What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Landmark Immigration Consultants Limited IPO?

Based on the upper price band of ₹72 and current GMP of ₹11, the estimated listing price is ₹83 (approx. 15.3% gain).

What is the expected profit per lot for Landmark Immigration Consultants Limited IPO?

With a lot size of 1600 shares and current GMP of ₹11, expected profit per retail application lot is approximately ₹17,600.

IPO GreyPremiumLIVE

Grey Market Intelligence

Landmark Immigration Consultants Limited

ListedSME

Professional Services & Staffing · BSE

Incorporated in 2010, Landmark Immigration Consultants Limited provides global education and immigration consultancy services, primarily focused on Canada. The company assists students with study abroad programs, education loans, scholarships, admissions, and language training, while also offering visa solutions for tourism, business, and permanent residency. Operating through nine branches and franchise locations in Jammu, Jind, and Karnal, Landmark partners with over 30 Canadian institutions. Supported by a team of 128 employees as of September 30, 2024, the company continues to expand its footprint in the global education and immigration services sector.

Price Band

₹70 – ₹72

Issue Size

₹40.32 Cr

Lot Size

1600 shares

GMP

₹11

+15.3%

Est. Listing

₹83

at current GMP

Subscribed

72.99x

overall

Open

16 Jan 2025

20 Jan 2025

Allotment

21 Jan 2025

Refund

22 Jan 2025

Demat Credit

23 Jan 2025

Listing

23 Jan 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Landmark Immigration Consultants Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹11+15.3%

Issue Price (Upper)

₹72

Band: ₹70 – ₹72

Estimated Listing Price

₹83

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,15,200

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹11	15.3%	₹83
30 Oct 2026	+₹11	15.3%	₹83
29 Oct 2026	+₹10	13.8%	₹82

About Landmark Immigration Consultants Limited Public Issue & Market Profile

Landmark Immigration Consultants Limited is bringing an initial public offering (IPO) in the Professional Services & Staffing sector with an aggregate issue size of ₹40.32 Crores. The shares are offered at a price band of ₹70 to ₹72 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

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 2025-01-20, the basis of allotment is scheduled to be finalized on 2025-01-21. 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 (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Landmark Immigration Consultants Limited IPO GMP today?

The latest grey market premium for Landmark Immigration Consultants Limited IPO is ₹11, which indicates an expected listing price of ₹83.

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.