Tejas Cargo IPO Allotment Status
Land Immigration IPO Allotment Status


Last Updated: 21st January 2025 - 10:05 am
Summary
Landmark Immigration Consultants Limited, established in 2010, is a leading provider of global consultancy services specializing in education and immigration solutions. The company operates through nine fully equipped branches, partnering with over 30 Canadian institutions, and offers comprehensive services including global education consultancy and immigration assistance. With 128 employees as of September 2024, the company has built a strong reputation for providing one-stop visa consultancy services.
The company has launched its IPO with a total issue size of ₹40.32 crore, which is entirely a fresh issue. The IPO opened on January 16, 2025, and closed on January 20, 2025. The allotment date for the Landmark Immigration IPO is set for Tuesday, January 21, 2025.
Steps to Check Landmark Immigration IPO Allotment Status on Registrar Site
- Visit Kfin Technologies Limited website.
- Select "Landmark Immigration IPO" from the dropdown menu on the allotment status page.
- Enter your PAN ID, Demat Account Number, or Application Number in the designated field.
- Complete the captcha verification process and click on the "Submit" button to view your allotment status.
Steps to Check Landmark Immigration IPO Allotment Status on BSE
- Navigate to the BSE IPO Allotment Status Page.
- Choose "Landmark Immigration IPO" from the list of active IPOs in the dropdown menu.
- Input your Application Number and PAN ID in the required fields.
- Verify the captcha and click "Search" to check your allotment status.
Landmark Immigration Subscription Status
The Landmark Immigration IPO received strong investor interest, being subscribed 72.84 times overall. Here is a category-wise breakdown of the subscription as of 6:19:08 PM on January 20, 2025:
- Retail Category: 81.87 times
- Qualified Institutional Buyers (QIB): 35.58 times
- Non-Institutional Investors (NII): 116.71 times
As of 6:19:08 PM
Date | QIB | NII | Retail | Total |
Day 1 Jan 16, 2025 |
1.12 | 0.9 | 2.77 | 1.79 |
Day 2 Jan 17, 2025 |
1.13 | 5.54 | 10.29 | 6.28 |
Day 3 Jan 20, 2025 |
35.58 | 116.71 | 81.87 | 72.84 |
Utilisation of IPO Proceeds
The funds raised through the IPO will be utilized as follows:
- Branch Expansion: Capital expenditure for setting up new branches to expand the company's presence.
- Brand Enhancement: Advertisement expenses to enhance awareness and visibility of the brand.
- Strategic Acquisitions: Pursuing inorganic growth initiatives through strategic acquisitions.
- General Corporate Purposes: Supporting various business objectives and operational needs.
Landmark Immigration IPO - Listing Details
The shares are scheduled to list on January 23, 2025, on BSE SME. The strong subscription rate of 72.84 times demonstrates significant investor confidence in Landmark Immigration's business model and growth prospects. The company has shown impressive financial growth with revenue increasing from ₹19.32 crore in FY22 to ₹37.07 crore in FY24. Their comprehensive service offering, experienced management team, and strategic expansion plans position them well for future growth. Investors can check their allotment status through the registrar's website or BSE on January 21, 2025. The shares are set to debut on January 23, 2025, marking a significant milestone in the company's journey to expand its global consultancy services.
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