IPO

Landmark Cars Limited IPO

Mainboard

Auto -Dealer

Listed On: Dec 23, 2022 at ₹ 471.0(NSE)

₹ 14674 /29 Shares

Check Allotment

13 Dec, 2022

Open Date

15 Dec, 2022

Close Date

20 Dec, 2022

Allotment Date

23 Dec, 2022

Listing Date
Price Summary

Last Closing

507.00 (0.2%)

52 Week High

662.80

52 Week Low

329.80

Last Update

19-Dec-2025 3:30 PM
Landmark Cars Limited IPO Issue Details
  • Issue Price ₹481-506 per equity share
  • Face Value ₹5 Per Equity Share
  • Issue Price 10,909,091 shares of ₹5 (aggregating up to ₹552.00 Cr)

    #Fresh Issue: 2,964,427 shares of ₹5 (aggregating up to ₹150.0 Cr)

    #Offer for Sale: 7,944,664 shares of ₹5 (aggregating up to ₹402.0 Cr)
  • Listing at BSE, NSE
  • List Price 471.0(NSE)
  • Listing Date 2022-12-23
  • Lead Manager Axis Capital Limited,ICICI Securities Limited
  • Registrar Link Intime India Private Ltd
Landmark Cars Limited IPO Details
  • Retail Portion 35% (Number of Retail Applications : 1,31,390 Approx),
    (Number of sHNI Applications : 1,340 Approx),
    (Number of bHNI Applications : 2,680 Approx)
Landmark Cars Limited IPO Documents
DRHP
RHP
Landmark Cars Limited IPO Details


The IPO of Landmark Cars Limited is priced at ₹481-506 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from Dec 13, 2022 and ends on Dec 15, 2022. The allotment for Landmark Cars Limited IPO will be finalized on Dec 20, 2022. Landmark Cars Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 23, 2022. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital Limited,ICICI Securities Limited.


The Landmark Cars Limited IPO sets its price band at 481-506 for each share. A single application for Landmark Cars Limited IPO must contain at least 29 shares.

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Landmark Cars Limited IPO Subscription Analysis And Details
Retail
0.59x
QIB
8.71x
NII
1.32x
bNII
1.59x
sNII
0.78x
Total
3.06x
As on QIB NII
bNII   sNII 		Retail Employee Total
Shares Offered / Reserved 2,291,061 1,718,295
1,145,530    572,765 		4,009,355 23,094 8,041,805
Day 1 13-12-22 05:00 PM
0.00 x 0.39
0.55 x   0.07 x 		0.17 x 1.20 x 0.17 x
Day 2 14-12-22 05:00 PM
0.09 x 0.84
1.15 x   0.22 x 		0.36 x 2.18 x 0.39 x
Day 3 15-12-22 05:00 PM
8.71 x 1.32
1.59 x   0.78 x 		0.59 x 2.93 x 3.06 x
Landmark Cars Limited Valuations
Earnings Per Share (EPS) ₹3.09/-
P/E Ratio N/A
RoNW 6.23%
Net Asset Value (NAV) - As on 31.03.22 ₹49.62
Landmark Cars Limited Company Financials
In Crs.
In Cr.
30-Jun-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 1209.37 1085.38 887.9 831.77
Revenue 801.9 2989.12 1966.34 2228.93
Profit After Tax 18.14 66.18 11.15 -28.94
About Landmark Cars Limited Company

Incorporated in 1998, Landmark Cars Limited is the leading 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.Landmark Cars offers services such as 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 finance and insurance products.
The company has expanded the network to include 112 outlets in 8 Indian states, comprised of 61 sales showrooms and outlets and 51 after-sales services and spare outlets, as of September 30, 2021.
Landmark Cars Limited 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.
The company operate as an authorized service centre for Mercedes-Benz, Honda, Volkswagen, Jeep, Renault and Ashok Leyland. Landmark Cars also provide after-sales service and repairs through 51 after-sales services and spare outlets, as of September 30, 2021.
The company's business model captures the entire customer value chain including retailing new vehicles, servicing and repairing vehicles, selling spare parts, lubricants and other products, selling pre-owned passenger vehicles and distribution of third-party finance and insurance products.

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Landmark Cars Limited - Promoter(s)

Sanjay Karsandas Thakker

Pre Issue Share Holding : 60.24%

Post Issue Share Holding : 44.61%

Landmark Cars Limited IPO - Issue Objectives
1

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

2

General corporate purposes.

Landmark Cars Limited IPO - Anchor Investors

Landmark Cars mobilises Rs 165 crore via anchor book ahead of IPO.
Total 14 investors made an investment in the company via anchor book including HDFC Mutual Fund, Nippon Life India, Goldman Sachs, Aditya Birla Sun Life, Pinebridge Global Funds, Edelweiss, Maven India Fund, BNP Paribas Arbitrage, Resonance Opportunities Fund, and Morgan Stanley.