4 - 5 minutes readLandmark Cars IPO

Landmark Cars IPO Details: One of the biggest car dealership giants, Landmark Cars Limited has filed DRHP to raise up to Rs.762 crore via IPO. The issue consists of a fresh equity share of rs.150 crores and an offer sale of up to Rs.612 crores.

Landmark Cars IPO

Landmark Cars IPO Details

IPO Opening Date(To be announced) 2022
IPO Closing Date(To be announced) 2022
Price Band(To be announced) per share
Lot Size(To be announced) Shares
Issue Size (Rs. Cr.)[.] shares of ₹5 (aggregating up to ₹762.00 Cr)
Fresh Issue[.] shares of ₹5 (aggregating up to ₹150.00 Cr)
Offer for Sale[.] shares of ₹5 (aggregating up to ₹612.00 Cr)
Face ValueRs. 5 per share
Issue TypeBook Built Issue IPO
Exchange BoardBSE, NSE
DRHPView Landmark Cars IPO DRHP
QIB Shares OfferedNot more than 50% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Basis of Allotment Date(To be announced) 2022
Initiation of Refunds(To be announced) 2022
Credit of Shares to Demat Account(To be announced) 2022
Landmark Cars IPO Listing Date(To be announced) 2022

Landmark Cars IPO Date

On (To be announced), the Landmark Cars IPO will be completed. According to the Red Herring Prospectus, the bidding for anchor investors will begin on (To be announced)

Landmark Cars IPO Issue Size

Landmark Cars IPO issue size is (To be announced). The IPO consists of a (To be announced) crore fresh issue of shares and a (To be announced) crore offer for sale by the promoters and existing shareholders.

Landmark Cars IPO Price Band

The integrated electronics manufacturing company with IoT solutions has set a price range of (To be announced) per share for its initial public offering. The deadline for submissions is November (To be announced). Investors can bid for a minimum of (To be announced) shares and in increments of (To be announced) after that.

Landmark Cars IPO Lot Size

Landmark Cars’s initial public offering lot size is (To be announced) shares. Individual retail investors can apply for up to (To be announced) lots (To be announced).

Landmark Cars IPO Allotment Date and Listing Date

The tentative timing for the share allocation announcement is (To be announced) 2022. Landmark Cars IPO listing date is (To be announced) 2022.

About Landmark Cars Limited IPO

Landmark Cars Limited, founded in 1998, is India’s leading premium automotive retail business, with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. The company also serves Ashok Leyland’s commercial vehicle retail business in India.

Landmark Cars provides services such as new vehicle sales, after-sales service and repairs (including the sale of spare parts, lubricants, and accessories), pre-owned passenger vehicle sales, and the facilitation of third-party finance and insurance product sales.

As of September 30, 2021, the company’s network had grown to 112 outlets in 8 Indian states, with 61 sales showrooms and outlets and 51 after-sales services and spare outlets.

Landmark Cars Limited has 31 dealerships in eight states and union territories, including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and the National Capital Territory of Delhi.

The company is a Mercedes-Benz, Honda, Volkswagen, Jeep, Renault, and Ashok Leyland authorised service centre. As of September 30, 2021, Landmark Cars also provides after-sales service and repairs through 51 after-sales service and spare outlets.

The company’s business model includes retailing new vehicles, servicing and repairing vehicles, selling spare parts, lubricants, and other products, selling pre-owned passenger vehicles, and distributing third-party finance and insurance products.

Promoters of Landmark Cars IPO

The company’s promoter is Anjay Karsandas Thakker.

Landmark Cars IPO FAQs

What is Landmark Cars IPO?

Landmark Cars IPO is a main-board IPO of (To be announced) equity shares of the face value of ₹5 aggregating up to ₹762.00 Crores. The issue is priced at (To be announced) to (To be announced) per share. The minimum order quantity is (To be announced).

The Landmark Cars IPO open and close dates are not available as of now. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When Landmark Cars IPO will open?

The IPO dates for Landmark Cars have not been announced. Please return after some time has passed.

What is the lot size of Landmark Cars IPO?

The lot size and minimum order quantity for Landmark Cars IPO are not available at this time. Please come back later.

How to apply for Landmark Cars IPO?

You can apply for the Landmark Cars IPO online by using UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications.

When Landmark Cars IPO allotment?

The basis of allocation for the Landmark Cars IPO will be finalised on (To be announced), and the allotted shares will be credited to your demat account by (To be announced).

When is Landmark Cars IPO listing date?

The Landmark Cars IPO listing date is (To be announced) 2022.

Who is the registrar of Landmark Cars IPO?

Link Intime India Private Ltd is the registrar for Landmark Cars IPO.

What is Landmark Cars IPO Price Band?

Landmark Cars IPO price band is (To be announced) per equity share.