January 15, 2025
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Subscription status of Landmark Immigration IPO
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Landmark Immigration IPO Price Rs. 72 Lot 1600 shares, Rs. 38.27 Crore |
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| QIB | NII x | RII x | Total x | Applications |
| Amount wise bids recd. Rs. ? Crore | ||||
| Note: | ||||
Landmark Immigration IPO: Allotment Link
What is the business of Landmark Immigration?
Landmark Immigration Consultants Limited, incorporated in 2010, specializes in providing Global Consultancy Services. The company offers comprehensive Global Education Consultancy for students aspiring to study abroad and Immigration Consultancy services for visas, tourism, business, and permanent residency, with a primary focus on Canada.
The company operates through 9 fully equipped branches and collaborates with over 30 Canadian institutions, offering expert consultancy and training services. Landmark Immigration has also entered into franchise agreements in Jammu, Jind, and Karnal, further expanding its reach.
Services Offered:
- Global Education Consultancy:
- Education Consultancy
- Guidance on Education Loans and Scholarships
- Assistance with Admission Applications
- Language Proficiency Test Training
- Study and Schooling Visa Assistance
- Immigration Consultancy:
- Tourist Visa and Business Visa
- Permanent Residency Visa
As of June 30, 2024, the company employs approximately 135 individuals on a full-time payroll basis.
Get more information about the company @ http://www.landmarkimmigration.com/
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Landmark Immigration IPO Details |
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| IPO opens on | 16 January 2025 |
| IPO closes on | 20 January 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5600000 Shares / Rs 40.32 Crore |
| * Fresh Issue | 5600000 Shares / Rs 40.32 Crore |
| * Offer for Sale – | – shares / Rs. – crore |
| Market Maker Portion | 284800 Shares |
| Net offer to Public | 5315200 Shares/ Rs.38.27 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 70-72 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1600 Shares |
| Listing will at | BSE SME |
Shares offered in IPO |
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| Shares | Rs. (Crore) | |
| QIB (50%) | 2657600 | 19.14 |
| HNI (15%) | 797280 | 05.74 |
| RII (35%) | 1870820 | 13.39 |
| Total Shares | 5315200 | 38.27 |
| Retail portion will be oversubscribed by |
1169 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1600 Shares | Rs.115200 |
| Min HNI Application | 3200 Shares | Rs. 230400 |
Who are the Promoters of Landmark Immigration?
Mr. Jasmeet Singh Bhatia and Ms. Richa Arora are the promoters of the company
What are the Objects of Landmark Immigration IPO?
The Offer comprises of fresh issue of shares.
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
Tentative timetable |
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| IPO opens on | 16 January 2024 |
| IPO Closes on | 20 January 2025 |
| IPO Allotment on | 21 January 2025 |
| Refund Initiation | 22 January 2025 |
| Credit of Shares | 22 January 2025 |
| Listing on | 23 January 2025 |
| Registered Office of the Company Land Immigration Consultants Limited SCO-95 97 2nd Floor, Sector 17 D, Chandigarh G.P.O., 160017 |
| Who is the Lead Manager of this IPO? Shreni Shares Ltd |
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Who is the Registrar to IPO? |
Landmark Immigration IPO GMP grey market premium, review, Subscription, allotment, listing estimate
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Landmark Immigration IPO Financial & Analytical Ratios |
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| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | 19.32 | 3.94 | – | – |
| 2022-23 | 21.63 | 4.43 | – | – |
| 2023-24 | 37.07 | 11.12 | 7.41 | 30.25 |
| Book Value of the Share on 31.03.2024 |
28.12 | |||
| BV of the Share at cap price after IPO |
Rs. | – | ||
| Offer Price/upper band | Rs. | 60 | ||
Key Performance
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| Price/EPS of 23-24 | 9.72 |
| Price/BV Ratio | 2.94 |
| Debt/Equity Ratio | 0.02 |
How Landmark Immigration IPO compares with the Peers?
| As on date of RHP | FV | PE | PBV |
| Rs. | Ratio | Ratio | |
| Land Immigration | 10 | 9.72 | 3.00 |
| Winny Immigaration | 10 | 21.10 | 16.73 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Landmark Immigration IPO Review by Paresh Gordhandas, CA & Research Analyst.
Landmark Immigration Consultants Limited, incorporated in 2010, specializes in providing Global Consultancy Services. The company offers comprehensive Global Education Consultancy for students aspiring to study abroad and Immigration Consultancy services for visas, tourism, business, and permanent residency, with a primary focus on Canada.
The company has track record of growing topline and bottom-line. The shares are offered at reasonable valuation, compared to peer group company. The lead manager: Shreni Shares has impressive track record of positive listings.
+ from fundamental angle: Apply
+ from grey market angle:
Quicklinks
Landmark Immigration IPO GMP today allotment, review?
Landmark Immigration IPO GMP grey market premium
Landmark Immigration IPO
