Landmark Immigration Consultants Ltd - IPO

Landmark Immigration Consultants Ltd IPO Details

Initial public offer of upto 56,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Landmark Immigration Consultants Limited (The Company or Landmark or The Issuer) for cash at a price of Rs. 72.00 per equity share including a share premium of Rs. 62.00 per equity share (the Issue Price) aggregating to Rs. 40.32 crores (The Issue), of which upto 2,84,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72.00 per equity share including a share premium of Rs. 62.00 per equity share aggregating to Rs. 2.05 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of upto 5,315,200 equity shares of face value of Rs. 10/- each at a price of Rs. 72.00 per equity share including a share premium of Rs. 62.00 per equity share aggregating to Rs. 38.27 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.17 % and 25.79 % respectively of the post issue paid up equity share capital of the company.Price Band: Rs. 72 per equity share of face value of Rs. 10/- each.The Floor Price is 7.2 times of the face value.

Objective of issue

Capital exp to be incurred by the company for setting up new branches. Advertisement expenses towards enhancing the awarness and visibility of its brands. Pursuing inorganic growth initiatives through acquisitions. General corporate purposes.

Landmark Immigration Consultants Ltd Contact Details

Landmark Immigration Consultants Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investors.landmarkimmigration@gmail.com

Website - www.landmarkimmigration.com