Landmark Immigration IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Thu, 16 Jan 2025
Close Date
Mon, 20 Jan 2025
Price Band
₹ 70 – 72
Lot Size
1600
Issue Size
₹ 40.32 Cr
Minimum Investment
₹ 230,400 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Landmark Immigration IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹40.32 Crore, comprising a fresh issue of 56.00 Lakh equity shares aggregating to ₹40.32 Crore.
The Landmark Immigration IPO remained open for subscription from January 16, 2025, to January 20, 2025. The basis of allotment was finalized on January 21, 2025, and the company's shares were listed on BSE SME Platform on January 23, 2025.
The company had fixed the price band at ₹70 to ₹72 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹230,400 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Shreni Shares Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Landmark Immigration Consultants Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Landmark Immigration IPO Timeline (Tentative)
- IPO Open Date
- Thu, 16 Jan 25
- IPO Close Date
- Mon, 20 Jan 25
- Basis of Allotment
- Tue, 21 Jan 25
- Initiation of Refunds
- Wed, 22 Jan 25
- Credit of Shares to Demat
- Wed, 22 Jan 25
- Listing Date
- Thu, 23 Jan 25 — NSE & BSE
Open Date
16 January 2025
Close Date
20 January 2025
Basis Of Allotment
21 January 2025
Listing Date
23 January 2025
IPO Subscription
Check Live Subscription →The Landmark Immigration IPO has received bids for 32,60,57,600 shares against 44,67,200 shares offered, resulting in an overall subscription of 72.99x. the NII category is subscribed 96.85x, Retail Investors 82.04x, and QIBs 35.58x.
QIB
35.58x
NII
96.85x
RII
82.04x
Total
72.99x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 20,80,000 shares, representing 37.14% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 12,36,800 shares (22.09%), while Non-Institutional Investors (NIIs) receive 11,50,400 shares (20.54%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 848,000 | 15.14% |
| Non-Institutional | 1,150,400 | 20.54% |
| Qualified Institutions | 1,236,800 | 22.09% |
| Retail Investors | 2,080,000 | 37.14% |
| Total | 5,600,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Landmark Immigration Consultants Limited KPI Information
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 35.64 |
| Debt / Equity | 0.02 |
| RoNW % | 30.25 |
| Pat Margin % | 31.87 |
Peers Comparison
No Peer Comparision Available
About Landmark Immigration Consultants Limited
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.
Landmark Immigration IPO Promoters
- Mr. Jasmeet Singh Bhatia
- Ms. Richa Arora
Promoters Holding
Holding Pre Issue
97.92%
Holding Post Issue
71.31%
Landmark Immigration IPO Objective
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
Landmark Immigration Consultants Limited Address / Contact Details
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
Landmark Immigration IPO Lot Size
The Landmark Immigration IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹1,15,200 by applying for 1 lot (1,600 shares). The maximum application allowed for the retail category is 1 lots (1,600 shares), requiring an investment of ₹1,15,200.
| 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 |
Issue Reservation
- Anchor Investors — 15.14%
- NII — 20.54%
- QIB — 22.09%
- RII — 37.14%
Book Running Lead Managers
- Shreni Shares Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Landmark Immigration IPO?
Landmark Immigration IPO is a Book-building IPO with a total issue size of ₹40.32 crore. The Landmark Immigration IPO price band is ₹70 to 72 per share. The Landmark Immigration IPO subscription opens on Thu, Jan 16, 2025, and closes on Mon, Jan 20, 2025. The Landmark Immigration IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the Landmark Immigration IPO.
When will the Landmark Immigration IPO open for subscription?
The Landmark Immigration IPO opens on Thu, Jan 16, 2025 and closes on Mon, Jan 20, 2025
What is Landmark Immigration IPO Price Band?
Landmark Immigration IPO Price Band is ₹70 to 72 per share.
What is Landmark Immigration IPO Lot Size?
Landmark Immigration IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
What is the minimum investment for Landmark Immigration IPO?
The minimum investment for Landmark Immigration IPO is ₹230400, based on one lot of 1600 shares at the upper price band of ₹72 per share.
How to apply for Landmark Immigration IPO?
Investors can apply for the Landmark Immigration IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jan 20, 2025. The application amount remains blocked until the Landmark Immigration IPO allotment is finalized.
What is Landmark Immigration IPO Issue Size?
Landmark Immigration IPO issue size is ₹40.32 crores.
What is the Landmark Immigration IPO Allotment Date?
Landmark Immigration IPO allotment date is Tue, Jan 21, 2025.
Who is the Landmark Immigration IPO Registrar?
The registrar for Landmark Immigration IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Landmark Immigration IPO allotment status, refund processing, and other IPO-related information.
What is the Landmark Immigration IPO GMP?
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 15.28% over the issue price.
Who is the Landmark Immigration IPO Lead Manager?
The book-running lead managers (BRLMs) for the Landmark Immigration IPO are Shreni Shares Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Landmark Immigration IPO Red Herring Prospectus (RHP).