 2022 |
| Close Date : | 15 December 2022 |
| Allotment Date : | 20 December 2022 |
| Refund Date : | 21 December 2022 |
| Share Credit Date : | 22 December 2022 |
| Listing Date : | 23 December 2022 |
Landmark Cars IPO Form :
There are two ways to apply in Landmark Cars IPO. You can apply for Landmark Cars IPO through ASBA available in your bank account. You have to go to your online bank login and select Landmark Cars IPO in the Invest section and apply through your bank account. Another option is you can apply for Landmark Cars IPO through IPO form download through NSE and BSE. See the Landmark Cars IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Landmark Cars Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹29,891.16 | ₹29,068.42 | ₹661.82 |
| 2021 | ₹19,663.43 | ₹19,465.62 | ₹124.66 |
| 2020 | ₹22,289.33 | ₹22,535.75 | ₹-289.39 |
| 2019 | ₹28,346.16 | ₹28,521.68 | ₹-244.88 |
Company Promoters :
■ Sanjay Karsandas Thakker
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Landmark Cars IPO Lead Managers :
■ Axis Capital Limited
■ ICICI Securities Limited
Landmark Cars IPO Registrar :
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg Vikhroli (West),
Mumbai 400 083, Maharashtra
Telephone: +91 22 4918 6200
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Landmark Cars IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Landmark Cars Limited
Landmark House, Opp. AEC
S.G. Highway, Thaltej
Near Gurudwara
Ahmedabad 380 059, Gujarat, India
Telephone: +91 79 6618 5555
Website: www.grouplandmark.in
Landmark Cars IPO FAQs :
What is Landmark Cars IPO?
Landmark Cars IPO is Mainboard IPO. They are going to raise ₹552.00. Crores via IPO. The issue is priced at ₹481-₹506 per equity share. The IPO is to be listed on NSE, BSE.
When Landmark Cars IPO will open?
The IPO is to open on 13 Dec – 15 Dec for QIB, NII & RII.
What is Landmark Cars IPO Size?
Landmark Cars IPO size is ₹552.00 Crores.
What is the Fresh issue size of Landmark Cars IPO?
The Fresh issue size of Landmark Cars IPO ₹150.00 Cr.
What is the Offer For Sale size of Landmark Cars IPO?
The Offer For Sale size of Landmark Cars IPO ₹402.00 Cr.
What is Landmark Cars IPO Price Band?
Landmark Cars IPO Price Band is ₹481-₹506 Per share.
What is Landmark Cars IPO Minimum and Maximum Lot Size?
The minimum 29 Shares with ₹14,674 amount while the maximum 377 shares with ₹190,762.
What is Landmark Cars IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
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 NSE, BSE.
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 Subscription: Click Here Landmark Cars IPO Allotment: Click Here Landmark Cars IPO Listing: Click Here Landmark Cars IPO Web Story: 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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