Landmark Immigration IPO Overview
The Landmark Immigration IPO is set to open on January 16, 2025, and will close on January 20, 2025. The company plans to raise ₹40.32 crores through a Book Built Issue, entirely composed of a fresh issue. The IPO price band is set between ₹70 to ₹72 per share with a face value of ₹10 per equity share. The IPO will list on the BSE SME platform on January 23, 2025.
Below is a detailed summary of the Landmark Immigration IPO.
Landmark Immigration IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | January 16, 2025 |
| IPO Close Date | January 20, 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹70 to ₹72 per share |
| Issue Size | ₹40.32 crores |
| Fresh Issue | ₹40.32 crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
| Retail Quota | 35% |
| QIB Quota | 50% |
| HNI Quota | 15% |
Landmark Immigration IPO Market Lot
The minimum market lot for this IPO is 1,600 shares, with a corresponding investment amount of ₹1,15,200. Below are the lot size details:
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,600 | ₹1,15,200 |
| Retail Maximum | 1 | 1,600 | ₹1,15,200 |
| S-HNI Minimum | 2 | 3,200 | ₹2,30,400 |
Landmark Immigration IPO Schedule
| Event | Date |
|---|---|
| IPO Open Date | January 16, 2025 |
| IPO Close Date | January 20, 2025 |
| Basis of Allotment | January 21, 2025 |
| Refunds | January 22, 2025 |
| Credit to Demat Account | January 22, 2025 |
| IPO Listing Date | January 23, 2025 |
Company Financial Overview
Landmark Immigration has demonstrated remarkable financial growth over the past few years. The financial summary is outlined below:
| Period Ended | Revenue (₹ Crores) | Expenses (₹ Crores) | Profit After Tax (₹ Crores) | Assets (₹ Crores) |
|---|---|---|---|---|
| 2022 | ₹19.32 | ₹14.07 | ₹3.94 | ₹36.12 |
| 2023 | ₹21.63 | ₹15.48 | ₹4.43 | ₹36.25 |
| 2024 | ₹37.07 | ₹21.59 | ₹11.12 | ₹44.32 |
Key Performance Indicators (FY 2024)
| KPI | Value |
|---|---|
| ROE | 35.64% |
| ROCE | 41.99% |
| EBITDA Margin | 41.87% |
| PAT Margin | 31.87% |
| Debt to Equity Ratio | 0.02 |
| Earnings Per Share (EPS) | ₹7.41 |
| Return on Net Worth (RoNW) | 30.25% |
| Net Asset Value (NAV) | ₹24.49 |
Peer Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Winny Immigration & Education Services Limited | 11.91 | 21.10 | 17.02 | ₹15.20 | – |
Objects of the Issue
The objectives for the proceeds of the Landmark Immigration IPO include:
- Branch Expansion: Capital expenditure for setting up new branches.
- Brand Awareness: Allocating funds for advertising and increasing visibility.
- Inorganic Growth: Pursuing acquisitions to strengthen market presence.
- General Corporate Purposes: Supporting day-to-day operations and building financial stability.
Promoters of Landmark Immigration
The company’s promoters are:
- Mr. Jasmeet Singh Bhatia
- Ms. Richa Arora
About Landmark Immigration Limited
Established in 2007, Landmark Immigration is a leading global education and immigration consulting company. The firm specializes in assisting students seeking overseas education opportunities, particularly in Canada, and offers a variety of services, including:
- Global Education Consultancy (GEC): Assisting students with scholarships, loan advice, language proficiency training, and study visas.
- Immigration Consultancy (IC): Supporting applications for permanent residency, business, and tourist visas.
The company primarily serves clients in Punjab, Chandigarh, and Vadodara, offering personalized and comprehensive solutions.
In FY 2024, the company reported a revenue of ₹37.07 crores, a significant rise from ₹21.63 crores in FY 2023. The profit after tax also saw a substantial increase from ₹4.43 crores in 2023 to ₹11.12 crores in 2024.
IPO Registrar
- Registrar Name: KFin Technologies Limited
- Contact Email: landmark.ipo@kfintech.com
- Website: KFin Technologies
FAQs
- What is the size of the Landmark Immigration IPO?
The IPO size is ₹40.32 crores. - What is the price band for the IPO?
The price band is ₹70 to ₹72 per equity share. - When will the allotment be finalized?
The allotment date is January 21, 2025. - How can I apply for the Landmark Immigration IPO?
Applications can be submitted via ASBA online, UPI through stockbrokers, or offline forms. - When will the IPO be listed?
The IPO will be listed on BSE on January 23, 2025.
Conclusion
Landmark Immigration IPO presents an attractive investment opportunity for investors seeking long-term returns. The company’s consistent financial growth and strategic market expansion plans make it a strong contender in the global education and immigration consulting space.