Landmark Immigration Consultants Limited IPO
BSE SMEListed On: Jan 23, 2025 at ₹ 75.0
₹ 230400 /3200 Shares
*Min Investment
16 Jan, 2025
Open Date20 Jan, 2025
Close Date21 Jan, 2025
Allotment Date23 Jan, 2025
Listing DateLandmark Immigration Consultants IPO Issue Details
- Issue Price ₹70-72 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 56,00,000 shares(aggregating up to ₹40.32 crore)
- Fresh Share 56,00,000 shares(aggregating up to ₹40.32 crore)
- Listing at BSE SME
- List Price 75.0
- Listing Date 2025-01-23
- Lead Manager Shreni Shares Limited
- Registrar Kfin Technologies Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,15,200 |
| Retail(max) | 1 | 1600 | ₹1,15,200 |
| NII (min) | 2 | 3,200 | ₹2,30,400 |
Landmark Immigration Consultants IPO Reservation
Landmark Immigration Consultants IPO offers total 56,00,000 shares. Out of which 12,36,800 (22.09%) allocated to QIB, 11,50,400 (20.54%) allocated to NII,20,80,000 (37.14%) allocated to RII, NA (NA%) allocated to employees and 8,48,000 (15.14%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 8,48,000 (15.14%) | |
| Market Maker Shares Offered | 2,84,800 (5.09%) | |
| QIB Shares Offered | 12,36,800 (22.09%) | |
| NII (HNI) Shares Offered | 11,50,400 (20.54%) | |
| Retail Shares Offered | 20,80,000 (37.14%) | |
| Total Shares Offered | 56,00,000 (100%) |
Landmark Immigration Consultants IPO Details
Landmark Immigration Consultants Limited IPO is an SME IPO, priced at ₹70-72 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 56,00,000 equity shares, aggregating up to ₹40.32 crores..
The IPO bidding window is open from Jan 16, 2025 to Jan 20, 2025. The allotment is expected to be finalized on Jan 21, 2025, and the tentative listing date is Jan 23, 2025.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,15,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,30,400.
Shreni Shares Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Shreni Shares Limited will act as the market maker for this issue.
Landmark Immigration Consultants IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 12,36,800 / 9,52,000 | 20,80,000 | 44,67,200 |
Day 1 16-01-25 06:00 PM | 1.12 / 0.90 x | 2.77 x | 1.79 x |
Day 2 17-01-25 06:00 PM | 1.13 / 5.54 x | 10.29 x | 6.28 x |
Day 3 20-01-25 06:00 PM | 35.58 / 116.71 x | 81.87 x | 72.84 x |
Landmark Immigration Consultants Valuations
Landmark Immigration Consultants Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 4,431.51 | 3,625.3 | 3,611.51 |
| Revenue | 3,707.03 | 2,162.62 | 1,931.54 |
| Profit After Tax | 1,111.83 | 443.48 | 393.53 |
| Net Worth | 3,675.31 | 2,563.49 | 2,120.01 |
| Reserves & Surplus | 2,174.31 | 2,562.49 | 2,119.01 |
| Total Borrowing | 73.69 | 250.62 | 527.34 |
About Landmark Immigration Consultants Company
In the year 2010, Landmark Immigration Consultants Limited was incorporated; it is a global consultancy service.
The company provides global education consultancy for students wanting to study abroad and immigration consultancy service for Canada visas, tourism, business, and permanent residency.
The company provides international education and immigration consultancy through 9 fully serviced branches, tie-ups with more than 30 institutions in Canada, with specific consultants and training facility. Company has signed 3 Franchise Agreements at Jammu, Jind, and Karnal.
Services:
International Education Consultancy Services: Consultancy for education, education loan guidance, scholarship, admission application formalities, Training for Language proficiency tests, Study/Schooling Visa
Immigration consultancy services: Tourist Visa/Business Visa, Permanent Residency Visa.
As of September 30, 2024, the company had approximately 128 employees on a payroll basis.
Landmark Immigration Consultants - Promoter(s)
Mr. Jasmeet Singh Bhatia
Ms. Richa Arora
Pre Issue Share Holding : 97.92%
Post Issue Share Holding : 71.31%
Landmark Immigration Consultants IPO - Issue Objectives
Capital expenditure to be incurred by the Company for setting up new branches
Advertisement expenses towards enhancing the awareness and visibility of the brand
Pursuing Inorganic growth initiatives through Acquisitions
General corporate purposes
Landmark Immigration Consultants IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Land Immigration Consultants Limited | 7.41 | N/A | 24.49 | N/A | 30.25 | 3 | Restated Financial Statements |
| Winny Immigration & Education Services Limited | 11.91 | N/A | 15.2 | 27.71 | 17.02 | 22 | Restated Financial Statements |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on January 9, 2025, divided by the Basic EPS as of March 31, 2024.
- Return on Net Worth (%) = Net profit after tax, as restated / Average shareholders' equity (including minority interest) as restated at year/period end.
- NAV is computed as the closing net worth (excluding minority interest) divided by the closing outstanding number of equity shares.
- Net worth means the aggregate value of the paid-up share capital of the Company and all reserves created out of profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, miscellaneous expenditure not written off, as per the restated balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation as at year/period end, as per Restated Financial Statement of Assets and Liabilities of the Company.
Contact Details
Landmark Immigration Consultants
SCO-95 97 2nd Floor, Sector 17 D,, Chandigarh G.P.O., 160017
+ 91 9041088824
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Landmark Immigration Consultants IPO - FAQs
Ans. Landmark Immigration Consultants Limited IPO is a SME IPO. The issue is priced at ₹70-72 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jan 16, 2025, and closes on Jan 20, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Landmark Immigration Consultants Limited IPO opens on Jan 16, 2025 and closes on Jan 20, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Landmark Immigration Consultants Limited IPO is 56,00,000 shares(aggregating up to ₹40.32 Cr).
Ans. The Landmark Immigration Consultants Limited IPO price band is set between ₹70-72 per equity share.
Ans. To apply for Landmark Immigration Consultants Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Landmark Immigration Consultants Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Landmark Immigration Consultants Limited IPO is Jan 21, 2025.
Ans. The Landmark Immigration Consultants Limited IPO will be listed on Jan 23, 2025.
Ans. Follow the steps to check the Landmark Immigration Consultants Limited IPO allotment status online.
