247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Landmark Cars Limited IPO (Landmark Cars IPO) Details

Landmark Cars Limited is an Automobile based company, located in Ahmedabad, Landmark Cars Limited IPO size was 552.00 Cr. and was issued at 506.00 per share. The share of Landmark Cars Limited were listed at 460.05 per share and are currently trading at 605.90 per share.

Type :
Sub Sector : Premium Automotive Retail Business
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
3207.60 Cr.

PAT :
72.56 Cr.

Pricing Report

Issue Price :
506.00

Listing Price :
460.05

Current Market Price :
605.90

Issue Price vs CMP :
99.9 (19.74%)

listing Price vs CMP :
145.85 (31.70%)

Performance Report (CAGR* wise)

CAGR : 9.04
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Landmark Cars

Company Information
Landmark Cars Limited is a leading premium automotive retail business in India, with dealerships for prestigious brands such as Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault, as well as catering to the commercial vehicle retail business of Ashok Leyland in India. The company operates across the automotive retail value chain, which includes sales of new vehicles, after-sales services and repairs (including the sale of spare parts, lubricants, and accessories), sales of pre-owned passenger vehicles, and the facilitation of third-party financial and insurance product sales.
The company started its operations in CY1998 with its first dealership for Honda and has since expanded its network to 112 outlets across 8 Indian states. As of September 30, 2021, the network includes 61 sales showrooms and outlets, along with 51
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Object of Issue
  • Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company and Subsidiaries
  • General Corporate Purposes

Landmark Cars MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2022
IPO Size :
552.00 Cr.
Market Cap :
2003.26 Cr.   
IPO Subscription :
3.06 X     
PE Multiple :
27.61
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Landmark Cars operates in Automobile and Premium Automotive Retail Business. The Issue is listed on MainBoard in Dec, 2022. Landmark Cars IPO size was 552.00 Cr. with Issue price of 506.00 .

Merchant Banker(s) of Landmark Cars IPO: Axis Capital Limited , ICICI Securities Limited

Landmark Cars IPO subscription was 3.06 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Landmark Cars IPO listed at a listing price of 460.05 against the offer price of 506.00.

The current market price of Landmark Cars is 605.90.

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