IPO Issue Details
Issue Price / Price Band₹72 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size56,00,000 shares (aggregating up to ₹40.32 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 16 Jan 2025
Subscription CloseMon, 20 Jan 2025
Anchor AllotmentWed, 15 Jan 2025
Basis of AllotmentTue, 21 Jan 2025
Initiation of RefundsWed, 22 Jan 2025
Credit of Shares to DematWed, 22 Jan 2025
Listing DateThu, 23 Jan 2025
UPI Mandate Deadline2025-01-20
Application & Investment Details
Retail — Min (1 Lots)115200 — 1600 shares
Retail — Max (13 Lots)₹1,497,600 (13 Lots)
HNI — Min (2 Lots)230400 — 3200 shares
EPS (Pre-IPO)₹7.41
EPS (Post-IPO)₹5.24
P/E Ratio (Pre-IPO)9.72x
P/E Ratio (Post-IPO)13.74x
Net Offer to Public53,15,200 shares (aggregating up to ₹38.27 Cr)
Reserved for Market Maker2,84,800 shares (aggregating up to ₹2.05 Cr)
Pre-IPO Promoter Holding1,50,10,000 shares
Post-IPO Promoter Holding2,06,10,000 shares
About Landmark Immigration Consultants Ltd.
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 ServicesCertifications and appointments by reputed universities obtained by Promoter and CompanyDedicated Team of CounsellorsExperience of the Promoters and senior management team.
Objects of the Issue
Landmark Immigration Consultants Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Capital expenditure to be incurred by the Company for setting up new branches
2
Advertisement expenses towards enhancing the awareness and visibility of the brand
3
Pursuing Inorganic growth initiatives through Acquisitions
4
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,50,10,000 shares
Post-IPO Promoter Holding
2,06,10,000 shares