The Landmark Cars IPO began on December 13, 2022, and will end on December 15, 2022. The size of Landmark Cars IPO is 552 crores. The company has priced its IPO at Rs 481–506 per share. This Landmark Cars IPO Subscription includes three essential categories, such as:
Qualified Institutional Buyers
Non-Institutional Investors
Retail Individual Investors (RIIs)
With dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault here at Landmark Carsis, India’s leading premium automotive retail trading company with operations in India, the United Kingdom, Dubai, Shanghai, Hong Kong, Mauritius, and Singapore.
In addition, Ashok Leyland commercial vehicles in India also cater to the retail business. They have expanded our network to include 112* outlets across 8 Indian states, including 61 sales showrooms and outlets and 51* after-sales service and spare outlets.
Landmark Cars IPO Date & Price Band Details
| IPO Open: | December 13, 2022 |
| IPO Close: | December 15, 2022 |
| IPO Size: | Approx ₹552 Crores |
| Fresh Issue: | Approx ₹150 Crores |
| Offer for Sale: | Approx ₹402 Crores, 26,900,530 Shares |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹481 to ₹506 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
Landmark Cars IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 29 | ₹14,674 |
| Retail Maximum | 13 | 377 | ₹190,762 |
| S-HNI Minimum | 14 | 406 | ₹205,436 |
| B-HNI Minimum | 69 | 2001 | ₹10,12,506 |
Landmark Cars IPO Allotment & Listing Dates
| Price Band Announcement: | December 7, 2022 |
| Anchor Investors Allotment: | December 12, 2022 |
| IPO Open Date: | December 13 2022 |
| IPO Close Date: | December 15 2022 |
| Basis of Allotment: | December 20, 2022 |
| Refunds: | December 21, 2022 |
| Credit to Demat Account: | December 22, 2022 |
| Landmark Cars IPO Listing Date: | December 23, 2022 |
Landmark Cars IPO GMP Live Rates day by day with Kotak rates
| Date | GMP | Kostak | Subject to |
| 10 December | ₹50 | ₹- | ₹- |
| 9 December | ₹50 | ₹- | ₹- |
| 8 December | ₹- | ₹- | ₹- |
| 7 December | ₹- | ₹- | ₹- |
| 6 December | ₹- | ₹- | ₹- |
FAQ
What is Landmark Cars IPO GMP Today?
As of today, the Landmark Cars IPO GMP is 50.
What is Landmark Cars IPO Kostak Rate Today?
The Landmark Cars IPO cost stock rate today is ₹0.
What is Landmark Cars IPO Subject to Sauda Today?
Landmark Cars IPO under the deal is ₹0 from today.
What is Landmark Cars IPO Expected Returns?
The expected return from Landmark Cars IPO is 10%.
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