Sensex
84,150.93 profit arw 966.13 (1.16%)
Nifty
25,689.15 profit arw 273.35 (1.08%)
Nasdaq
18,013.98 profit arw 440.68 (2.51%)

GET IN TOUCH

GET IN TOUCH

IPO Details


Landmark Cars Ltd
Registered Office: Landmark House Opp AEC SG HW, Thaltej Near Gurudwara, Ahmedabad - 380059, Gujarat
Phone: 91-79-6618 5555
Email: companysecretary@landmarkindia.net
Website: https://www.grouplandmark.in
Initial public offering of 10,911,160* equity shares of face value of Rs. 5 each (Equity Shares) of the company for cash at a price of Rs. 506 per equity share (including a share premium of Rs. 501 per equity share) (Offer Price) aggregating to Rs. 552.00* crores (Offer). The offer comprised a fresh issue of 2,966,498* equity shares aggregating to Rs. 150.00* crores (Fresh Issue) and an offer for sale of 7,944,662* equity shares (Offered Shares) aggregating to Rs. 402.00* crores, comprising of 6,422,924* equity shares aggregating to Rs. 325.00* crores by TPG Growth ii SF Pte. Ltd., 197,628* equity shares aggregating to Rs. 10.00* crores by Sanjay Karsandas Thakker huf, 1,225,296* equity shares aggregating to Rs. 62.00* crores by Aastha Limited and 98,814* equity shares aggregating to Rs. 5.00* crores by Garima Misra (TPG Growth ii SF Pte. Ltd., Sanjay Karsandas Thakker huf, Aastha Limited and Garima Misra are collectively referred to as the Selling Shareholders, and each individually, as a Selling Shareholder and such offer for sale of equity shares by the selling shareholders, the Offer for Sale). The offer included a reservation of 21,834* equity shares aggregating to Rs. 1.00* crores (constituting up to 0.06 % of the post-offer paid-up equity share capital of the company) for subscription by eligible employees (the Employee Reservation Portion). The company and the selling shareholders, in consultation with the brlms, offered a discount of 9.49% to eligible employees bidding in the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 27.56% and 27.50%, respectively, of the post-offer paid-up equity share capital of the company, respectively. *Subject to finalisation of the basis of allotment. Bids can be made for a minimum of 29 equity shares and in multiples of 29 equity share thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
13-Dec-2022 15-Dec-2022 506.00 0.00
Minimum Application for shares in Nos : 29 Further Multiples of : 29
()Cr. Lead Managers to the Issue
Project Cost 139.11 Axis Capital Ltd
Project Financed through Current Offer 552.00
Post Issue Equity Share Capital 19.80
Issue Price 506.00
Projects
Repayment/pre-payment, in full or in part of certain borrowings availed by the company and subsidiary
General corporate purposes
Promoted By
Sanjay Karsandas Thakker
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

84,150.93 966.13 (1.16%)

Nifty

25,689.15 273.35 (1.08%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)