Landmark Immigration Consultants Ltd

Landmark Immigration Consultants Ltd IPO

IPO Price Range: ₹70 - 72

We offer an integrated Global Consultancy Services which includes (i) Global Education Consultancy (GEC) services to students, aspiring to build career abroad majorly in Canada and (ii) Immigration Consultancy (IC) Services for Tourist/Business and application for Permanent Residency (PR). Within GEC, we assist Students in making smarter educational decisions and within IC, we assist customers in making visa application for tourist or business purpose and who are eligible to obtain a PR in that respective country. Our Company provides a one-stop solution to the students and customers predominantly from various parts of Punjab, Chandigarh and Vadodara. The Companys vision is to empower the aspiring students of India and fulfill the dreams of the citizens to position themselves successfully in the global landscape.

Min Investment

₹1,15,200

IPO Size

₹40 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Landmark Immigration Consultants Ltd

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Open Date16 Jan 2025
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Close Date20 Jan 2025
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Allotment Date21 Jan 2025
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Listing Date23 Jan 2025

IPO subscribed over

🚀 58.2246x

This IPO has been subscribed by 82.0369x in retail and 35.5834x in QIB.

Subscription Rate

Total Subscription58.2246x
Retail Individual Investors82.0369x
Qualified Institutional Buyers35.5834x
Non Institutional Investors96.8456x

Key Statistics

Bid Opening DateBid Opening Date16 Jan 2025
Bid Closing DateBid Closing Date20 Jan 2025
Allotment DateAllotment Date21 Jan 2025
Issue SizeIssue Size₹40.32Cr
Quantity in 1 lotQuantity in 1 lot1600

Strengths and Risks of Landmark Immigration Consultants Ltd IPO

Strengths

Strengths

  • One-stop Solution for Immigration and Consultancy Services for Students.

  • Well-entrenched relationship with global network of institutions of higher education across diverse discipline.

  • Qualified Pool of Consultants.

  • Professional & Organizational Development.

  • Experience of our Promoters and senior management team.


Risks

Risks

  • Changes in the foreign Policy on Student VISA and Immigration may affect our business adversely.

  • We generate our major portion of sales from our operations from a particular geographical region, Canada. Any adverse developments affecting our operations in this country could have an adverse impact on our revenue and results of operations.

  • Our Company is heavily dependent on few global institutions of higher education for our revenue. Any loss of such global institutions of higher education may have an adverse impact on our business, results of operations and financial conditions.

  • The global institutions of higher education with whom we work have differing criteria to determine our eligibility to earn revenues from education consultancy services.

  • Rejection of VISA by the foreign Embassy may adversely affect our Reputation, Business and Financial results.

  • In the past, there have been some instances of delays/non-filings/ non-compliance with certain statutory authorities, In the event we are found not to be in compliance with any applicable regulations in relation to the regulatory filings or corporate actions, we may be subject to regulatory actions or penalties for any such possible non-compliance/non-filing/ delay and our business, financial condition and reputation may be adversely affected.

  • All the premises including our registered office and branch offices are not owned by us and we have only lease rights over such premises. In the event we lose such rights or are required to negotiate it, our cash flows, business, financial conditions and results of operations could be adversely affected.

  • Our major portion of revenue from operations is generated from the education consultancy services industry. A general decline or disruption in the education industry in relevant jurisdictions may adversely affect our business operations, results of operations and financial condition.

  • Our Company had negative cash flows in the past years from investing and Financing activities, details of which are given below. Sustained negative cash flow could impact our growth and business.

  • At present we are not subject to any strict Governmental regulation, Introduction of any future Regulations or failure by us to renew, maintain or obtain the required permits or approvals may increase our compliance requirements and may result in the interruption of our operations and may have a material adverse effect on our business.

Promoters Holding

Investors Holdings %
Jasmeet Singh Bhatia87.92%
Richa Arora10%

Frequently Asked Questions of Landmark Immigration Consultants Ltd IPO

  • What is the size of the Landmark Immigration Consultants Ltd IPO?

    The size of the Landmark Immigration Consultants Ltd IPO is ₹40.32Cr .

  • What is 'pre-apply' for Landmark Immigration Consultants Ltd IPO?

    'Pre-apply' for Landmark Immigration Consultants Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Landmark Immigration Consultants Ltd IPO order be placed?

    Your Landmark Immigration Consultants Ltd IPO order will be placed on 16 Jan 2025.

  • What are the open and close dates of the Landmark Immigration Consultants Ltd IPO?

    The open and close dates of the Landmark Immigration Consultants Ltd IPO are 16 Jan 2025 to 20 Jan 2025.

  • What is the lot size and minimum order quantity of the Landmark Immigration Consultants Ltd IPO?

    The lot size and minimum order quantity of the Landmark Immigration Consultants Ltd IPO are 1600 and 1600 respectively.

  • What would be the listing gains on the Landmark Immigration Consultants Ltd IPO?

    The potential listing gains on the Landmark Immigration Consultants Ltd IPO will depend on various market factors and cannot be predicted with certainty.