Closed
Landmark Cars Limited logo

Landmark Cars Limited IPO

Mainboard IPOListedLANDMARKNSE
Current Market Price (CMP)
₹418(-17.39%)
Current Price (CMP)
₹418(-17.39%)

Live Market Quote

Listing Price & Gain
₹471(-6.92%)

Day 1 Exchange Open

IPO Issue Price
₹506

Band: ₹481 - ₹506

Total Subscription
3.06x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
13 Dec 2022
IPO Bidding Closes
15 Dec 2022
Allotment & Refunds
Completed
Exchange Listing Day
23 Dec 2022

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 3.06x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)8.71x
Non-Institutional Investors (NII / HNI)1.32x
Retail Individual Investors (RII)0.59x
Employees Reservation2.93x
Total Subscription3.06x
Updated as on 15-Dec-2022 19:00:00

Listing Day & Return Performance

Listing Day Gain-6.92%
₹506 (Issue) → ₹471 (List)
Per share profit: ₹-35.00
Holding Return (Till Date)-17.39%
₹506 (Issue) → ₹418 (CMP)
Net gain per share: ₹-88.00
Post-Listing Performance (Listing Day → Today):-11.25%

About Landmark Cars Limited IPO

Landmark Cars Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 13 Dec 2022 and concluded on 15 Dec 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹481 - ₹506.

During the bidding window, Landmark Cars Limited recorded an overall subscription of 3.06 times. Institutional investors (QIB) subscribed 8.71x, non-institutional high-net-worth investors (NII) subscribed 1.32x, and retail individual investors (RII) bid 0.59x their reserved quota, alongside employee participation of 2.93x.

The equity shares of Landmark Cars Limited officially debuted on the stock exchanges on 23 Dec 2022 at an opening listing price of ₹471, delivering a listing day return of -6.92% (discount) over the final issue price. As per the latest market data, the stock trades at ₹418, representing an overall decline of -17.39% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Landmark Cars Limited IPO?
The issue price of Landmark Cars Limited IPO was fixed at ₹506 per equity share. The indicative bidding price band was ₹481 - ₹506.
What were the open, close, and listing dates for Landmark Cars Limited IPO?
Landmark Cars Limited IPO opened on 13 Dec 2022, closed on 15 Dec 2022, listed on 23 Dec 2022.
How much was Landmark Cars Limited IPO subscribed?
The IPO received an overall subscription of 3.06 times. Category-wise, QIBs subscribed 8.71x, NIIs subscribed 1.32x, and Retail investors subscribed 0.59x.
What was the listing price and listing gain of Landmark Cars Limited IPO?
Landmark Cars Limited IPO listed on the stock exchange at ₹471, delivering a listing discount of 6.92% compared to the IPO issue price of ₹506.
Is Landmark Cars Limited IPO a Mainboard or SME IPO?
Landmark Cars Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Landmark Cars Limited IPO since its IPO?
At the latest market quote of ₹418, Landmark Cars Limited IPO has generated an all-time return of -17.39% since its initial public offering.

Related Mainboard IPOs (2022)