Landmark Immigration Consultants IPO
IPO Details
- Open Date
16 Jan 2025
- Close Date
20 Jan 2025
- IPO Price Range
₹ 70 to ₹ 72
- IPO Size
₹ 40.32 Cr
- Listing Exchange
BSE SME
- Listing Date
23 Jan 2025
IPO Timeline
Landmark Immigration Consultants IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
16-Jan-25 | 1.12 | 0.9 | 2.77 | 1.79 |
17-Jan-25 | 1.13 | 5.54 | 10.29 | 6.28 |
Last Updated: 17 January 2025 5:34 PM by 5Paisa
Landmark Immigration IPO is set to open on 16 January 2025 and will close on 20 January 2025. Landmark Immigration provides global education and immigration consultancy services, specializing in study abroad programs, visas, and permanent residency, primarily for Canada.
The IPO is an entirely fresh issue of 0.56 Cr shares aggregating to ₹40.32 Cr. The price band is set at ₹70 to ₹72 per share and the lot size is 1,600 shares.
The allotment is scheduled to be finalised on 21 January 2025. It will go public on BSE SME, with a tentative listing date of 23 January 2025.
Shreni Shares Ltd is the book running lead manager, while Kfin Technologies Ltd is the registrar.
Landmark Immigration IPO Size
Types | Size |
---|---|
Total IPO Size | ₹40.32 Cr. |
Offer For Sale | - |
Fresh Issue | ₹40.32 Cr. |
Landmark Immigration IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | 112,000 |
Retail (Max) | 1 | 1600 | 112,000 |
HNI (Min) | 2 | 3200 | 224,000 |
Landmark Immigration IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
QIB | 1.13 | 12,36,800 | 13,93,600 | 10.034 |
NII (HNI) | 5.54 | 9,52,000 | 52,70,400 | 37.947 |
Retail | 10.29 | 20,80,000 | 2,14,09,600 | 154.149 |
Total** | 6.28 | 44,67,200 | 2,80,73,600 | 202.130 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Landmark Immigration IPO Anchor Allocation
Anchor Bid Date | 15 January, 2025 |
Shares Offered | 8,48,000 |
Anchor portion Size (In ₹ Cr.) | 6.11 |
Anchor lock-in period end date for 50% shares (30 Days) | 20 February, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | 21 April, 2025 |
1. Capital expenditure for setting up new branches
2. Advertisement expenses to boost brand visibility
3. Pursuing Inorganic growth via acquisitions
4. General corporate purposes
Landmark Immigration Consultants provides global education and immigration consultancy services, specializing in study abroad programs, visas, and permanent residency, primarily for Canada. With 9 branches, partnerships with 30+ Canadian institutions, and 3 franchise agreements in Jammu, Jind, and Karnal, it offers end-to-end services like visa guidance, test training, and education loans. Supported by 128 employees, its strengths include certifications, experienced promoters, and a skilled team of counselors.
Established in: 2010
Managing Director: Mr. Jasmeet Singh Bhatia
Peers
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 19.32 | 21.63 | 37.07 |
EBITDA | 5.30 | 5.34 | 14.61 |
PAT | 3.94 | 4.43 | 11.12 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 36.12 | 36.25 | 44.32 |
Share Capital | 0.01 | 0.01 | 15.01 |
Total Borrowings | 5.27 | 2.51 | 2.51 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | 3.96 | 2.52 | 7.13 |
Net Cash Generated From / (used in) investing activities | -3.78 | 0.73 | -0.33 |
Net Cash Generated From / (used in) financing activities | -0.85 | -3.95 | 0.08 |
Net Increase (Decrease) In Cash And Cash Equivalents | -0.67 | -0.70 | 6.88 |
Strengths
1. Extensive network of 9 branches and 3 franchise agreements.
2. Partnerships with 30+ Canadian educational institutions.
3. Comprehensive visa and education consultancy services.
4. Experienced promoters and senior management team.
5. Skilled counselors and dedicated training facilities.
Risks
1. Heavy reliance on the Canadian education and immigration market.
2. Limited geographical presence beyond existing branches and franchises.
3. High competition in the global consultancy services sector.
4. Dependency on immigration regulations and policy changes.
5. Relatively small workforce for scaling operations.
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FAQs
Landmark Immigration IPO opens from 16 January 2025 to 20 January 2025.
The size of Landmark Immigration IPO is ₹40.32 Cr.
The price of Landmark Immigration IPO is fixed at ₹70 to ₹72 per share.
To apply for Landmark Immigration IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Landmark Immigration IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Landmark Immigration IPO is 1,600 shares and the investment required is ₹112,000.
The share allotment date of Landmark Immigration IPO is 21 January 2025
The Landmark Immigration IPO will be listed on 23 January 2025.
Shreni Shares Ltd is the book running lead manager for Landmark Immigration IPO.
Landmark Immigration plans to utilise the raised capital from the IPO for:
1. Capital expenditure for setting up new branches
2. Advertisement expenses to boost brand visibility
3. Pursuing Inorganic growth via acquisitions
4. General corporate purposes
Contact Information
Landmark Immigration Consultants
Landmark Immigration Consultants Limited
SCO-95 97 2nd Floor,
Sector 17 D,
Chandigarh G.P.O., 160017
Phone: + 91 9041088824
Email: investors.landmarkimmigration@gmail.com
Website: http://www.landmarkimmigration.com/
Landmark Immigration Consultants IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: landmark.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Landmark Immigration Consultants IPO Lead Manager
Shreni Shares Limited