Open Date

13 Dec 2022

15 Dec 2022


₹ 552  Cr

Close Date

Lot Size

IPO Size

Listing At


Listing Date

23 Dec 2022

Price Range

₹ 481 to ₹ 506 

Landmark Cars, based out Ahmedabad, has over 100 dealerships across the country for brands including Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.  It also caters to the commercial vehicle retail business of Ashok Leyland in India

The issue consists of a fresh issue of equity shares aggregating to ₹150 crores and an offer for sale (OFS) of up to ₹402 crores.

The proceeds from the issue will be used for: · To utilise for repayment/pre-payment, partly or full, of certain borrowings availed by it · General corporate purposes

The Landmark Cars IPO lot size is 29 shares. A retail-individual investor can apply for up to 13 lots (377 shares or ₹190,762).

The shares will be allotted on 20th December

Landmark Cars is promoted by Sanjay Thakker

Axis Capital Limited and ICICI Securities Limited are the book running lead managers to the issue.