Landmark Immigration IPO will open on January 16, 2025 and closes on January 20, 2025. Landmark Immigration Consultants Limited was founded in 2010 and provides global consulting services. The company provides immigration consulting for visas, tourist, business, and permanent residency, mostly in Canada, as well as global education consulting for students looking to study abroad. In this blog, we’ll uncover all the Landmark Immigration IPO details, financial performance, peer analysis, and risk factors.
Landmark Immigration IPO Important Dates
The key pointers for the Landmark Immigration IPO important dates are as follows:
- Bidding Opening Date: January 16, 2025
- Bidding Closing Date: January 20, 2025
- Basis of Allotment Date: January 21, 2025
- Initiation of Refunds (in case of less or no allotment): January 22, 2025
- Shares Credited to Your Demat Account: January 22, 2025
- IPO Listing Date: January 23, 2025
- Listing on Exchange: BSE SME
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- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Landmark Immigration Consultants Limited IPO Issue Size
Landmark Immigration IPO valuation is set at around ₹40.32 crores with the fresh issue.
Here are the important Landmark Immigration IPO details:
- Price Band: ₹70 – ₹72 per share
- Face Value: ₹10 per share
- Landmark Immigration IPO Lot Size: 1600 Shares
- Issue Size and Amount: 56,00,000 shares (amounting up to ₹40.32 Cr)
- Fresh Issue Size and Amount: 56,00,000 shares (amounting up to ₹ 40.32 Cr)
Landmark Immigration IPO Proceeds Usage
Landmark Immigration Consultants Limited IPO proceeds will be used for the following purposes:
- The company plans to use the money raised from the Initial Public Offering (IPO) to open new branches. This will require spending on things like real estate, equipment, and furnishings for the new branches.
- Some of the money will be used for advertising to increase awareness and visibility of the company’s brand name.
- The company also wants to acquire other companies to grow faster. The money will allow them to buy promising companies that complement their business.
- Additionally, some of the money will be kept aside for general business expenses and activities that come up but are hard to predict at this time. This provides flexibility to spend on things that will help the business even if not specifically planned for earlier.
Landmark Immigration IPO Reservations
Landmark Immigration IPO reservations to different investors are:
- For QIB: Not more than 50% of the Net Issue
- For Retail Investors: Not less than 35% of the Net Issue
- For NII (HNI): Not less than 15% of the Net Issue
Landmark Immigration IPO Lot Size
Landmark Immigration IPO lot size is 1,600 shares, wherein bidding can be done in further multiples. The minimum and maximum of the lot size that each category of investor can apply in this IPO are:
Application Type | Lot Size | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1,600 | ₹1,15,200 |
Retail (Max) | 1 | 1,600 | ₹1,15,200 |
HNI (Min) | 2 | 3,200 | ₹2,30,400 |
Landmark Immigration IPO Details: Promoter Holding
The current promoters of Landmark Immigration Consultants Limited are:
- Mr. Jasmeet Singh Bhatia
- Ms. Richa Arora
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Landmark Immigration IPO: Company Overview
Landmark Immigration Consultants Limited, founded in 2010, provides global education and immigration consulting services with a primary focus on Canada. The company has established itself as a one-stop solution for all visa-related services, offering guidance on study abroad options, admissions, loans, and scholarships, as well as assistance with procuring tourist, business, and permanent residency visas.
Landmark operates 9 fully equipped branches across the country and has partnerships with over 30 Canadian universities and colleges. As of September 2024, the company employs around 128 dedicated staff members, including qualified counselors and trainers.
Landmark’s core strengths lie in the considerable experience of its promoters and management team in the domain, as well as the multiple certifications and credentials obtained by them from reputed institutions. The company aims to continue expanding its operations in the study abroad and immigration consulting space by leveraging its expertise, credentials, and ability to provide end-to-end guidance to clients.
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Landmark Immigration Consultants Limited IPO: Financial Performance
Landmark Immigration Consultants Limited’s key financials for different periods are as follows:
Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | % Change (FY24 – FY23) |
---|---|---|---|---|
Assets | 5,216.36 | 4,431.51 | 3,625.3 | 22.24% |
Revenue | 1,924.81 | 3,707.03 | 2,162.62 | 71.41% |
Profit After Tax | 540.12 | 1,111.83 | 443.48 | 150.71% |
Net Worth | 4,215.44 | 3,675.31 | 2,563.49 | 43.37% |
Reserves and Surplus | 2,714.44 | 2,174.31 | 2,562.49 | -15.15% |
Total Borrowing | 198.81 | 73.69 | 250.62 | -70.60% |
*(Amount in ₹ Lakhs)
Peer Analysis of Landmark Immigration IPO
The comparison of Landmark Immigration Consultants Limited’s performance with its peers in the same industry is as follows:
Company Name | EPS (Basic) | NAV (per share) (Rs) | RoNW (%) | P/BV Ratio | EBITDA Margin |
---|---|---|---|---|---|
Land Immigration Consultants Limited | 7.41 | 24.49 | 30.25% | 3 | 41.87% |
Winny Immigration & Education Services Limited | 11.91 | 15.2 | 17.02% | 22 | 9.11% |
*(For FY24 ending)
Risk Factors in Landmark Immigration Consultants Limited IPO
The key risks for Landmark Immigration have been identified based on:
- Financial Impact: Events that may significantly affect the company’s revenue, profits or operations.
- Qualitative Impact: Events that may negatively impact the quality of the company’s services, reputation, etc. even if not financial.
- Collective Impact: Events that together may have a material impact, even if small individually.
- Future Impact: Events that may not seem material today but could negatively affect the company’s future growth and sustainability.
The analysis has focused on identifying risk factors that have a material impact on Landmark Immigration when considered from the above perspectives. This includes both internal risks such as retention of key employees as well external risks like changes in immigration policies and higher competition. The investors should evaluate all the identified risks in their totality when making an informed investment decision regarding the company. Proactive mitigation strategies are being developed to address these risks to ensure long-term success.
Landmark Immigration IPO Details: Contact Information
For inquiries related to the Landmark Immigration IPO details, you can contact at the following places:
Registered Office Address: Landmark Immigration Consultants Limited
SCO-95 97 2nd Floor, Sector 17 D, Chandigarh G.P.O., 160017
Phone: + 91 9041088824
Email: investors.landmarkimmigration@gmail.com
Landmark Immigration IPO Registrar Details:
Kfin Technologies Limited
Phone: +91 40 6716 2222
Email: landmark.ipo@kfintech.com
For all the insights on Landmark Immigration IPO and detailed expert advice, you can download the SMC ACE App or visit the SMC telegram channels. Take smart decisions and apply for this IPO easily on the SMC ACE App by opening demat account now.
Frequently Asked Questions – FAQs
1. When will Landmark Immigration IPO open?
The IPO will open on January 16, 2025, and closes on January 20, 2025.
2. What is the listing date of Landmark Immigration IPO?
The tentative listing date of Landmark Immigration is Thursday, January 23, 2025.
3. What is the Landmark Immigration IPO?
By issuing 56,00,000 equity shares at prices ranging from ₹70 to ₹72 each, the Landmark Immigration IPO seeks to raise about ₹40.32 crores.
4. What is the minimum investment required for the IPO?
The minimum investment for a lot size of 1,600 shares is ₹1,15,200.
5. Who is the registrar of Landmark Immigration Consultants Ltd IPO?
Kfin Technologies Limited is the registrar of the Landmark Immigration IPO.
Reference:
https://www.bsesme.com/download/327379/SME_IPO%20Open/1.%20RHP_Landmark%20Immigration_20250111160117.pdf
Author: All Content is verified by SMC Global Securities.
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