Landmark Immigration IPO: Key Details, Insights, and Investment Guide
20 January 2025 · Sachin Gadekar
Landmark Immigration Consultants Limited, a prominent player in global education and immigration consultancy, has recently launched its IPO, garnering significant attention from investors. This article explores the key details, timelines, and financials of the Landmark Immigration IPO, providing insights for potential investors.
About Landmark Immigration Consultants Limited
Established in 2010, Landmark Immigration specializes in Global Education Consultancy Services and Immigration Consultancy Services, primarily focusing on Canada. With nine operational branches and partnerships with over 30 Canadian institutions, the company serves as a one-stop solution for students and professionals seeking education or immigration services abroad.
Key Services Offered:
Global Education Consultancy: Includes education loan guidance, scholarships, admission formalities, and language test training.
Immigration Consultancy: Covers tourist visas, business visas, and permanent residency visas.
Competitive Strengths
Comprehensive visa consultancy solutions.
Certified partnerships with reputed universities.
A skilled team of 128 employees, including experienced counselors.
Strong financial backing and a visionary management team
Landmark Immigration IPO Details
The Landmark Immigration IPO is a book-built issue offering fresh equity shares worth ₹40.32 crores. Here's a snapshot of the IPO details:
Particulars Details
IPO Open Date January 16, 2025
IPO Close Date January 20, 2025
Price Band ₹70 to ₹72 per share
Issue Size ₹40.32 crores (56 lakh shares)
Listing Platform BSE SME
Minimum Lot Size 1,600 shares
Retail Investment ₹1,15,200 (1 lot)
HNI Investment ₹2,30,400 (2 lots)
IPO Timeline
Bidding Period: January 16–20, 2025
Allotment Finalization: January 21, 2025
Refunds Initiation: January 22, 2025
Credit to Demat Accounts: January 22, 2025
Listing Date: January 23, 2025
For a detailed comparison between IPO and Offer for Sale (OFS), explore this blog.
Financial Highlights
The company has shown robust financial growth, with revenue nearly doubling between FY 2022 and FY 2024.
Year Revenue (₹ Cr) Profit After Tax (₹ Cr)
2021-22 1,931.54 393.53
2022-23 2,162.62 443.48
2023-24 3,707.03 1,111.83
H1 FY 2024-25 1,924.81 540.12
Key Observations
The company’s profitability has significantly improved, showcasing strong management efficiency.
Reduced borrowing reflects financial discipline and strategic planning.
Learn more about IPO flipping and its implications here.
GMP and Investor Sentiment
As of the IPO launch, the Grey Market Premium (GMP) indicates positive investor sentiment, with premiums reflecting strong demand. Stay updated with GMP trends through reliable sources like this blog.
Is Landmark Immigration IPO Worth Investing In?
Strengths:
Strong financial performance and growth trajectory.
Niche expertise in education and immigration consultancy.
Experienced promoters and a skilled workforce.
Risks:
Dependency on regulatory approvals for visa and immigration processes.
Competition from other consultancy firms.
Investors looking for long-term growth opportunities in the education and immigration consultancy space might find this IPO attractive.
Conclusion
The Landmark Immigration IPO offers a promising investment opportunity, leveraging the company's growth potential and industry expertise. With an IPO price band of ₹70–₹72, it presents a viable entry point for both retail and HNI investors.