Disclaimer
The stock market is subject to significant volatility and inherent risks. Investing in stocks involves potential losses and is not guaranteed to generate profits. Prices of stocks can fluctuate unpredictably. We do not give you any buy/sell tips. This article is for Educational purposes only.
The Landmark Immigration IPO is a book-built issue with a total offering size of ₹40.32 crores. This issue consists entirely of a fresh issue of 56.00 lakh shares, allowing investors to invest in the company’s growth. The IPO will open for subscription on January 16, 2025, and close on January 20, 2025.
The IPO price band has been set between ₹70 and ₹72 per share, with a minimum lot size of 1,600 shares. Retail investors must invest a minimum amount of ₹1,15,200, while High Net-worth Individuals (HNIs) must apply for at least two lots, totaling 3,200 shares, which amounts to ₹2,30,400.
The final allotment of shares is expected to be completed by Tuesday, January 21, 2025. Following the allotment, the Landmark Immigration IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for Thursday, January 23, 2025.
| IPO Date | January 16, 2025 to January 20, 2025 |
| Listing Date | Thursday, January 23, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹72 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 56,00,000 shares (aggregating up to ₹40.32 Cr) |
| Fresh Issue | 56,00,000 shares (aggregating up to ₹ 40.32 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,50,10,000 shares |
| Share Holding Post Issue | 2,06,10,000 shares |
| Market Maker Portion | Share Holding Pre-Issue |
| IPO Open Date | Thursday, January 16, 2025 |
| IPO Close Date | Monday, January 20, 2025 |
| Basis of Allotment | Tuesday, January 21, 2025 |
| Initiation of Refunds | Wednesday, January 22, 2025 |
| Credit of Shares to Demat | Wednesday, January 22, 2025 |
| Listing Date | Thursday, January 23, 2025 |
| Cut-off time for UPI mandate confirmation | The credit of Shares to Demat |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,15,200 |
| Retail (Max) | 1 | 1600 | ₹1,15,200 |
| HNI (Min) | 2 | 3,200 | ₹2,30,400 |
| Investor Category | Shares Offered |
|---|---|
| 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 | 9,52,000 (17%) |
| Retail Shares Offered | 20,80,000 (37.14%) |
| Total Shares Offered | 56,00,000 (100%) |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 5,216.36 | 4,431.51 | 3,625.3 | 3,611.51 |
| Revenue | 1,924.81 | 3,707.03 | 2,162.62 | 1,931.54 |
| Profit After Tax | 540.12 | 1,111.83 | 443.48 | 393.53 |
| Net Worth | 4,215.44 | 3,675.31 | 2,563.49 | 2,120.01 |
| Reserves and Surplus | 2,714.44 | 2,174.31 | 2,562.49 | 2,119.01 |
| Total Borrowing | 198.81 | 73.69 | 250.62 | 527.34 |
Maximizing Opportunities with Landmark Immigration Consultants Limited IPO
The Landmark Immigration Consultants Limited IPO offers investors a chance to participate in a ₹40.32 crore offering, consisting of a fresh issue of 56.00 lakh shares. With a price band of ₹70 to ₹72 per share and a minimum investment requirement of ₹1,15,200 for retail investors, the IPO opens from January 16 to January 20, 2025. BSE SME platform on January 23, 2025.
