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IPO

Landmark Cars Ltd.

The company is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.

RHP
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DRHP
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Open Date

2022-12-13

Close Date

2022-12-15

IPO Details

Check out the issue details for Landmark Cars Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 506

Price Band

₹ 481 - 506

Issue Size

552 Cr.

Issue Type

Book Built

Open

2022-12-13

Close

2022-12-15

Listingprice

₹ 471

ListingGain

-6.92%

Listing Date

2022-12-23

CMP

₹ 615.15

Current Return

21.57%

Company Financials

You can get the following financial statements of Landmark Cars Ltd. as of now.

Subscription Details

The details about the Landmark Cars Ltd IPO is as:

  • The issue size of the IPO is 552 Cr.
  • The price band for Landmark Cars IPO is Rs 481 to Rs 506.
  • The latest tentative GMP of Landmark Cars IPO is in negative.
  • The shares of Landmark Cars IPO will list on 23rd December 2022.
  • The shares of Landmark Cars IPO is subscribed 3.06 Times as of 15th December 2022.

Landmark Cars Ltd IPO Valuation

The approx valuation of Landmark Cars Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 506
Existing Shares (Qty) 3.66 Cr
Fresh Issue (Amount) 150 Cr
Market Cap 2002 Cr
EPS  Rs 17.88
PE Ratio 28.29x

 

Landmark Cars Ltd IPO Issue Size

Landmark Cars Ltd IPO issue size is 552 Cr.

Issue Amount
Fresh Issue 150 Cr
Offer For Sale 402 Cr

 

Landmark Cars IPO Market Lot

An Individual can apply for a minimum 1 lot of 29 shares and a maximum of 13 lots of 377 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 29 Rs 14,674
 Maximum 13 377 Rs 1,90,762

 

Landmark Cars IPO Offer

The shares of Landmark Cars IPO is subscribed 3.06 Times as of 15th December 2022. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 8.71 Times
Non-Institutional Minimum 15% 1.32 Times
Retail Individual Minimum 35% 0.59 Times
Employee   2.93 Times
Total   3.06 Times

 

Landmark Cars IPO Grey Market Premium

As on GMP (Tentative)
9 December 2022 Rs 50
10 December 2022 Rs 50
11 December 2022 Rs 50
12 December 2022 Rs 20
13 December 2022 Rs 20
14 December 2022 Rs 50

Landmark Cars IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Landmark Cars Ltd IPO:

Schedule Date
Basis of Allotment 20 December 2022
Refunds 21 December 2022
Credit to Demat Account 22 December 2022
IPO Listing Date 23 December 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 695.34 764.93 658.46 560.53 681.02
Total Expenditure 662.94 742.17 639.41 522.33 614.89
Operating Profit 32.4 22.76 19.05 38.19 66.13
Other Income 4.31 4.43 7.22 8.26 8.66
Interest 4.59 11.22 10.66 10.79 6.01
Depreciation 6.82 8.58 15.53 16.02 22.21
Exceptional Items 0 0 0 0 0
Profit Before Tax 25.31 7.39 0.08 19.64 46.59
Provision for Tax 9.14 2.39 0.26 4.83 11.59
Net Profit 16.17 5 -0.18 14.81 34.99
Adjusted EPS (Rs.) 1.02 0.14 0 0.4 0.96

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 7.91 18.31 18.31 18.31 18.31
Total Reserves 85.82 217.2 216.94 233 267.51
Borrowings 0 0 7.33 6.06 7.76
Other N/C liabilities 5.43 5.12 21.36 15.53 48.51
Current liabilities 210.95 218.85 224.08 194.96 197.62
Total Liabilities 310.11 459.49 488.02 467.86 539.71
Assets
Net Block 71.14 69.22 85.23 70.75 167.28
Capital WIP 0 0 0 0 1.86
Intangible WIP 0 0 0 0 0
Investments 3.83 141.61 154.83 177.23 183.19
Loans & Advances 42.43 48.47 19.87 29.34 5.58
Other N/C Assets 0 1.07 0.02 0 0.01
Current Assets 192.72 199.12 228.07 190.55 181.79
Total Assets 310.11 459.49 488.02 467.86 539.71
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 55.23 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 25.31 7.39 0.08 19.64 46.59
Adjustment 8.43 16.49 -7.05 -12.51 21.01
Changes in Assets & Liabilities -23.71 8.9 22.97 34.67 -2.47
Tax Paid -8 -6.73 -2.35 2.23 -12.49
Operating Cash Flow 45.12 26.05 13.65 44.03 52.63
Investing Cash Flow -31.17 -14.71 -13.88 -25.74 -41.92
Financing Cash Flow -9.6 -14.54 11.18 -33.02 -13.22
Net Cash Flow 4.35 -3.19 10.95 -14.74 -2.51
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