Landmark Immigration Consultants IPO vs Rexpro Enterprises IPO

Comparison between Landmark Immigration Consultants IPO and Rexpro Enterprises IPO.

IPO Details

Landmark Immigration Consultants IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rexpro Enterprises IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Landmark Immigration Consultants IPO is up to ₹38.27 Cr whereas the issue size of the Rexpro Enterprises IPO is up to ₹50.95 Cr. The final issue price of Landmark Immigration Consultants IPO is ₹72.00 per share and of Rexpro Enterprises IPO is ₹145.00 per share.

 Landmark Immigration Consultants IPORexpro Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹70.00 per share
Issue Price (Upper)₹72.00 per share
Issue Price (Final)₹72.00 per share₹145.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size53,15,200 shares30,64,000 shares
Fresh Issue Size (Amount)up to ₹38.27 Crup to ₹44.43 Cr
OFS Issue Size0 shares4,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.53 Cr
Issue Size Total53,15,200 shares35,14,000 shares
Issue Size Total (Amount)up to ₹38.27 Crup to ₹50.95 Cr

IPO Timetable

Landmark Immigration Consultants IPO opens on Jan 16, 2025, while Rexpro Enterprises IPO opens on Jan 22, 2025. The closing date of Landmark Immigration Consultants IPO and Rexpro Enterprises IPO is Jan 20, 2025, and Jan 24, 2025, respectively.

 Landmark Immigration Consultants IPORexpro Enterprises IPO
Anchor Bid DateJan 15, 2025
Issue OpenJan 16, 2025Jan 22, 2025
Issue CloseJan 20, 2025Jan 24, 2025
Basis Of Allotment (Tentative)Jan 21, 2025Jan 27, 2025
Initiation of Refunds (Tentative)Jan 22, 2025Jan 28, 2025
Credit of Share (Tentative)Jan 22, 2025Jan 28, 2025
Listing date (Tentative)Jan 23, 2025Jan 29, 2025
Anchor Lockin End date 1Feb 18, 2025
Anchor Lockin End date 2Apr 19, 2025

Financials & KPIs

Landmark Immigration Consultants IPO P/E ratio is 9.72, as compared to Rexpro Enterprises IPO P/E ratio of 25.49.

 Landmark Immigration Consultants IPORexpro Enterprises IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets52.1644.3236.2536.12
Total Income19.2537.0721.6319.32
Profit After Tax5.4011.124.433.94
NET Worth42.1536.7525.6321.20
Reserves and Surplus27.1421.7425.6221.19
Total Borrowing1.990.742.515.27
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 2023
Assets50.5439.9527.87
Total Income49.5683.0162.89
Profit After Tax4.085.180.63
NET Worth13.089.224.69
Reserves and Surplus5.128.964.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.92100
Promoter Shareholding (Post-Issue)71.3166.99
P/E Ratio9.7225.49
Market Cap₹148.39 Cr.₹162.49 Cr.
ROE35.6456.24
ROCE62.21
Debt/Equity0.020.65
EPS₹7.41₹5.69
RoNW30.2556.24

Shares Offered

In the Landmark Immigration Consultants IPO Retail Individual Investors (RII) are offered 20,80,000 shares while in Rexpro Enterprises IPO retail investors are offered 20,80,000 shares. Qualified Institutional Buyers (QIB) are offered 12,36,800 shares in Landmark Immigration Consultants IPO and 0 shares in Rexpro Enterprises IPO.

 Landmark Immigration Consultants IPORexpro Enterprises IPO
Anchor Investor Reservation8,48,000 shares0 shares
Market Maker Reservation2,84,800 shares1,86,000 shares
QIB12,36,800 shares0 shares
NII11,50,400 shares8,17,000 shares
RII20,80,000 shares26,97,000 shares
Employee0 shares0 shares
Others
Total53,15,200 shares35,14,000 shares

Bids Received (Subscription)

Landmark Immigration Consultants IPO subscribed 61.22x in total, whereas Rexpro Enterprises IPO subscribed 17.67x.

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