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Landmark Immigration Consultants IPO is a book build issue of ₹40.32 crores. The issue is entirely a fresh issue of 0.56 crore shares of ₹40.32 crore.
Landmark Immigration Consultants IPO bidding started from Jan 16, 2025 and ended on Jan 20, 2025. The allotment for Landmark Immigration Consultants IPO was finalized on Jan 21, 2025. The shares got listed on BSE SME on Jan 23, 2025.
Landmark Immigration Consultants IPO price band is set at ₹72.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,15,200 (1600 shares) (based on upper price). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,30,400.
Shreni Shares Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Shreni Shares Ltd..
Refer to Landmark Immigration Consultants IPO RHP for detailed Information.
| IPO Date | January 16, 2025 to January 20, 2025 |
| Listing Date | January 23, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹70 to ₹72 per share |
| Issue Price Final | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 56,00,000 shares (aggregating up to ₹40.32 Cr) |
| Reserved for Market Maker | 2,84,800 shares Shreni Shares Ltd. (aggregating up to ₹2.05 Cr) |
| Net Offered to Public | 53,15,200 shares (aggregating up to ₹38.27 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,50,10,000 shares |
| Share Holding Post Issue | 2,06,10,000 shares |
Landmark Immigration Consultants IPO offers total 56,00,000 shares. Out of which 20,84,800 (37.23%) allocated to QIB, 12,36,800 (22.09%) allocated to QIB (Ex- Anchor), 11,50,400 (20.54%) allocated to NII, 20,80,000 (37.14%) allocated to RII and 8,48,000 (15.14%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,84,800 (5.09%) |
| QIB Shares Offered | 20,84,800 (37.23%) |
| − Anchor Investor Shares Offered | 8,48,000 (15.14%) |
| − QIB (Ex. Anchor) Shares Offered | 12,36,800 (22.09%) |
| NII (HNI) Shares Offered | 11,50,400 (20.54%) |
| Retail Shares Offered | 20,80,000 (37.14%) |
| Total Shares Offered | 56,00,000 (100.00%) |
Landmark Immigration Consultants IPO raises ₹6.11 crore from anchor investors. Landmark Immigration Consultants IPO Anchor bid date is January 15, 2025. Landmark Immigration Consultants IPO Anchor Investors list
| Bid Date | January 15, 2025 |
| Shares Offered | 8,48,000 |
| Anchor Portion Size (In Cr.) | 6.11 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 18, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | April 19, 2025 |
Landmark Immigration Consultants IPO opens on January 16, 2025, and closes on January 20, 2025.
| IPO Open Date | Thu, Jan 16, 2025 |
| IPO Close Date | Mon, Jan 20, 2025 |
| Tentative Allotment | Tue, Jan 21, 2025 |
| Initiation of Refunds | Wed, Jan 22, 2025 |
| Credit of Shares to Demat | Wed, Jan 22, 2025 |
| Tentative Listing Date | Thu, Jan 23, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jan 20, 2025 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,15,200 |
| Retail (Max) | 1 | 1,600 | ₹1,15,200 |
| HNI (Min) | 2 | 3,200 | ₹2,30,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
As of September 30, 2024, the company has around 128 employees on a payroll basis.
Competitive Strengths:
| 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 |
| Total Income | 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 |
| Amount in ₹ Lakhs | ||||
The market capitalization of Landmark Immigration Consultants IPO is ₹148.39 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 35.64% |
| Debt/Equity | 0.02 |
| RoNW | 30.25% |
| PAT Margin | 31.87% |
| Price to Book Value | 2.94 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.41 | 5.24 |
| P/E (x) | 9.72 | 13.74 |
The Company intends to utilize the Net Proceeds from the Issue towards funding the following objects:
[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...
| Listing Date | January 23, 2025 |
| BSE Script Code | 544341 |
| NSE Symbol | |
| ISIN | INE12QA01010 |
| Final Issue Price | ₹72 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹75.00 |
| Low | ₹75.00 |
| High | ₹78.75 |
| Last Trade | ₹75.07 |
Landmark Immigration Consultants Ltd.
SCO-95 97 2nd Floor,
Sector 17 D,
Chandigarh G.P.O.
Chandigarh, Chandigarh, 160017
Phone: + 91 9041088824
Email: investors.landmarkimmigration@gmail.com
Website: http://www.landmarkimmigration.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: landmark.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Landmark Immigration Consultants IPO is a SME IPO of 56,00,000 equity shares of the face value of ₹10 aggregating up to ₹40.32 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on January 16, 2025, and closes on January 20, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Landmark Immigration Consultants IPO using UPI as a payment gateway. Zerodha customers can apply in Landmark Immigration Consultants IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Landmark Immigration Consultants IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Landmark Immigration Consultants IPO opens on January 16, 2025 and closes on January 20, 2025.
Landmark Immigration Consultants IPO lot size is 1600, and the minimum amount required for application is ₹1,15,200.
You can apply in Landmark Immigration Consultants IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Landmark Immigration Consultants IPO will be done on Tuesday, January 21, 2025, and the allotted shares will be credited to your demat account by Wednesday, January 22, 2025. Check the Landmark Immigration Consultants IPO allotment status.
The Landmark Immigration Consultants IPO listing date is on Thursday, January 23, 2025.
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