Landmark Immigration Consultants Limited IPO (Landmark Immigration IPO) Detail

Landmark Immigration IPO is a book built issue of Rs 40.32 crores. The issue is entirely a fresh issue of 56.00 lakh shares.

Landmark Immigration IPO bidding started from January 16, 2025 and ended on January 20, 2025. The allotment for Landmark Immigration IPO was finalized on Tuesday, January 21, 2025. The shares got listed on BSE SME on January 23, 2025.

Landmark Immigration IPO price band is set at ₹72 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,12,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,15,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,30,400.

Shreni Shares Private Limited is the book-running lead manager of the Landmark Immigration IPO, while Kfin Technologies Limited is the registrar for the issue.The market maker for Landmark Immigration IPO is Shreni Shares Limited.

Refer to Landmark Immigration IPO RHP for detailed information.

Landmark Immigration Consultants Ltd Stock Quote & Charts

• Open: ₹50.50
• High – Low: ₹50.60 – ₹48.39
• Previous Close: ₹49.21
• Total Traded Value: 24,000.00
• 52 Weeks High: ₹48.30 (Jan 23, 2025)
• 52 Weeks Low: ₹75.00 (Feb 24, 2025)
• Updated On: Jan 23, 2025 4:00 PM

Landmark Immigration IPO Details

Landmark Immigration IPO Reservation

Landmark Immigration IPO offers 56,00,000 shares. 12,36,800 (22.09%) to QIB, 11,50,400 (20.54%) to NII, 20,80,000 (37.14%) to RII and 8,48,000 (15.14%) to Anchor investors.

Landmark Immigration IPO Anchor Investors Details

Landmark Immigration IPO raises Rs 6.11 crore from anchor investors. Landmark Immigration IPO Anchor bid date is January 15, 2025. Landmark Immigration IPO Anchor Investors list

Landmark Immigration IPO Timeline (Tentative Schedule)

Landmark Immigration IPO opens on January 16, 2025, and closes on January 20, 2025.

Landmark Immigration IPO 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.

Landmark Immigration IPO Promoter Holding

Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue

About Landmark Immigration Consultants Limited

Incorporated in 2010, Landmark Immigration Consultants Limited is engaged in the business of Global Consultancy Services.

The company offers Global Education Consultancy for students seeking to study abroad and Immigration Consultancy for visas, tourism, business, and permanent residency, primarily in Canada.

The company offers global education and immigration consultancy through 9 fully equipped branches, partnering with over 30 Canadian institutions, with dedicated consultants and training facilities. Company has entered into 3 Franchise Agreements at Jammu, Jind, and Karnal.

Services:

• Global Education Consultancy Services: Education Consultancy, Education Loan Guidance, and Scholarships, 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 has around 128 employees on a payroll basis.

Competitive Strengths:

• One-Stop Solution for Visa Consultancy Services
• Certifications and appointments by reputed universities obtained by Promoter and Company
• Dedicated Team of Counsellors
• Experience of the Promoters and senior management team.

Company Financials

Landmark Immigration Consultants Limited Financial Information (Restated)

Key Performance Indicator (KPI)

The market capitalization of Landmark Immigration IPO is Rs 148.39 Cr.

KPI as of Sun, Mar 31, 2024.

• The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
• The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.

Objects of the Issue (Landmark Immigration IPO Objectives)

The Company intends to utilize the Net Proceeds from the Issue towards funding the following objects:

1. Capital expenditure to be incurred by the Company for setting up new branches
2. Advertisement expenses towards enhancing the awareness and visibility of the brand
3. Pursuing Inorganic growth initiatives through Acquisitions
4. General corporate purposes

Landmark Immigration IPO Review May apply

[Dilip Davda]  The company is engaged in providing integrated global consultancy for immigration related services. It posted spectacular performance from FY24 onwards i.e. for pre-IPO periods that raise eyebrows and concern over its sustainability going forward. Higher spending for IPO process indicates fully structured mode of the IPO. Based on its recent super earnings, the issue appears fully priced. Well-informed investors may park moderate fund for medium term. Read detail review…

Landmark Immigration IPO Subscription Status (Bidding Detail)

The Landmark Immigration IPO is subscribed 72.84 times on January 20, 2025 6:19:08 PM (Day 2). The public issue subscribed 81.87 times in the retail category, 35.58 times in the QIB category, and 96.57 times in the NII category. Check Day by Day Subscription Details (Live Status)

Total Application : 1,56,570

*Market Maker portion is not included to NII/HNI.

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