The Land Immigration IPO opens for subscription on January 16, 2025, and closes on January 20, 2025. The IPO is a book built issue raising ₹40.32 crores, with a fresh issue of 56.00 lakh shares. The allotment is expected to be finalized on January 21, 2025, with the listing date on January 23, 2025, at BSE SME.
The IPO price band is set at ₹70 to ₹72 per share. Retail investors can apply for a minimum lot size of 1,600 shares, requiring an investment of ₹1,15,200, while HNI investors must apply for a minimum of 2 lots (3,200 shares), amounting to ₹2,30,400.
Overview of Contents
Land Immigration IPO Overview
| Particulars | Details |
|---|---|
| IPO Opening Date | January 16, 2025 |
| IPO Closing Date | January 20, 2025 |
| Listing Date | January 23, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹72 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 56,00,000 shares (₹40.32 Cr) |
| Fresh Issue | 56,00,000 shares (₹40.32 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Pre-Issue Shareholding | 1,50,10,000 shares |
| Post-Issue Shareholding | 2,06,10,000 shares |
| Market Maker Portion | 2,84,800 shares |
| Retail Investors Minimum Investment | ₹1,15,200 (1,600 shares) |
| HNI Investors Minimum Investment | ₹2,30,400 (3,200 shares) |
| IPO Subscription | [To Be Announced] |
| Expected Allotment Date | January 21, 2025 |
| Tentative Listing Date | January 23, 2025 |
Land Immigration IPOÂ Lot Size
Investors can place bids for a minimum of 1,600 shares, with the option to apply in multiples of 1,600 shares. Below is a breakdown of the minimum and maximum investments for both retail and HNI investors.
| Application Type | 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 |
Land Immigration IPO Dates
| Event Description | Date |
|---|---|
| IPO Subscription Start Date | Thursday, January 16, 2025 |
| IPO Subscription End Date | Monday, January 20, 2025 |
| Allotment Finalization Date | Tuesday, January 21, 2025 |
| Refunds Initiation Date | Wednesday, January 22, 2025 |
| Shares Credit to Demat Date | Wednesday, January 22, 2025 |
| Stock Listing Date | Thursday, January 23, 2025 |
| UPI Mandate Confirmation Cut-off | 5 PM on January 20, 2025 |
Land Immigration IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Land Immigration IPOÂ Promoter Holding
Mr. Jasmeet Singh Bhatia and Ms. Richa Arora are the promoters of the company, holding a substantial portion of the shares pre-issue. The shareholding will be diluted post-issue, providing opportunities for public participation. The exact post-issue shareholding will be updated once the IPO is concluded.
| Promoter | Shareholding Pre-Issue | Shareholding Post-Issue |
|---|---|---|
| Mr. Jasmeet Singh Bhatia | 97.92% | [To be updated] |
| Ms. Richa Arora | 97.92% | [To be updated] |
About Land Immigration IPO
Landmark Immigration Consultants Limited, established in 2010, specializes in providing global education and immigration consultancy services. The company offers comprehensive solutions for students pursuing education abroad, particularly in Canada, as well as a range of immigration services, including tourist, business, and permanent residency visas.
With 9 fully-equipped branches and partnerships with over 30 Canadian institutions, Landmark Immigration ensures personalized guidance for clients through dedicated consultants and training facilities. Their services also include education loan guidance, scholarships, language proficiency test training, and visa formalities. Additionally, the company has expanded its reach through franchise agreements in Jammu, Jind, and Karnal. Landmark’s strong competitive edge lies in its experienced management team, certifications from reputed universities, and a dedicated team of counselors. With around 135 employees, Landmark is well-positioned to assist clients in navigating the complexities of education and immigration services.
Landmark Immigration Consultants stands out among countless immigration companies in India, thanks to its proven track record of helping students and professionals achieve their dreams of studying and working abroad. Recommended by those who have experienced their exceptional services, Landmark Immigration has earned a reputation for delivering successful education and immigration solutions.
Land Immigration IPO Financial Information
Landmark Immigration IPO has shown consistent growth in its financials over the past few years. Below is a summary of key financial metrics, demonstrating an increase in assets, revenue, and profit after tax, highlighting the company’s strong performance and solid financial foundation.
| Financial Metrics | FY 2023-24 (₹ Lakhs) | FY 2022-23 (₹ Lakhs) | FY 2021-22 (₹ Lakhs) |
|---|---|---|---|
| Total Assets | 4,431.51 | 3,625.30 | 3,611.51 |
| Revenue | 3,707.03 | 2,162.62 | 1,931.54 |
| Profit After Tax | 1,111.83 | 443.48 | 393.53 |
| Net Worth | 3,675.31 | 2,563.49 | 2,120.01 |
| Reserves and Surplus | 2,174.31 | 2,562.49 | 2,119.01 |
| Total Borrowing | 73.69 | 250.62 | 527.34 |
Peer Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income | Financial statements | Company Name | EPS (Basic) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Winny Immigration & Education Services Limited | 11.91 | 21.10 | 17.02 | 15.20 | – Cr. | Land Immigration Consultants Limited | 7.41 | 24.49 | 30.25 | 3 |
Landmark Immigration IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE: | 35.64% |
| ROCE: | 41.99% |
| EBITDA Margin: | 41.87% |
| PAT Margin: | 31.87% |
| Debt to equity ratio: | 0.02 |
| Earning Per Share (EPS): | ₹7.41 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 30.25% |
| Net Asset Value (NAV): | ₹24.49 |
Objects of the IssueÂ
- Capital expenditure to be incurred by the Company for setting up new branches
- Advertisement expenses towards enhancing the awareness and visibility of the brand
- Pursuing Inorganic growth initiatives through Acquisitions
- General corporate purposes
Land Immigration Consultants Limited Contact Details
Company Address:
- SCO-95 97 2nd Floor,
Sector 17 D,
Chandigarh G.P.O., 160017
Phone: +91 9041088824
Email: investors.landmarkimmigration@gmail.com
Website: www.landmarkimmigration.com
Land Immigration IPO Registrar
Registrar Address:
- Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: landmark.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Land Immigration IPO FAQs
What is the Land Immigration IPO open and close date?
The IPO opens on January 16, 2025, and closes on January 20, 2025.
What is the price band for Land Immigration IPO?
The price band is ₹70 to ₹72 per share.
When will the IPO be listed?
The listing date is January 23, 2025.
What is the minimum investment amount for retail investors?
The minimum investment amount is ₹1,15,200 for 1,600 shares.
Who are the promoters of Land Immigration Consultants?
The promoters are Mr. Jasmeet Singh Bhatia and Ms. Richa Arora.