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IPO - Landmark Cars Ltd.

Posted On:12th Dec 2022
Updated On:6th Oct 2023
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Incorporated in 1998, Landmark Cars Limited is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. The company also cater to the commercial vehicle retail business of Ashok Leyland in India.Landmark Cars offers services such as sales of new vehicles, after-sales service, and repairs (including sales of spare parts, lubricants, and accessories), sales of pre-owned passenger vehicles and facilitation of the sales of third-party finance and insurance products.The company has expanded the network to include 112 outlets in 8 Indian states, comprised of 61 sales showrooms and outlets and 51 after-sales services and spare outlets, as of September 30, 2021.

Issue Opens on 13 Dec., 2022Rs. 481 to 506
Issue Closes on 15 Dec., 2022per equity share
Bid LotIssue sizeFace value
29 shares minimum Rs. 552.00 CrRs. 5 per equity share

DISCLAIMER

The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.

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