
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
Max. Investment
₹1,15,200
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
Shareholding
Dilution: 37.3% increase in shares
Landmark Immigration Consultants Limited IPO Financials Health
Landmark Immigration Consultants Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,15,200 |
| Retail Maximum | 1 | 1600 | ₹1,15,200 |
| HNI Minimum | 2 | 3200 | ₹2,30,400 |
(All values in CR)
Landmark Immigration Consultants Limited IPO Valuation
| Metric | Value |
|---|---|
| DEBT/EQUITY | 0.02 |
| EPS Post IPO | 5.24 |
| EPS Pre IPO | 7.41 |
| P/E Post IPO | 13.74 |
| P/E Pre IPO | 9.72 |
| PAT MARGIN | 31.87 |
| PRICE TO BOOK VALUE | 2.94 |
| ROE | 35.64% |
| RONW | 30.25% |
(All values in CR)
Strength & Risk of Landmark Immigration Consultants Limited IPO
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.
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 Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 8,48,000 | 8,48,000 | 6.11 |
| HNI | 96.83 | 11,50,400 | 11,13,90,400 | 802.01 |
| Market Maker | 1.00 | 2,84,800 | 2,84,800 | 2.05 |
| QIB | 35.58 | 12,36,800 | 4,40,09,600 | 316.87 |
| Retail | 81.87 | 20,80,000 | 17,02,83,200 | 1 |
| Total | 72.91 | 44,67,200 | 32,56,83,200 | 2 |
Landmark Immigration Consultants Limited IPO GMP
Last updated 15 Jan, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 15 Jan, 2025 | 72 | ₹15▼ | 18200 | ₹87 (20.83%) | - | 15 Jan, 2025 |
| 16 Jan, 2025 | 72 | ₹17▼ | 20700 | ₹89 (23.61%) | - | 16 Jan, 2025 |
| 17 Jan, 2025 | 72 | ₹18▼ | 21900 | ₹90 (25.00%) | - | 17 Jan, 2025 |
| 18 Jan, 2025 | 72 | ₹22▲ | 26800 | ₹94 (30.56%) | - | 18 Jan, 2025 |
| 20 Jan, 2025 | 72 | ₹17▲ | 20700 | ₹89 (23.61%) | - | 20 Jan, 2025 |
| 21 Jan, 2025 | 72 | ₹15▲ | 18200 | ₹87 (20.83%) | - | 21 Jan, 2025 |
| 22 Jan, 2025 | 72 | ₹11 | 13400 | ₹83 (15.28%) | - | 22 Jan, 2025 |
| 23 Jan, 2025 | 72 | ₹11 | 13400 | ₹83 (15.28%) | - | 23 Jan, 2025 |
| 23 Jan, 2025 | 72 | ₹11 | 13400 | ₹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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