The ₹40.32 crore IPO is a book-built issue, featuring a fresh issue of 56.00 lakh equity shares worth ₹71.62 crores. The fresh issue aims to fund the company’s growth initiatives or working capital needs. This fresh equity reflects a strategic approach to balancing capital infusion.
Open for subscription from 16 January 2025 to 20 January 2025, the IPO is priced between ₹70 and ₹72 per share. Applications are accepted in lots of 1,600 shares, requiring a minimum investment of ₹1,15,200, while HNIs need to apply for at least 3,200 shares, amounting to ₹2,30,400. The listing is scheduled on NSE SME on 22 January 2025, with its structured pricing and growth-oriented outlook expected to attract both retail and institutional investors.
Refer to Landmark Immigration IPO DRHP for detailed information.
Table of content
- Landmark Immigration IPO GMP
- Landmark Immigration IPO Good or Bad, should apply?
- Landmark Immigration IPO Details
- Landmark Immigration Company Finances
- Landmark Immigration IPO Lot Size calculator
- Landmark Immigration IPO Distribution
- About Landmark Immigration Company
- Landmark Immigration IPO Prospectus
- Read our other articles(IPO Insights and Market Prediction)
Landmark Immigration IPO GMP
Check current GMP if Landmark Immigration IPO
Landmark Immigration IPO Good or Bad, should apply?
The IPO of the company engaged in Global Consultancy Services offers an attractive opportunity, given its strong financial position and robust business model. With a focus on Global Education and Immigration Consultancy Services, the company caters to a growing demand for overseas education, visa facilitation, and residency services. Its strengths, including being a one-stop solution for visa consultancy, partnerships with reputed universities, a dedicated team of counsellors, and the expertise of experienced promoters and senior management, make it a reliable player in this industry. These factors underline the company’s potential for long-term growth and stable performance.
Retail investors are advised to monitor the Grey Market Premium (GMP) closely before deciding to apply for the IPO. If the GMP reflects a premium of 40-50% on the third day of the IPO’s opening, applying could yield mild listing gains. This strategy ensures a cautious approach, balancing potential benefits with the risks associated with short-term market volatility.
Landmark Immigration IPO Details
| IPO Date | January 16, 2025 to January 20, 2024 | ||
| Listing Date | 23 January, 2025 | ||
| Face value | 5 per share | ||
| Price band | ₹70 to ₹72 per share | ||
| Lot size | 1,600 Shares | ||
| Total Issue Size | 56,00,000 shares (aggregating up to ₹40.32 Cr) | ||
| Fresh Issue | 56,00,000 shares (aggregating up to ₹40.32 Cr) | ||
| Offer for Sale | 0 | ||
| Issue Type | Fixed Price Issue IPO | ||
| Listing At | NSE SME | ||
| Share Holding Post Issue | 2,06,10,000 shares | ||
| Market Maker Portion | 2,84,800 shares Shreni Shares Limited |
Landmark Immigration Company Finances
The financial performance over the last three years reflects consistent growth and improved efficiency. As of 31 March 2024, assets stood at ₹4,431.51 crore, showing a notable increase from ₹3,625.30 crore in 2023 and ₹3,611.51 crore in 2022. Revenue saw significant growth, rising from ₹1,931.54 crore in 2022 to ₹2,162.62 crore in 2023, and further to ₹3,707.03 crore in 2024. Profit After Tax also showcased strong improvement, reaching ₹1,111.83 crore in 2024 compared to ₹443.48 crore in 2023 and ₹393.53 crore in 2022. The company’s net worth increased steadily from ₹2,120.01 crore in 2022 to ₹3,675.31 crore in 2024. Despite this expansion, total borrowing reduced significantly, from ₹527.34 crore in 2022 to ₹73.69 crore in 2024, indicating effective debt management and a healthier financial position.
Amount in ₹ Lakhs
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4,431.51 | 3,625.3 | 3,611.51 |
| Revenue | 3,707.03 | 2,162.62 | 1,931.54 |
| Total borrowings | 73.69 | 250.62 | 527.34 |
| Profit after tax | 1,111.83 | 443.48 | 393.53 |
| Net Worth | 3,675.31 | 2,563.49 | 2,120.01 |
| Reserves and Surplus | 2,174.31 | 2,562.49 | 2,119.01 |
Landmark Immigration IPO Lot Size calculator
| Application | Lots | Share | Amount |
| Retail (Min) | 1 | 1,600 | ₹1,15,200 |
| Retail (Max) | 1 | 1,600 | ₹1,15,200 |
| HNI (Min) | 2 | 3,200 | ₹2,30,400 |
Landmark Immigration IPO Distribution
| Investor Category | Shares Offered |
| QIB Shares Offered | No more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
About Landmark Immigration Company
Incorporated in 2010, Landmark Immigration Consultants Limited specialises in providing Global Consultancy Services.
The company focuses on Global Education Consultancy for students aspiring to study abroad and Immigration Consultancy for visas, tourism, business, and permanent residency, primarily targeting Canada.
Landmark Immigration operates through 9 fully equipped branches, collaborates with over 30 Canadian institutions, and provides dedicated consultants and training facilities. The company has also signed three franchise agreements in Jammu, Jind, and Karnal.
Services Offered:
- Global Education Consultancy Services: Education consultancy, education loan guidance, scholarship assistance, admission application formalities, training for language proficiency tests, and study/schooling visas.
- Immigration Consultancy Services: Assistance with tourist, business, and permanent residency visas.
As of 30 June 2024, the company employs approximately 135 staff members on its payroll.
Competitive Strengths:
- Expertise of promoters and senior management.
- Comprehensive, one-stop visa consultancy solutions.
- Certifications and appointments from reputed universities, secured by the promoter and the company.
- A dedicated team of experienced counsellors.
Landmark Immigration IPO Prospectus
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