Landmark Immigration IPO
Open SmeCurrent GMP
₹11 (+15.28%)
Price Band
₹ 70 – 72
Lot Size
1600
Issue Size
₹40.32 Cr
Minimum Investment
₹230400 (3200 Shares)
Listing Date
23 January 2025
Subscription
72.99x
About the Company
Landmark Immigration Consultants Limited, established in 2010, provides integrated global consultancy services in two key areas: Global Education Consultancy (GEC) and Immigration Consultancy (IC). GEC helps students, particularly from Punjab, Chandigarh, and Vadodara, make informed decisions about studying abroad, primarily in Canada, offering services such as education consultancy, guidance on education loans and scholarships, assistance with admission applications, training for language proficiency tests, and help with study visas.
In addition to GEC, Landmark also offers Immigration Consultancy services, helping clients with tourist/business visa applications and permanent residency (PR) applications. The company supports customers throughout the process, from identifying the best time and destinations for travel to assisting with necessary documentation.
Landmark operates from nine branches in India and has franchise agreements in Jammu, Jind, and Karnal. Each office is equipped with dedicated consultants to assist individuals with their education and immigration needs. The company is affiliated with over 30 educational institutions, predominantly in Canada.
The company's success is driven by its experienced promoters, Mr. Jasmeet Singh Bhatia and Ms. Richa Arora, and their team's expertise in the global education and immigration sectors. Landmark’s professional consultants provide personalized services, ensuring clients receive the necessary guidance and support for successful immigration and education endeavors.
Promoters
- Mr. Jasmeet Singh Bhatia
- Ms. Richa Arora
Promoters Holding
Holding Pre Issue
97.92%
Holding Post Issue
71.31%
Objects of the Issue
The Company intends to utilize the Net Proceeds from the Issue towards funding the following objects:
- 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
Address / Contact Info
Landmark Immigration Consultants Limited
Sco No 95 97, 2nd Floor Sector 17 D,
Chandigarh 160017, India
Phone: + 91 9041088824
Email: investors.landmarkimmigration@gmail.com
Website: http://www.landmarkimmigration.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 16 January 2025
IPO Close Date
Monday, 20 January 2025
Basis of Allotment
Tuesday, 21 January 2025
Initiation of Refunds
Wednesday, 22 January 2025
Credit of Shares to Demat
Wednesday, 22 January 2025
Listing Date
Thursday, 23 January 2025 — NSE & BSE
Important Dates
Open Date
16 January 2025
Close Date
20 January 2025
Basis Of Allotment
21 January 2025
Listing Date
23 January 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 4431.51 | 3625.3 | 3611.51 |
| Revenue | 3707.03 | 2162.62 | 1931.54 |
| Profit After Tax | 1111.83 | 443.48 | 393.53 |
| Net Worth | 3675.31 | 2563.49 | 2120.01 |
| Reserve & Surplus | 2174.31 | 2562.49 | 2119.01 |
| Total Borrowings | 73.69 | 250.62 | 527.34 |
EPS Pre
7.41%
EPS Post
5.39%
P/E Pre
9.72
P/E (Post Issue)
13.35x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 35.64 |
| ROCE % | 0 |
| Debt / Equity | 0.02 |
| RoNW % | 30.25 |
| PbW | 0 |
| Pat Margin % | 31.87 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 848000 | 15.14 | 0 |
| Non-Institutional | 1150400 | 20.54 | 0 |
| Qualified Institutions | 1236800 | 22.09 | 0 |
| Retail Investors | 2080000 | 37.14 | 0 |
| Total | 5600000 | 100 | 0 |
Subscription Status ( Mon, 20 Jan 25 01:19 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1236800 | 44009600 | 35.58x |
| Non-Institutional | 1150400 | 111411200 | 96.85x |
| Retail Investors | 2080000 | 170636800 | 82.04x |
| Total | 4467200 | 326057600 | 72.99x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 115,200.00 |
| Retail (Max) | 1 | 1,600 | 115,200.00 |
| S-HNI (Min) | 2 | 3,200 | 230,400.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Shreni Shares Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Landmark Immigration IPO is a Book-building IPO worth ₹40.32 crores. The price band is ₹70 to 72 per share. The IPO opens on Thu, Jan 16, 2025 and closes on Mon, Jan 20, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Landmark Immigration IPO opens on Thu, Jan 16, 2025 and closes on Mon, Jan 20, 2025
Landmark Immigration IPO Price Band is ₹70 to 72.
Landmark Immigration IPO lot size is 1600, and the minimum amount required for application is ₹230400.
The minimum investment for Landmark Immigration IPO is approximately ₹230400 based on the upper price band.
To apply for the Landmark Immigration IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Jan 20, 2025. After submission, funds are blocked until the basis of allotment of Landmark Immigration IPO is finalised.
Landmark Immigration IPO issue size is ₹40.32 crores.
Landmark Immigration IPO allotment date is Sat, Jun 27, 2026.
The registrar for Landmark Immigration IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Landmark Immigration IPO through their official website or helpline.
The Landmark Immigration IPO GMP (Grey Market Premium) is ₹11 as of Thu, Jan 23, 2025. Based on the upper price band of ₹72 per share, the estimated Landmark Immigration IPO listing price is ₹83, indicating a potential listing gain of approximately 31% over the issue price.