Founded in 2010, Landmark Immigration Consultants Limited operates in the field of Global Consultancy Services. The IPO for Landmark Immigration was open for bidding from January 16, 2025, to January 20, 2025.
The Landmark Immigration IPO was open for bidding from January 16, 2025, to January 20, 2025, with the allotment likely to be finalized today, on Tuesday, January 21, 2025. The IPO, priced within a band of ₹70 to ₹72 per share, is set to list on the BSE SME, with the tentative listing date scheduled for Thursday, January 23, 2025.
The company plans to utilize the net proceeds from the issue to fund capital expenditure for setting up new branches, advertising expenses to enhance brand awareness and visibility, pursuing inorganic growth initiatives through acquisitions, and general corporate purposes.
(January 20, 2025, End of Day)
The IPO of Landmark Immigration Limited was oversubscribed by 72.84 times. Retail investors subscribed 81.87 times, qualified institutional buyers (QIB) subscribed 35.58 times, and non-institutional investors (NII) subscribed 116.71 times to the public issue.
The grey market premium on shares of Landmark Immigration Consultants IPO stood at Rs 17 as of 09:53 p.m. on Jan. 21, marking a premium of 23.61% over the issue price, according to NDTV Profit. As per the current Landmark Immigration Consultants IPO GMP trends, shares of the company are likely to list on BSE at Rs 89 per share.
Disclaimer: The GMP (Grey Market Premium) price is unauthenticated market-related news and has no discernible basis. The same quoted above is as per news that appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade or deal in the grey market, nor do we recommend or endorse trading in the grey market.
Founded in 2010, Landmark Immigration Consultants Limited specializes in Global Consultancy Services. The company provides Global Education Consultancy for students looking to study abroad, as well as Immigration Consultancy for visas, tourism, business, and permanent residency, with a focus on Canada. Landmark operates nine fully equipped branches and collaborates with over 30 Canadian institutions, offering services through dedicated consultants and training facilities. Additionally, the company has signed three franchise agreements in Jammu, Jind, and Karnal. Its services include Global Education Consultancy, which covers education loan guidance, scholarships, admission formalities, language proficiency test training, and study visa assistance, alongside Immigration Consultancy services for tourist visas, business visas, and permanent residency visas.
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