Landmark Immigration IPO Details
The key details of Landmark Immigration’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹40.32 Cr |
| Price Range | ₹70 - ₹72 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1600 |
| Investment (cut-off price) | ₹1,15,200 |
| Pre IPO Promotor Holding | 97.92% |
| Post IPO Promotor Holding | 71.31% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Landmark Immigration IPO Timelines
The IPO process for Landmark Immigration includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
16/01/2025
Start Date20/01/2025
End Date22/01/2025
Refund Initiation22/01/2025
Credit of Shares to Demat Ac23/01/2025
Listing DateLandmark Immigration IPO Lot Size
The Landmark Immigration IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹72 per share, requiring ₹115,200 per lot for retail investors. For HNI investors, the minimum application is 3,200 shares (2 lots) amounting to ₹230,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,15,200 |
| Retail Maximum | 1 | 1600 | ₹1,15,200 |
| HNI Minimum | 2 | 3200 | ₹2,30,400 |
Landmark Immigration IPO Subscription Status
The subscription status for Landmark Immigration IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 35.58x | 116.71x | 81.87x | -- | 72.84x |
IPO Performance on Listing Day
On the listing day (January 23, 2025), Landmark Immigration made a modest debut on the stock exchange. The stock opened at ₹75, showing a small premium of 4.2% over its issue price of ₹72. During the trading session, the stock moved in a narrow range, touching a high of ₹78.75 while holding its base at ₹75. The shares closed at ₹75.25, recording a marginal gain of 4.5% over the issue price, indicating a steady market response to this immigration services provider.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹75.00 | ₹75.25 | ₹78.75 | ₹75 |
Landmark Immigration IPO Company Financials
Landmark Immigration reports robust performance in FY2024 with Total Income of ₹37.07 crores, managing expenses at ₹21.59 crores, and achieving a strong PAT (Profit After Tax) of ₹11.12 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹19.32 | ₹14.07 | ₹3.94 |
| FY 2023 | ₹21.63 | ₹15.48 | ₹4.43 |
| FY 2024 | ₹37.07 | ₹21.59 | ₹11.12 |
About Company
Incorporated in 2010, Landmark Immigration Consultants Limited provides global education and immigration consultancy services. The company assists students seeking to study abroad and offers immigration services for visas, tourism, business, and permanent residency, primarily for Canada. With 9 fully equipped branches and partnerships with over 30 Canadian institutions, Landmark also operates franchises in Jammu, Jind, and Karnal. Its services include education consultancy, loan guidance, scholarships, admission support, language proficiency training, and study visas, alongside immigration services for tourist, business, and permanent residency visas. As of June 2024, the company employs approximately 135 people.
Founded by Mr. Jasmeet Singh Bhatia and Ms. Richa Arora, Landmark Immigration Consultants was initially registered as a private limited company and became a public limited company in 2024. The promoters and a dedicated team of professionals manage the company, focusing on timely delivery, cost management, and strategic partnerships. Landmark is committed to providing career support throughout its programs, offering guidance and opportunities to help students develop professional skills and enhance their career prospects. Their success is attributed to strong business planning and opening new markets, ensuring high-quality service and sustained growth.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | IT (Information Technology) | Jasmeet Singh Bhatia |
Know Before Investing
Landmark Immigration IPO Strengths
- Land Immigration has built a strong brand reputation in the immigration consultancy sector, enhancing client trust and credibility.
- The company provides a comprehensive range of immigration services, including study abroad, work permits, and permanent residency applications.
- Land Immigration has demonstrated consistent revenue growth, indicating a solid business model and increasing market demand.
- The leadership team possesses extensive experience in immigration consultancy, ensuring effective strategic direction and operational efficiency.
- The company utilizes digital marketing strategies effectively to reach potential clients, enhancing visibility and lead generation.
- Land Immigration adheres to industry regulations and standards, minimizing legal risks associated with immigration services.
- The business model allows for scalability, enabling Land Immigration to expand its services and geographical reach as demand grows.
Landmark Immigration IPO Risks
- The company relies heavily on Canadian immigration services, with 90% of its revenue coming from this sector, exposing it to regulatory changes.
- The promoters have a history of delayed payments on loans, raising concerns about financial management and stability.
- The immigration consultancy industry is competitive, which could pressure margins and impact client acquisition.
- The company must navigate complex immigration laws; non-compliance could result in legal penalties and operational disruptions.
- Inefficiencies in service delivery or technology failures could disrupt operations and negatively affect customer satisfaction.
- A significant portion of revenue may come from a few key clients, increasing vulnerability to contract losses.
- Any negative publicity or operational failures could harm the company’s reputation and lead to a loss of clients.
Swot Analysis for Landmark Immigration IPO
Strengths
Established reputation, Strong client success rate, Diverse service offerings
Weaknesses
Limited international presence, Dependence on Indian market, Recent financial growth
Opportunities
Growing demand for overseas education, Expansion into new markets, Government support initiatives
Threats
Intense competition in immigration sector, Regulatory changes, Economic fluctuations
Company Details
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
Website: http://www.landmarkimmigration.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: landmark.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Landmark Immigration IPO are:
- Capital expenditure for new branches
- Advertisement expenses for brand awareness
- Inorganic growth via acquisitions
- General corporate purposes
Shreni Shares Limited is the book-running lead managers for the Landmark Immigration IPO.