Landmark Immigration Consultants Ltd
Registered Office:
Sco #.95 97 2nd Flr Sector 17D,,
Chandigarh
-
160017,
Phone : +91 90410 88824
Fax : NA
Initial public offer of upto 56,00,000 equity shares of face value of
(Rs) 10/- each (the "Equity Shares") of Landmark Immigration Consultants Limited ("The Company" or "Landmark" or "The Issuer") for cash at a price of (Rs) 72 per equity share including a share premium of (Rs) 62 per equity share (the "Issue Price") aggregating to (Rs) 40.32 crores ("The Issue"), of which upto 2,84,800 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 72 per equity share including a share premium of (Rs) 62 per equity share aggregating to (Rs) 2.05 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 5,315,200 equity shares of face value of (Rs) 10/- each at a price of (Rs) 72 per equity share including a share premium of (Rs) 61 per equity share aggregating to (Rs) 38.27 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.17% and 25.79 % respectively of the post issue paid up equity share capital of the company.
Price Band: (Rs) 72 per equity share of face value of (Rs) 10 each.
The Floor Price is 7.2 times of the face value.
Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.
Opens On
Closes On
Application
Allotment
16-Jan-25
20-Jan-25
72.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Cost
35.60
Shreni Shares Ltd
Project Financed through Current Offer
40.32
Post Issue Equity Share Capital
20.61
Capital exp to be incurred by the company for setting up new branches
Advertisement expenses towards enhancing the awarness and visibility of its brands
Pursuing inorganic growth initiatives through acquisitions
General corporate purposes
Jasmeet Singh Bhatia
Richa Arora