Landmark Immigration Consultants Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,084,800 (37%) | — | ₹1,501 Cr |
| NII (HNI) | — | 1,150,400 (21%) | — | ₹828 Cr |
| Retail | — | 2,080,000 (37%) | — | ₹1,498 Cr |
| Market Maker | — | 284,800 (5%) | — | ₹21 Cr |
| Σ Total | — | 5,600,000 (100%) | — | ₹40,320 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 1,925 | 3,707 | 2,163 |
| Profit After Tax | 540 | 1,112 | 443 |
| Net Worth | 4,215 | 3,675 | 2,563 |
| Total Assets | 5,216 | 4,432 | 3,625 |
| Reserves & Surplus | 2,714 | 2,174 | 2,562 |
| Total Borrowing | 199 | 74 | 251 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital expenditure to be incurred by the Company for setting up new branches –
- Advertisement expenses towards enhancing the awareness and visibility of the brand –
- Pursuing Inorganic growth initiatives through Acquisitions –
- General corporate purposes –
Company Overview
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 and training facilities. Company has entered into 3 Franchise Agreements at Jammu, Jind, and Karnal.
Services:
- Global Education Consultancy Services: Education Consultancy, Education Loan Guidance, and Scholarships, Admission application Formalities, Training for Language Proficiency Tests, Study/Schooling Visa.
- Immigration Consultancy Services: Tourist Visa/Business Visa, Permanent Residency Visa.
As of September 30, 2024, the company has around 128 employees on a payroll basis.
Competitive Strengths:
- One-Stop Solution for Visa Consultancy Services
- Certifications and appointments by reputed universities obtained by Promoter and Company
- Dedicated Team of Counsellors
- Experience of the Promoters and senior management team.