SME · BSESubscribed: 72.91×GMP ₹11
Landmark Immigration Consultants Limited

Landmark Immigration Consultants Limited

Landmark Immigration Consultants Limited(LICL)

Total Shares

56,00,000

Issue Size

₹40.32 Cr

Price Band

70 – ₹72

Lot Size

1600 shares

Min. Investment

1,15,200

Max. Investment

1,15,200

Open Date

16 Jan, 2025

Close Date

20 Jan, 2025

Allotment

21 Jan, 2025

Listing

23 Jan, 2025

Announced

16 Jan, 2025

Opening Date

16 Jan, 2025

Closing Date

20 Jan, 2025

Basis of Allotment

21 Jan, 2025

Initiation of Refunds

22 Jan, 2025

Credit of Shares

22 Jan, 2025

Listing Date

23 Jan, 2025

Live GMP

Est. Listing: ₹87

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About Landmark Immigration Consultants Limited IPO

Incorporated in 2010, Landmark Immigration Consultants Limited is engaged in the business of Global Consultancy Services.

The company offers Global Education Consultancy for students seeking to study abroad and Immigration Consultancy for visas, tourism, business, and permanent residency, primarily in Canada.

The company offers global education and immigration consultancy through 9 fully equipped branches, partnering with over 30 Canadian institutions, with dedicated consultants

Landmark Immigration Consultants Limited IPO Share Price and Issue Size

Issue Breakdown

Total Issue56,00,000 shares₹40.32 Cr
Fresh Issue56,00,000 shares₹ 40.32 Cr
Offer for Sale0 shares

Shareholding

Pre-Issue1,50,10,000
Post-Issue2,06,10,000

Dilution: 37.3% increase in shares

Landmark Immigration Consultants Limited IPO Financials Health

Landmark Immigration Consultants Limited IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum116001,15,200
Retail Maximum116001,15,200
HNI Minimum232002,30,400

(All values in CR)

Landmark Immigration Consultants Limited IPO Valuation

MetricValue
DEBT/EQUITY0.02
EPS Post IPO5.24
EPS Pre IPO7.41
P/E Post IPO13.74
P/E Pre IPO9.72
PAT MARGIN31.87
PRICE TO BOOK VALUE2.94
ROE35.64%
RONW30.25%

(All values in CR)

Strength & Risk of Landmark Immigration Consultants Limited IPO

+Strengths

1. One-stop Solution for Immigration and Consultancy Services for Students.

2. Well-entrenched relationship with global network of institutions of higher education across diverse discipline.

3. Qualified Pool of Consultants.

4. Professional & Organizational Development.

5. Experience of our Promoters and senior management team.

!Risks

1. Changes in the foreign Policy on Student VISA and Immigration may affect our business adversely.

2. We generate our major portion of sales from our operations from a particular geographical region, Canada. Any adverse developments affecting our operations in this country could have an adverse impact on our revenue and results of operations.

3. Our Company is heavily dependent on few global institutions of higher education for our revenue. Any loss of such global institutions of higher education may have an adverse impact on our business, results of operations and financial conditions.

4. The global institutions of higher education with whom we work have differing criteria to determine our eligibility to earn revenues from education consultancy services.

5. Rejection of VISA by the foreign Embassy may adversely affect our Reputation, Business and Financial results.

6. In the past, there have been some instances of delays/non-filings/ non-compliance with certain statutory authorities, In the event we are found not to be in compliance with any applicable regulations in relation to the regulatory filings or corporate actions, we may be subject to regulatory actions or penalties for any such possible non-compliance/non-filing/ delay and our business, financial condition and reputation may be adversely affected.

7. All the premises including our registered office and branch offices are not owned by us and we have only lease rights over such premises. In the event we lose such rights or are required to negotiate it, our cash flows, business, financial conditions and results of operations could be adversely affected.

8. Our major portion of revenue from operations is generated from the education consultancy services industry. A general decline or disruption in the education industry in relevant jurisdictions may adversely affect our business operations, results of operations and financial condition.

9. Our Company had negative cash flows in the past years from investing and Financing activities, details of which are given below. Sustained negative cash flow could impact our growth and business.

10. At present we are not subject to any strict Governmental regulation, Introduction of any future Regulations or failure by us to renew, maintain or obtain the required permits or approvals may increase our compliance requirements and may result in the interruption of our operations and may have a material adverse effect on our business.

Landmark Immigration Consultants Limited IPO Subscription Status

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
Anchor1.008,48,0008,48,0006.11
HNI96.8311,50,40011,13,90,400802.01
Market Maker1.002,84,8002,84,8002.05
QIB35.5812,36,8004,40,09,600316.87
Retail81.8720,80,00017,02,83,2001
Total72.9144,67,20032,56,83,2002

Landmark Immigration Consultants Limited IPO GMP

+15+20.8%

Last updated 15 Jan, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
15 Jan, 202572₹1518200₹87 (20.83%)-15 Jan, 2025
16 Jan, 202572₹1720700₹89 (23.61%)-16 Jan, 2025
17 Jan, 202572₹1821900₹90 (25.00%)-17 Jan, 2025
18 Jan, 202572₹2226800₹94 (30.56%)-18 Jan, 2025
20 Jan, 202572₹1720700₹89 (23.61%)-20 Jan, 2025
21 Jan, 202572₹1518200₹87 (20.83%)-21 Jan, 2025
22 Jan, 202572₹1113400₹83 (15.28%)-22 Jan, 2025
23 Jan, 202572₹1113400₹83 (15.28%)-23 Jan, 2025
23 Jan, 202572₹1113400₹83 (15.28%)-23 Jan, 2025

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

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