Landmark Immigration IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 16 to Jan 20 2025
Price Band
₹70 - 72
Current GMP
₹75(4.17%)
Subscription
72.84 times
IPO Details
| IPO Date | January 16, 2025 to January 20, 2025 |
| Listing Date | Thursday, January 23, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹72 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 56,00,000 shares (aggregating up to ₹40.32 Cr) |
| Fresh Issue | 56,00,000 shares (aggregating up to ₹ 40.32 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,50,10,000 shares |
| Share Holding Post Issue | 2,06,10,000 shares |
| Market Maker Portion | 2,84,800 sharesShreni Shares Limited |
IPO Date
January 16, 2025 to January 20, 2025
Listing Date
Thursday, January 23, 2025
Face Value
₹10 per share
Price Band
₹70 to ₹72 per share
Lot Size
1,600 Shares
Total Issue Size
56,00,000 shares (aggregating up to ₹40.32 Cr)
Fresh Issue
56,00,000 shares (aggregating up to ₹ 40.32 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share Holding Pre Issue
1,50,10,000 shares
Share Holding Post Issue
2,06,10,000 shares
Market Maker Portion
2,84,800 sharesShreni Shares Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 35.58 |
| Non-Institutional Buyers*** | 116.71 |
| Retail Investors | 81.87 |
| Total ** | 72.84 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
35.58
Non-Institutional Buyers***
116.71
Retail Investors
81.87
Total **
72.84
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jan 16, 2025 | 1.12 | 0.9 | 2.77 | 1.79 |
| Day 2 Jan 17, 2025 | 1.13 | 5.54 | 10.29 | 6.28 |
| Day 3 Jan 20, 2025 | 35.58 | 116.71 | 81.87 | 72.84 |
DayDay 1
Jan 16, 2025
QIB1.12
NII*0.9
Retail2.77
Total1.79
DayDay 2
Jan 17, 2025
QIB1.13
NII*5.54
Retail10.29
Total6.28
DayDay 3
Jan 20, 2025
QIB35.58
NII*116.71
Retail81.87
Total72.84
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 23-01-2025 | 72.00 | 11(15.28%) | 83 |
| 22-01-2025 | 72.00 | 11(15.28%) | 83 |
| 21-01-2025 | 72.00 | 15(20.83%) | 87 |
| 20-01-2025 | 72.00 | 17(23.61%) | 89 |
| 19-01-2025 | 72.00 | 26(36.11%) | 98 |
| 18-01-2025 | 72.00 | 22(30.56%) | 94 |
| 17-01-2025 | 72.00 | 18(25%) | 90 |
| 16-01-2025 | 72.00 | 17(23.61%) | 89 |
| 15-01-2025 | 72.00 | 15(20.83%) | 87 |
| 14-01-2025 | 72.00 | 12(16.67%) | 84 |
| 13-01-2025 | 72.00 | 0(0%) | 72 |
| 12-01-2025 | 72.00 | 0(0%) | (0%) |
| 11-01-2025 | 72.00 | 0(0%) | (0%) |
Date23-01-2025
Price72.00
GMP11(15.28%)
Estimate List Price83
Date22-01-2025
Price72.00
GMP11(15.28%)
Estimate List Price83
Date21-01-2025
Price72.00
GMP15(20.83%)
Estimate List Price87
Date20-01-2025
Price72.00
GMP17(23.61%)
Estimate List Price89
Date19-01-2025
Price72.00
GMP26(36.11%)
Estimate List Price98
Date18-01-2025
Price72.00
GMP22(30.56%)
Estimate List Price94
Date17-01-2025
Price72.00
GMP18(25%)
Estimate List Price90
Date16-01-2025
Price72.00
GMP17(23.61%)
Estimate List Price89
Date15-01-2025
Price72.00
GMP15(20.83%)
Estimate List Price87
Date14-01-2025
Price72.00
GMP12(16.67%)
Estimate List Price84
Date13-01-2025
Price72.00
GMP0(0%)
Estimate List Price72
Date12-01-2025
Price72.00
GMP0(0%)
Estimate List Price(0%)
Date11-01-2025
Price72.00
GMP0(0%)
Estimate List Price(0%)
IPO Important Dates
| IPO Open Date | Thursday, January 16, 2025 |
| IPO Close Date | Monday, January 20, 2025 |
| Basis of Allotment | Tuesday, January 21, 2025 |
| Initiation of Refunds | Wednesday, January 22, 2025 |
| Credit of Shares to Demat | Wednesday, January 22, 2025 |
| Listing Date | Thursday, January 23, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 20, 2025 |
IPO Open Date
Thursday, January 16, 2025
IPO Close Date
Monday, January 20, 2025
Basis of Allotment
Tuesday, January 21, 2025
Initiation of Refunds
Wednesday, January 22, 2025
Credit of Shares to Demat
Wednesday, January 22, 2025
Listing Date
Thursday, January 23, 2025
Cut-off time for UPI mandate confirmation
5 PM on January 20, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,15,200 |
| Retail (Max) | 1 | 1600 | ₹1,15,200 |
| HNI (Min) | 2 | 3,200 | ₹2,30,400 |
ApplicationRetail (Min)
Lots1
Shares1600
Amount₹1,15,200
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹1,15,200
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹2,30,400
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 5,216.36 | 4,431.51 | 3,625.3 |
| Revenue | 1,924.81 | 3,707.03 | 2,162.62 |
| Profit After Tax | 540.12 | 1,111.83 | 443.48 |
| Net Worth | 4,215.44 | 3,675.31 | 2,563.49 |
| Reserves and Surplus | 2,714.44 | 2,174.31 | 2,562.49 |
| Total Borrowing | 198.81 | 73.69 | 250.62 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 20245,216.36
31 Mar 20244,431.51
31 Mar 20233,625.3
Period EndedRevenue
30 Sep 20241,924.81
31 Mar 20243,707.03
31 Mar 20232,162.62
Period EndedProfit After Tax
30 Sep 2024540.12
31 Mar 20241,111.83
31 Mar 2023443.48
Period EndedNet Worth
30 Sep 20244,215.44
31 Mar 20243,675.31
31 Mar 20232,563.49
Period EndedReserves and Surplus
30 Sep 20242,714.44
31 Mar 20242,174.31
31 Mar 20232,562.49
Period EndedTotal Borrowing
30 Sep 2024198.81
31 Mar 202473.69
31 Mar 2023250.62
IPO Reservation
| Anchor Investor Shares Offered | 8,48,000 (15.14%) |
| Market Maker Shares Offered | 2,84,800 (5.09%) |
| QIB Shares Offered | 12,36,800 (22.09%) |
| NII (HNI) Shares Offered | 9,52,000 (17%) |
| Retail Shares Offered | 20,80,000 (37.14%) |
| Total Shares Offered | 56,00,000 (100%) |
Anchor Investor Shares Offered
8,48,000 (15.14%)
Market Maker Shares Offered
2,84,800 (5.09%)
QIB Shares Offered
12,36,800 (22.09%)
NII (HNI) Shares Offered
9,52,000 (17%)
Retail Shares Offered
20,80,000 (37.14%)
Total Shares Offered
56,00,000 (100%)
Information about company
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:
Global Education Consultancy Services: Education Consultancy, Education Loan Guidance, and Scholarships, Admission application Formalities, Training for Language Proficiency Tests, Study/Schooling Visa.
Immigration Consultancy Services: Tourist Visa/Business Visa, Permanent Residency Visa.
As of September 30, 2024, the company has around 128 employees on a payroll basis.
Competitive Strengths:
One-Stop Solution for Visa Consultancy Services
Certifications and appointments by reputed universities obtained by Promoter and Company
Dedicated Team of Counsellors
Experience of the Promoters and senior management team.
Objectives of IPO
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
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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