Landmark Cars Limited IPO
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Landmark Cars Limited IPO Review
Landmark Cars Limited is India's leading premium automotive retail business with Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault dealerships. This company was incorporated in 1998. They have a commercial vehicle dealership with the Ashok Leyland in India. They have across the automotive retail value chain. After-sales service and repairs, and facilitation of sales of third-party finance & insurance products. They start operations and opened their first dealership for Honda in CY1998, and they expanded their network to include 112 outlets in 8 Indian states.
Landmark Cars Limited Products and Services
Landmark Cars Limited Products and Services are a company that operates as an authorized service center for Mercedes-Benz, Honda, Volkswagen, Jeep, Renault, and Ashok Leyland. In the three months ended June 2022 and in Fiscal 2022, they sold 5,398* & 19,264* new vehicles, respectively, including new passenger vehicles of Mercedes-Benz, Honda, Volkswagen, Jeep, and Renault and new commercial vehicles of Ashok Leyland.Their after-sales service and spare parts offerings at each of their dealership’s repair and collision repair services include warranty work, insurance claim work, and customer-paid services.
Financial Overview
As per the balance statement of the company, the company is in a growing state but it is in the competitive sector. Investors may apply for this IPO after doing the required research.
Frequently Asked Question
Face value of equity shares of Landmark Cars Limited IPO is ₹5.
Landmark Cars Limited IPO will be closed on Dec 15, 2022.
You can apply for an IPO from any place by using internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Landmark Cars Limited IPO by using any one of these method as per your convenience.
Landmark Cars Limited IPO is going to open on Dec 13, 2022.
Landmark Cars Limited IPO will get listed on Dec 23, 2022.
Link Intime India Private Ltd is the registrar of Abans Holdings Limited IPO.
Market lot size of the Landmark Cars Limited IPO is 29 shares.
If you do not get the allotment of Harsha Engineers shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Post-issue share holdings of Landmark Cars Limited IPO promoters are 44.61%.
You will receive the allotted shares in your Demat account on Dec 22, 2022.
Landmark Cars Limited IPO shares will get listed at BSE and NSE.
Pre-issue share holdings of Landmark Cars Limited IPO promoters are 60.24%
Price of 1 share of Landmark Cars Limited IPO is ₹481 - ₹506.
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