Hi Everyone! Hope you are all doing well. Welcome back to another blog. Today we will talk about the Landmark Cars IPO.
Find below the latest information on Landmark Cars IPO, including the GMP (Grey Market Premium) Today, Share Price, Lot Size, Allotment Date, and other relevant details. This article provides comprehensive insights on Landmark Cars IPO GMP Today.
Landmark Cars IPO GMP Today
Great news for buyers! The Landmark Cars IPO GMP’s bidding is now open. Landmark Cars is a well-established automotive business that has been operating since 1998. They sell popular car brands like Honda, Jeep, Renault, Volkswagen, and Mercedes, and also provide assistance to Ashok Leyland, a commercial motor company. Their services include selling new cars, providing after-sales services, and selling car parts, accessories, and lubricants. For more information, buyers can visit their official website.
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The company uploaded an official document disclosing the share price for the Landmark Cars IPO GMP, which ranges from Rs 481 to Rs 506 per share. The company provided these details to help buyers make informed investment decisions. Each share has a face value of Rs 5 and the company is listed on NSE and BSE. The deadline for the IPO is 15th December 2022, with a fresh issue of Rs 150 Crores. The details regarding the IPO subscription will be announced soon.
Lot Size
The company offers 29 shares as the lot size and also sells used vehicles.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 29 | ₹14,674 |
| Retail (Maximum) | 13 | 377 | ₹190,762 |
| S-HNI (Minimum) | 14 | 406 | ₹205,436 |
| B-HNI (Minimum) | 69 | 2,001 | ₹1,012,506 |
The company operates approximately 112 stores across 8 Indian states, with 51 outlets specifically dedicated to after-sales services.
Also, check: Landmark Cars IPO
Allotment Date
The Company declared the dates. The table will provide guidance. Feel free to ask questions in the comment section about Landmark Cars company.
| IPO Open | Dec 13, 2022 |
| IPO Close | Dec 15, 2022 |
| IPO Price | ₹481 – ₹506 |
| Face Value | ₹5 |
| IPO Size | ₹552.00 Cr |
| Listing At | BSE, NSE |
| Lot Size | 29 |
Sanjay Karsandas Thakker promotes Landmark cars and helps distribute third-party finance and insurance-related products.
Landmark Cars Performance so far
Check how well Landmark Cars is doing financially.
| Aspects | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 2,228.93 | 1,966.34 | 2,989.12 |
| Expenses | 2,253.58 | 1,946.56 | 2,906.84 |
| Net income | (28.94) | 11.15 | 66.18 |
| Margin (%) | (1.30) | 0.57 | 2.21 |
We have presented the company’s performance data year by year, allowing you to make informed investment decisions. The table contains figures in crores.
To get more details, visit the official website of Landmark Cars.
At stakersguide.com, we present the company’s performance over the years in a table, expressed in crores. This information can help you make an informed decision on whether to invest or not. Thank you for visiting stakersguide, where we provide updates on Tech, Entertainment, Automobiles, finance, and other latest news.