IPO Details

Bidding Dates

16 Jan '25 - 20 Jan '25

Minimum Investment

₹1,15,200 / 1 Lot (1,600 Shares)

Price Range

₹70 - ₹72

Maximum Investment

₹1,15,200 / 1 Lot (1,600 Shares)

Retail Discount

To be announced

Issue Size

₹40.32 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)  |  

Landmark Immigration IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Jan 16, 2025

IPO Closing Date

Jan 20, 2025

Basis of Allotment

Jan 21, 2025

Initiation of Refunds

Jan 22, 2025

IPO Listing Date

Jan 23, 2025

Landmark Immigration IPO Subscription Details

DateQIBNIIRetailTotal

Day 1Jan 16, 2025

 1.12 0.9 2.77 1.79

Day 2Jan 17, 2025

 1.12 4.26 8.19 5.03

About Landmark Immigration IPO

Landmark Immigration IPO is a book-built issue valued at ₹40.32 crore, comprising a fresh issue of 56 lakh shares. The IPO opens for subscription on January 16, 2025, and closes on January 20, 2025. The allotment is set to be finalised on January 21, 2025, with the shares expected to list on the BSE SME platform on January 23, 2025.

The price band for the IPO ranges from ₹70 to ₹72 per share. Investors can apply for a minimum lot of 1,600 shares, requiring a minimum investment of ₹1,15,200 for retail investors. High Net Worth Individuals (HNIs) can invest in at least two lots, amounting to ₹2,30,400.

Shreni Shares Limited acts as the book-running lead manager for the IPO, while Kfin Technologies Limited serves as the registrar. The market maker for this issue is also Shreni Shares Limited, ensuring liquidity for the shares post-listing.

For more comprehensive details, referring to the Landmark Immigration IPO Red Herring Prospectus (RHP) is recommended.

Industry Outlook

  1. The services sector remains a key driver of India's economy, contributing 57% to the total Gross Value Added (GVA) in FY24 (April-September). This marks an increase from 53% in FY22, reflecting consistent growth and expansion.
  2. Service exports reached $322.72 billion in FY23, with a surplus of $75.05 billion in FY24 (April-September). This highlights the sector's global competitiveness and its potential to attract foreign investment.
  3. The education sector is projected to grow from $117 billion in FY20 to $225 billion by FY25, while the edtech market is expected to reach $30 billion by 2031. With over 41.38 million students in higher education in 2020-21, the sector shows immense growth potential.

Landmark Immigration IPO Objectives 

The company plans to allocate the net proceeds from the issuance to the following purposes:

  1. Funds will be allocated for capital expenditure to expand the company’s footprint through new branch openings.
  2. A portion will be spent on advertising to boost brand awareness and market presence.
  3. The company aims to pursue inorganic growth through strategic acquisitions.
  4. The remaining portion of the funds will be allocated for general corporate purposes.

About Landmark Immigration Limited 

Landmark Immigration Limited is a leading consultancy offering integrated services in global education and immigration. Established in 2010 as Landmark Immigration Consultants Private Limited, the company was later converted into a public limited entity in 2024. It provides expert guidance to students aiming for higher education abroad, with a particular focus on Canada, as well as immigration consultancy services for tourist, business visas, and permanent residency (PR) applications.

The company’s education consultancy services cover various aspects such as admission guidance, education loan support, scholarships, language proficiency training, and assistance with visa applications for study abroad. It supports students through the entire process, from enrollment to career development, ensuring they are well-prepared for global opportunities.

In addition to education services, Landmark Immigration offers immigration consultancy for individuals looking to travel or settle abroad. The firm provides comprehensive services for tourist and business visa applications, along with detailed consultancy for PR applications, including document guidance and the best times to apply.

With a dedicated team led by promoters Mr. Jasmeet Singh Bhatia and Ms. Richa Arora, the company has successfully positioned itself as a one-stop solution for students and individuals from regions like Punjab, Chandigarh, and Vadodara. Landmark Immigration's mission is to empower its clients by offering them the expertise to succeed in the global landscape, whether through education or immigration.

How To Check the Allotment Status of the Landmark Immigration IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Landmark Immigration IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the Landmark Immigration IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Landmark Immigration IPO 

Registered office: Sco No 95 97, 2nd Floor Sector 17 D, Chandigarh 160017, India 

Phone: +91 9041088824

E-mail: investors.landmarkimmigration@gmail.com    

Landmark Immigration IPO Reservation

Investor Category

Shares Offered

QIB Shares 

Not more than 50% of the Net Issue

NII (HNI) Shares 

Not less than 15% of the Net Issue

Retail Shares 

Not less than 35% of the Net Issue

Landmark Immigration IPO Lot Size

Application

Lots

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 Promoter Holding

The promoters of the company are Mr. Jasmeet Singh Bhatia and Ms. Richa Arora.

Share Holding Pre-Issue

97.92%

Share Holding Post Issue

71.31%

Key Performance Indicators for Landmark Immigration IPO

As of March 31, 2024, the market capitalisation of Landmark Immigration's IPO is ₹148.39 crore. Here are the KPIs of Landmark Immigration:

KPI

Value

ROE (%)

35.64%

Debt to Equity Ratio (x)

0.02

RoNW (%)

30.25

PAT Margin (%)

31.87

Price to Book Value (x)

2.94

 

Price Metrics

Metric

Pre-IPO

Post-IPO

EPS (₹)

7.41

5.24

P/E (x)

9.72

13.74

Note: Pre-IPO EPS is based on the pre-issue shareholding as of the RHP date and the latest FY earnings for March 31, 2024. Post-IPO EPS is calculated using post-issue shareholding and annualised FY earnings for September 30, 2024.

Landmark Immigration IPO Prospectus

Landmark Immigration IPO Registrar and Lead Managers

Landmark Immigration IPO Lead Managers

  • Shreni Shares Limited

Registrar for Landmark Immigration IPO

Kfin Technologies Limited

 

Landmark Immigration IPO Registrar

Financial Performance of Landmark Immigration Limited

Particulars Year ending on March 31, 2024 Year ending on March 31, 2023 Year ending on March 31, 2022
Revenue from Operation (in ₹ lakh) 3,488.88 1,958.28 1,834.41
Profit After Tax (PAT) (in ₹ lakh) 1,111.83 443.48 393.53
Debt to Equity Ratio (x) 0.02 0.10 0.25
Net Worth (in ₹ lakh) 0.02 0.10 0.25
Return on Equity (%) 35.64 18.94 20.47
Return on Capital Employed (%) 41.99 23.37 20.97
Current Ratio (x) 3.33 1.54 1.07
Earning Per Share (EPS)-in absolute ₹ 7.41 2.95 2.62

Know before investing

Strengths

5

  1. Landmark Immigration offers tailored visa consultancy services for diverse needs.

  2. Certifications from reputed universities enhance the credibility of the company.

  3. Dedicated counsellors provide specific visa services based on client destination.

  4. Experienced promoters with over 20 years of industry experience lead the company.

  5. Expansion plans include increasing geographical reach and service offerings for growth.

Risks

5

  1. Changes in student visa policies may affect Landmark Immigration’s business operations.

  2. Dependent on Canada’s reduced target of 4,37,000 international students annually.

  3. Loss of partnerships with global institutions may harm revenue generation.

  4. Rejection of visas by foreign embassies can negatively impact reputation.

  5. Non-compliance or delays with statutory filings may incur regulatory penalties.

  • How to Apply in IPO
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Landmark Immigration Limited Peer Comparison

Company Name Revenue from Operations (in ₹lakh) Profit After Tax (PAT) (in ₹ lakh) Debt to Equity (x) Current Ratio (x)
Landmark Immigration Limited 1795.53 540.12 0.05 3.18
Winny Immigration & Education Services Limited 426.80 (199.46) 0.04 6.80

Landmark Immigration IPO FAQs

What is the Landmark Immigration IPO?

Landmark Immigration IPO is a book-built issue IPO. It will be open from January 16, 2025, to January 20, 2025.

When will the Landmark Immigration IPO be allotted?

The Basis of Allotment will happen on Tuesday, January 21, 2025.

When will the Landmark Immigration IPO open for subscription?

The IPO subscription window will open on January 16, 2025.

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 1,600 shares.

When will Landmark Immigration Limited list on exchanges?

The listing date for Landmark Immigration Limited is Thursday, January 23, 2025.

What is the issue size of the Landmark Immigration IPO?

The issue size of the Landmark Immigration IPO is up to ₹40.32 crore, with a complete fresh issue of ₹40.32 crore.

What are the open and close dates of the Landmark Immigration IPO?

The open and close dates for Landmark Immigration IPO are from January 16, 2025, to January 20, 2025.

What would be the listing gains on the Landmark Immigration IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.

How to increase your chances of getting a Landmark Immigration IPO allotment?

1. Multiple Submissions: Use different Demat accounts to make multiple applications.
2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for the Landmark Immigration IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Landmark Immigration Limited using one PAN?

You can submit only one application using your PAN card.

How to read Landmark Immigration Limited's financial statements?

To read Landmark Immigration’s financial statements, download the IPO’s RHP document.

What is 'pre-apply' for Landmark Immigration Limited IPO?

Pre-apply allows investors to apply for the  Landmark Immigration  IPO two days before the subscription period opens, ensuring an early submission of your application.

If I pre-apply for the Landmark Immigration Limited IPO, when will my order get placed?

Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.

When will I know if my Landmark Immigration Limited IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts.

Who is the registrar of Landmark Immigration IPO?

Kfin Technologies Limited is the registrar responsible for managing the IPO allotment process and handling investor queries.

Where is the Landmark Immigration IPO getting listed?

Landmark Immigration Limited IPO is proposed to be listed on the SME platform of the Bombay Stock Exchange (BSE).