Landmark Immigration Consultants
CLOSEDIPO Date: 16 Jan - 20 Jan 2025
Listing Date: 23 Jan 2025
Price Range
₹70 – ₹72
Issue Size
40 Cr
Min Investment
₹1,12,000
Lot Size
1600 Shares
Schedule of Landmark Immigration Consultants
Issue open date
16 Jan 2025
Issue close date
20 Jan 2025
UPI mandate deadline
20 Jan 2025 (5 PM)
Allotment finalization
21 Jan 2025
Share credit
22 Jan 2025
Listing date
23 Jan 2025
Mandate end date
4 Feb 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 40 Cr |
| Fresh Issue | 40.32 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 21 Jan 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 23 Jan 2025 | ₹72 | ₹11 | ₹83 (15.28%) |
| 22 Jan 2025 | ₹72 | ₹11 | ₹83 (15.28%) |
| 21 Jan 2025 | ₹72 | ₹14 | ₹86 (20%) |
| 20 Jan 2025 | ₹72 | ₹19 | ₹91 (27%) |
| 18 Jan 2025 | ₹72 | ₹22 | ₹94 (30%) |
| 17 Jan 2025 | ₹72 | ₹18 | ₹90 (25%) |
| 16 Jan 2025 | ₹72 | ₹17 | ₹89 (23%) |
| 15 Jan 2025 | ₹72 | ₹14 | ₹86 (20%) |
| 14 Jan 2025 | ₹72 | ₹12 | ₹84 (16%) |
Performance Landmark Immigration Consultants
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹70 – ₹72 | ₹ 73 (4.26%) | ₹ 56.75 | -21.18% |
About Landmark Immigration Consultants
Landmark Immigration Consultants, founded in 2010, offers integrated global consultancy services, including Global Education Consultancy (GEC) and Immigration Consultancy (IC). GEC services support students aspiring to study abroad, primarily in Canada, by offering education consultancy, loan guidance, training for language proficiency tests, and visa assistance. IC services cater to customers seeking tourist/business visas or permanent residency applications. The company operates as a one-stop solution, predominantly serving Punjab, Chandigarh, and Vadodara regions, with a mission to empower Indian students and help individuals achieve global aspirations.
| Founded in | 2010 |
| Managing director | Mr. Jasmeet Singh Bhatia |
| Parent organization | Landmark Immigration Consultants Ltd |
Financial Overview
Strengths
- Offers education and immigration consultancy, serving students and PR aspirants.
- Strong presence in Punjab, Chandigarh, and Vadodara with local expertise.
- Led by experienced promoters with industry knowledge.
- Customer-focused solutions ensure satisfaction and loyalty.
Risks
- Reliant on regulatory approvals and policy changes in key markets like Canada.
- Operations concentrated in limited regions, increasing localized risks.
- Financial risks from service costs and demand fluctuations.
- Legal risks from disputes or visa regulation non-compliance.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 35.58 |
| Non-Institutional Investors (NIIs) | 96.57 |
| Retail Individual Investors (RIIs) | 81.87 |
| Employee | N/A |
| Total | 72.84 |