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Landmark Immigration Consultants IPO

₹1,12,000/1600 shares

Minimum Investment

IPO Details

Open Date

16 Jan 25

Close Date

20 Jan 25

Minimum Investment

1,12,000

Lot Size

1600

Price Range

70 to ₹72

Listing Exchange

BSE

Issue Size

40.32 Cr

Listing Date

23 Jan 25

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Landmark Immigration Consultants IPO Timeline

Bidding Start

16 Jan 25

Bidding Ends

20 Jan 25

Allotment Finalisation

21 Jan 25

Refund Initiation

22 Jan 25

Demat Transfer

22 Jan 25

Listing

23 Jan 25

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About Landmark Immigration Consultants Limited IPO

Landmark Immigration Consultants Limited provides comprehensive global consultancy services, focusing on Global Education Consultancy (GEC) and Immigration Consultancy (IC). The company assists students in making informed educational decisions and supports visa applications for tourism, business, and permanent residency. Established in 2010, Landmark Immigration operates from Punjab, Chandigarh, and Vadodara, serving clients through a robust network of offices and franchise agreements. With a professional team of consultants, the company is committed to empowering individuals, offering tailored guidance to achieve their educational and immigration aspirations globally.

IPO Strengths

  • Landmark Immigration provides tailored visa consultancy services, managing all aspects from documentation to administrative tasks for tourism, business, and permanent residency.
  • The company and promoter, Mr. Jasmeet Singh Bhatia, hold prestigious certifications, including USATC and CCEA, and are authorised representatives for institutions like the University of Nebraska-Lincoln and Niagara College.
  • A dedicated team offers country-specific visa and education guidance, helping clients achieve their academic and immigration goals.
  • Promoters and senior management bring over 20 years of expertise, driving global representation, strategic growth, and cross-cultural initiatives.

Landmark Immigration Consultants Limited IPO Key Financials (in lakhs)

Particulars 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 4431.51 3625.30 3611.51
Revenue 3707.03 2162.62 1931.54
Profit After Tax 1111.83 443.48 393.53
Reserves and Surplus 2174.31 2562.49 2119.01
Total Borrowings 73.69 250.62 527.34

Landmark Immigration Consultants Limited IPO Details

Category Details
Issue Type Book Built Issue IPO
Total Issue Size Fresh Issue: 56,00,000 shares (aggregating to ₹40.32 crore)

Offer for Sale (OFS): NA

IPO Dates Mentioned below
Price Bands ₹70 to ₹72 per share
Lot Size 1600 Shares
Face Value ₹10 per share
Listing Exchange SME, BSE
Shareholding pre-issue 1,50,10, 000 shares
Shareholding post -issue 2,06,10,000 shares
Market Marker Position 2,84,800 shares (Shreni Shares Limited)

Landmark Immigration Consultants Limited IPO Important Dates

IPO Activity Date
IPO Open Date 16 January 2025
IPO Close Date 20 January 2025
Basis of Allotment Date 21 January 2025
Refunds Initiation 22 January 2025
Credit of Shares to Demat 22 January 2025
IPO Listing Date 23 January 2025

Landmark Immigration Consultants Limited IPO Lots

Application Lots Shares Amount
Retail (Min) 1 1600 ₹1,15,200
Retail (Max) 1 1600 ₹1,15,200
HNI (Min) 2 3200 ₹2,30,400

 

Landmark Immigration Consultants Limited IPO Lead Managers

Lead Managers
Shreni Shares Limited

Landmark Immigration Consultants Limited IPO Valuation Overview

KPI Value
Earnings Per Share (EPS) 7.41
Price/Earnings (P/E) Ratio TBD
Return on Net Worth (RoNW) 30.25%
Net Asset Value (NAV) 24.49
Return on Equity 35.64%
Return on Capital Employed (ROCE) 41.99%
EBITDA Margin 41.87%
PAT Margin 31.87%
Debt to Equity Ration 0.02

Landmark Immigration Consultants Limited IPO Peer Group Comparison

Name of Company Face Value (₹) Basic & Diluted EPS (₹) PE Ratio (times) RoNW (%) NAV per Share (₹)
Landmark Immigration Consultants Limited 10 7.41 [●] 30.25 24.49
Peer Group
Winny Immigration & Education Services Limited 10 11.91 21.10 17.02 15.20

Objectives of the Proceeds

  • Capital expenditure for setting up new branches ₹1345.68 Lakhs
  • Advertisement expenses towards enhancing the awareness and visibility of the brand ₹1,665 Lakhs
  • Pursuing inorganic growth initiatives through acquisitions ₹1,200 Lakhs
  • Meeting general corporate expenses

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