The Landmark Cars IPO has begun on 13-Dec-2022. It will close on 15-Dec-2022. The Total IPO Size is 552 Crore. The company set its IPO price is 481-506 Rs Per Share. Basically, there are three basic categories in Landmark Cars IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
Landmark Carsis leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault The company operates business in India, the United Kingdom, Dubai, Shanghai, Hongkong, Mauritius and Singapore.
They also cater to the commercial vehicle retail business of Ashok Leyland in India. They have expanded our network to include 112* outlets in 8 Indian states, comprised of 61 sales showrooms and outlets and 51* after-sales service and spares outlets.
Can we Subscribe Landmark Cars IPO?
In our view, Avoid.
| Latest News Update: Landmark Cars IPO Subscription Status Live | |
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Landmark Cars IPO Subscription Status( Last updated on 15 Dec 2022 | 05:00:00 PM )
| Day 1 (times) | Day 2 (times) | Day 3 (times) | |
| QIB | 0.00 | 0.09 | 8.71 |
| NII | 0.39 | 0.84 | 1.32 |
| Retail | 0.17 | 0.36 | 0.59 |
| EMP | 1.20 | 2.18 | 2.93 |
| Total | 0.17 | 0.39 | 3.06 |
