Landmark Immigration Consultants Limited’s IPO opens on 16 January 2025 and runs until 20 January 2025. This SME IPO is raising ₹40.32 crore from an entire fresh issue of 56 lakh equity shares.
The ipo allotment date will be finalized on Tuesday, 21 January 2025 and the Landmark Immigration Consultants shares will probably be listed on BSE SME on Thursday, 23 January 2025.
Landmark Immigration Consultants IPO’s price band has been set between ₹70 and ₹ 72 per share. The ipo lot size is 1600 per application, making the minimum retail investment ₹115200 while HNIs have to subscribe to at least 2 lots, or 3200 shares worth ₹ 230400.
Landmark Immigration Consultants BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 16, 2025 |
| IPO Closing Date | January 20, 2025 |
| Tentative IPO Listing Date | January 23, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹70 to ₹72 per share |
| Lot Size | 1600 shares |
| Total Issue Size | 5600000 shares (₹40.32 Cr.) |
| Fresh Issue | 5600000 shares (₹40.32 Cr.) |
| IPO Segment | Book Built IPO Issue |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 15010000 shares |
| Share Holding Post-Issue | 20610000 shares |
Landmark Immigration Consultants Limited | Company Overview
Landmark Immigration Consultants Limited was incorporated in the year 2010 and offers consultancy services across the globe. The company operates with two business segmentations which are –
- Education Consultancy: Landmark Immigration Ltd. helps students with their admission, visa, and traveling procedures to foreign countries. There are around 30 Canadian institutions partners of Landmark Immigration.
- Immigration Consultancy: The second business segment of the firm is Immigration consultancy where the firm helps people with their visa applications, tourism-related traveling, settling in abroad land via business investments, and other permanent residency-related services. All these services are for Canada again like the education consultancy segment.
It has nine fully equipped branches through which it offers these services. The firm has a dedicated consultant team and also a training facility to prepare the students interested in going abroad. There will be three more franchises in Jammu, Karnal, and Jind and the firm has already entered into agreements for the same.
Landmark Immigration Consultants Limited IPO | Key Details
- Landmark Immigration Consultants IPO Opening Date: January 16, 2025,
- Landmark Immigration Consultants IPO Closing Date: January 20, 2025.
- Allotment Date: January 21, 2025
- Price Band: ₹70 to ₹72 per share
- Lot Size: 1600 shares
- Refunds Initiated: January 22, 2025
- Shares Credited to Demat: January 22, 2025
- Listing Date: January 23, 2025
Landmark Immigration Consultants Ltd: Financial Overview
Landmark Immigration Consultants Limited has performed phenomenally well in FY24. It not only increased its profit (PAT) for the year by 150% but also reduced its total borrowing by 70%. However, there had been a 15% drop in the reserve and surplus as well.
Here are the details of the financials of the firm
Amounts in ₹ Lakhs
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 4,431.51 | 3,625.30 | 806.21 | 22.2384354 |
| Revenue | 3,707.03 | 2,162.62 | 1,544.41 | 71.4138406 |
| Profit After Tax | 1,111.83 | 443.48 | 668.35 | 150.705782 |
| Net Worth | 3,675.31 | 2,563.49 | 1,111.82 | 43.3713414 |
| Reserve & surplus | 2,174.31 | 2,562.49 | -388.18 | -15.1485469 |
| Total Borrowing | 73.69 | 250.62 | -176.93 | -70.5969196 |
FAQs | Landmark Immigration Consultants Ltd IPO
Landmark Immigration Consultants Ltd is engaged in offering education consultancy and immigration consultancy services.
The tentative IPO listing date of Landmark Immigration Consultants has been fixed as Thursday, January 23, 2025.
The bidding date for the Landmark Immigration Consultants IPO is January 16, 2025, and it will continue until January 20, 2025.
The minimum IPO lot size for Landmark Immigration Consultants is 1600 shares. The HNIs need to subscribe to at least two lots.
The IPO allotment is expected to be finalized on Monday, January 21, 2025.
The IPO face value is set at ₹10 per share.
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