Landmark Immigration Consultants Ltd IPO

Landmark Immigration Consultants Ltd IPO

Education

sme

Bidding period

16 Jan 2025 - 20 Jan 2025

Bid price

₹72.00 - ₹72.00

Listing on

BSE-SME

Listing date

23 Jan 2025

Lot size

1600 shares

Issue size

₹40.32 crore


Minimum investment

₹1,15,200.00 / 1 lot

Maximum investment

₹1,15,200.00 / 1 lot

Bidding closed on 20 Jan 2025

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Landmark Immigration Consultants Ltd IPO dates

IPO opening date

16 Jan 2025

IPO end date

20 Jan 2025

Allotment date

21 Jan 2025

Initiation of refunds

22 Jan 2025

Credit of shares to demat

22 Jan 2025

IPO listing date

23 Jan 2025

Landmark Immigration Consultants Ltd IPO financials

Particulars

For the period ending in March 2024 (in ₹ million)

Total assets ₹44.32
Total liabilities ₹44.32
Total expenditure ₹21.59
Total revenue ₹37.07
Profit after tax ₹11.12
EBITDA ₹16.79
Adjusted EBITDA ₹0.00

Landmark Immigration Consultants Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 97.92 71.31
Public group 2.08 28.69

Landmark Immigration Consultants Ltd strengths and risks

Information currently unavailable

  • One-stop Solution for Immigration and Consultancy Services for Students.

  • Well-entrenched relationship with global network of institutions of higher education across diverse discipline.

  • Qualified Pool of Consultants.

  • Professional & Organizational Development.

  • Experience of our Promoters and senior management team.

  • Changes in the foreign Policy on Student VISA and Immigration may affect our business adversely.

  • We generate our major portion of sales from our operations from a particular geographical region, Canada. Any adverse developments affecting our operations in this country could have an adverse impact on our revenue and results of operations.

  • Our Company is heavily dependent on few global institutions of higher education for our revenue. Any loss of such global institutions of higher education may have an adverse impact on our business, results of operations and financial conditions.

  • The global institutions of higher education with whom we work have differing criteria to determine our eligibility to earn revenues from education consultancy services.

  • Rejection of VISA by the foreign Embassy may adversely affect our Reputation, Business and Financial results.

  • In the past, there have been some instances of delays/non-filings/ non-compliance with certain statutory authorities, In the event we are found not to be in compliance with any applicable regulations in relation to the regulatory filings or corporate actions, we may be subject to regulatory actions or penalties for any such possible non-compliance/non-filing/ delay and our business, financial condition and reputation may be adversely affected.

  • All the premises including our registered office and branch offices are not owned by us and we have only lease rights over such premises. In the event we lose such rights or are required to negotiate it, our cash flows, business, financial conditions and results of operations could be adversely affected.

  • Our major portion of revenue from operations is generated from the education consultancy services industry. A general decline or disruption in the education industry in relevant jurisdictions may adversely affect our business operations, results of operations and financial condition.

  • Our Company had negative cash flows in the past years from investing and Financing activities, details of which are given below. Sustained negative cash flow could impact our growth and business.

  • At present we are not subject to any strict Governmental regulation, Introduction of any future Regulations or failure by us to renew, maintain or obtain the required permits or approvals may increase our compliance requirements and may result in the interruption of our operations and may have a material adverse effect on our business.

How to check the allotment status of the Landmark Immigration Consultants Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Landmark Immigration Consultants Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Landmark Immigration Consultants Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

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Landmark Immigration Consultants Ltd IPO registrar

KFin Techologies Ltd

Phone number +91 40 6716 2222
E-mail ID einward.ris@kfintech.com
Website www.kfintech.com

Landmark Immigration Consultants Ltd IPO reservation

QIB shares offered

12,36,800 (22.09%)

NII (HNI) shares offered

11,50,400 (20.54%)

Retail shares offered

20,80,000 (37.14%)

Anchor investor shares offered

8,48,000 (15.14%)

Total shares offered

56,00,000

Total shares with anchor investor

56,00,000

Landmark Immigration Consultants Ltd IPO lead manager

  • Shreni Shares Ltd

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How to apply for an IPO with Bajaj Broking?

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  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the Landmark Immigration Consultants Ltd IPO?

The listing date for the Landmark Immigration Consultants Ltd IPO is 23 Jan 2025.

What is the issue size of Landmark Immigration Consultants Ltd IPO?

The issue size of the Landmark Immigration Consultants Ltd IPO is ₹40.32 cr.

What is the minimum lot size needed for Landmark Immigration Consultants Ltd IPO?

The minimum lot size for Landmark Immigration Consultants Ltd IPO is 1600

When does the Landmark Immigration Consultants Ltd open and close?

Landmark Immigration Consultants Ltd IPO is open from 16 Jan 2025 to 20 Jan 2025.

How can I apply for the Landmark Immigration Consultants Ltd IPO?

To apply for the Landmark Immigration Consultants Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
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