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Landmark Cars Limited, a company founded in 1998, is the top premium car retailer in India and has dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. The firm also serves Ashok Leyland’s Indian retail commercial vehicle industry.
Sales of new cars, after-sales servicing and maintenance (including the sale of spare parts, lubricants, and accessories), sales of used passenger cars, and facilitation of the sale of third-party finance and insurance products are just a few of the services provided by Landmark Cars.
As of September 30, 2021, the company’s network had grown to 112 locations in 8 Indian states, including 61 sales showrooms and outlets and 51 after-sales services and spares stores.
A total of 31 cities across eight states and a union territory, including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and the National Capital Territory of Delhi, make up the Landmark Cars Limited vehicle dealership network.
The business serves as a Mercedes-Benz, Honda, Volkswagen, Jeep, Renault, and Ashok Leyland approved service centre. As of September 30, 2021, Landmark Cars additionally offered after-sales maintenance and repairs through 51 after-sales service and spare store locations.
The business model of the company includes the distribution of third-party finance and insurance products, as well as the retailing of new vehicles, servicing and repairing of vehicles, sales of spare parts, lubricants, and other products, and sales of pre-owned passenger vehicles.
| IPO Date | Dec 13, 2022 to Dec 15, 2022 |
| Listing Date | Friday, December 23, 2022 |
| Face Value | ₹5 per share |
| Price | ₹481 to ₹506 per share |
| Lot Size | 29 Shares |
| Issue Size | 10,909,091 shares of ₹5 (aggregating up to ₹552.00 Cr) |
| Fresh Issue | 2,964,427 shares of ₹5 (aggregating up to ₹150.00 Cr) |
| Offer for Sale | 7,944,664 shares of ₹5 (aggregating up to ₹402.00 Cr) |
| Employee Discount | 48 |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| Company Promoters | Sanjay Karsandas Thakker is the company promoter. |
Period Ended | Total Assets | Total Revenue |
31-Mar-19 | 1008.03 | 2834.62 |
31-Mar-20 | 831.77 | 2228.93 |
31-Mar-21 | 887.9 | 1966.34 |
31-Mar-22 | 1085.38 | 2989.12 |
30-Jun-22 | 1209.37 | 801.9 |
Amount in ₹ Crore | ||
Profit After Tax | Net Worth | Total Borrowing |
-24.43 | 187.96 | 478.78 |
-28.94 | 169.12 | 357.91 |
11.15 | 181.78 | 327.44 |
66.18 | 246.94 | 308.49 |
18.14 | 268.27 | 464.36 |
Amount in ₹ Crore | ||
FY 2020 | |
EPS | (7.84) |
PE ratio | – |
RONW (%) | (16.99) |
NAV | 46.17 |
ROCE (%) | 1.07 |
EBITDA (%) | 3.73 |
Debt/Equity | 2.12 |
FY 2021 | FY 2022 |
3.09 | 17.88 |
– | 26.90 – 28.30 |
6.23 | 26.52 |
49.62 | 67.42 |
8.59 | 18.86 |
6.11 | 6.27 |
1.80 | 1.25 |
Listed On : BSE, NSE
Issue Price : [.] shares of ₹5 (aggregating up to ₹762.00 Cr)
NSE :LANDMARK
ISIN CODE : INE197J01017
BSE : 543714
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| Opening Date | Dec 13, 2022 |
| Closing Date | Dec 15, 2022 |
| Basis of Allotment | Dec 20, 2022 |
| Initiation of Refunds | Dec 21, 2022 |
| Credit of Shares to Demat | Dec 22, 2022 |
| Listing Date | Dec 23, 2022 |
Landmark House, Opp. AEC, S.G. Highway,
Thaltej, Near Gurudwara,
Ahmedabad 380 059,
Phone: +91 79 6618 5555
Email: companysecretary@landmarkindia.net
Website: https://www.grouplandmark.in/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: landmark.ipo@linkintime.co.in
Website: https://linkintime.co.in/
| QIB | 8.71 |
| NII | 1.32 |
| bNII (bids above ₹10L) | 1.59 |
| sNII (bids below ₹10L) | 0.78 |
| Retail | 0.59 |
| Employee | 2.93 |
| Total | 3.06 |
The Landmark Cars IPO is a BSE NSE IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹3,600.00 Crores. The issue is priced at ₹218 to ₹230 per equity share.
The issue size is priced at [.] Eq Shares of ₹1 (aggregating up to ₹3,600.00 Cr). The fresh issue size priced at [.] Eq Shares of ₹1 (aggregating up to ₹[.] Cr).
The initial public offering (IPO) begins on Jan 27, 2022 and ends on Jan 31, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Landmark Cars IPO opens on [.], 2022 and closes on [.], 2022.
Landmark Cars IPO Market lot size is [.] Shares and the minimum order quantity is [.] Shares.
The finalization of Basis of Allotment for Landmark Cars IPO will be done on [.], 2022. and the allotted shares will be credited to your demat account by [.], 2022. Check the Landmark Cars IPO status.
The Landmark Cars IPO listing date is on [.], 2022.
Landmark Cars IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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