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
Overall Subscription
3.06x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 5,454,545 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,636,364 | — | 0.00x |
| Retail Individual (RII) | 3,818,182 | — | 0.00x |
| Total | 10,909,091 | 0 | 3.06x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 131,661 | 402,883 | 3.06x |
| HNIs (10L +) | 842 | 2,577 | 3.06x |
| HNIs (2-10L) | 4,030 | 12,332 | 3.06x |
| Total Applications | 136,533 | 417,792 | 3.06x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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?
Currently, Landmark Cars Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹481 to ₹506 per equity share.
What is the expected profit per lot for Landmark Cars Limited IPO?
The retail lot size is 29 shares requiring a minimum application amount of ₹14,674. Expected listing price is ₹489 per equity share.
What is the issue size and price band for Landmark Cars Limited IPO?
The Landmark Cars Limited IPO aggregate issue size is ₹552 Crores with an equity price band set at ₹481 to ₹506 per equity share. The retail lot size is 29 shares requiring a minimum capital outlay of approx. ₹14,674.
How can I check Landmark Cars Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.06x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Landmark Cars Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-12-21. Investors can verify status using PAN card or application number.
When is the listing date for Landmark Cars Limited IPO?
Landmark Cars Limited shares are scheduled to list on NSE and BSE on 2022-12-23.