Exchanges
BSE, NSE
Issue
Book building

Landmark Cars IPO

₹458.40

−9.41% on listing

Listing-day close · NSE · 23 Dec 2022 · issue price ₹506

Landmark Cars’ ₹552 crore IPO was priced at ₹506 a share. It listed on the NSE on 23 Dec 2022 and closed its first day at ₹458.40, down 9.41% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹552 Cr
Fresh issue
₹150 Cr
Offer for sale
₹402 Cr
Lot size
29 shares
Minimum investment
₹14,674
Face value
₹5
Registrar
MUFG Intime India

Subscription

Landmark Cars IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.58×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,003 Cr
ROE
26.66%
ROCE
18.86%
EBITDA margin
6.27%
PAT margin
2.22%
Promoter holding
60.24% → 44.61%

From the offer documents.

Listing

Listing date
23 Dec 2022
Issue price
₹506
Open
₹471.00
High
₹481.15
Low
₹446.20
Close
₹458.40

Listing day on the NSE. The close was −9.41% on the issue price.

FAQs

When did the Landmark Cars IPO open and close?

It opened on 13 Dec 2022 and closed on 15 Dec 2022.

What was the Landmark Cars IPO price?

The price band was ₹481–506 a share. The final issue price was ₹506.

What is the lot size and minimum investment?

One lot is 29 shares, ₹14,674 at ₹506 a share. Retail investors apply in whole lots.

How much did Landmark Cars raise?

₹552 crore: ₹150 crore of new shares and ₹402 crore offered by existing shareholders.

How many times was the Landmark Cars IPO subscribed?

2.58 times overall.

How did Landmark Cars list?

It listed on the NSE on 23 Dec 2022 at ₹471.00 and closed the day at ₹458.40, down 9.41% on the ₹506 issue price.

Who is the registrar of the Landmark Cars IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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