Landmark Cars Limited
ListedMainboardConsumer Discretionary · NSE / BSE
Incorporated in 1998, Landmark Cars Limited is one of India’s leading premium automotive retail groups, operating dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, Renault, and commercial vehicles from Ashok Leyland. The company provides end-to-end services including new car sales, servicing and repairs, spare parts and accessories, pre-owned vehicle sales, and facilitation of third-party finance and insurance products. As of September 30, 2021, Landmark Cars has built a strong presence with 112 outlets—61 sales showrooms and 51 after-sales and service centers—across 31 cities in Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and the National Capital Territory of Delhi. Its business model spans the entire customer value chain, offering a complete automotive retail and service experience.
Price Band
₹481 – ₹506
Issue Size
₹552 Cr
Lot Size
29 shares
GMP
₹17
-3.4%
Est. Listing
₹489
at current GMP
Subscribed
3.06x
overall
Open
13 Dec 2022
Close
15 Dec 2022
Allotment
21 Dec 2022
Refund
22 Dec 2022
Demat Credit
23 Dec 2022
Listing
23 Dec 2022
Last updated 12 days ago
Live Grey Market Premium
Landmark Cars Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹-17-3.4%
Issue Price (Upper)
₹506
Band: ₹481 – ₹506
Estimated Listing Price
₹489
Upper price + GMP
Lot Size
29 shares
Min investment ₹14,674
Estimated Profit / Lot
₹0
29 × ₹-17
Landmark Cars Limited GMP Historical Trend
GMP History
Grey Market Premium trend
-₹17
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | -₹17 | -3.4% | ₹489 |
| 30 Oct 2026 | -₹17 | -3.4% | ₹489 |
| 29 Oct 2026 | — | -3.0% | ₹491 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Landmark Cars Limited Public Issue & Market Profile
Landmark Cars Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹552 Crores. The shares are offered at a price band of ₹481 to ₹506 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2022-12-15, the basis of allotment is scheduled to be finalized on 2022-12-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Landmark Cars Limited IPO GMP today?
The latest grey market premium for Landmark Cars Limited IPO is ₹-17, which indicates an expected listing price of ₹489.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.