₹ 115200
₹70- ₹72
1600
₹
-0
20 Jan 2025
Download22 Jan 2025
23 Jan 2025
Application Details
The Landmark Immigration IPO is scheduled to open for subscription from January 16, 2025, to January 20, 2025, with a price band of ₹70 to ₹72 per share and a face value of ₹10 per share. The IPO follows a Book Built Issue format and will be listed on the BSE SME platform. The lot size for retail investors is 1,600 shares, with a minimum and maximum application amount of ₹1,15,200. For HNIs, the minimum application is 2 lots, or 3,200 shares, amounting to ₹2,30,400.
The total issue size comprises 56,00,000 shares, aggregating up to ₹40.32 crore, all offered as a fresh issue. Key dates include the basis of allotment on January 21, 2025, initiation of refunds and credit of shares to demat accounts on January 22, 2025, and the listing date on January 23, 2025. UPI mandate confirmations must be completed by 5 PM on January 20, 2025.
About Landmark Immigration Consultants Limited (SME IPO)
Incorporated in 2010, Landmark Immigration Consultants Limited specializes in Global Consultancy Services. The company provides Global Education Consultancy for students aspiring to study abroad and Immigration Consultancy for visas, tourism, business, and permanent residency, with a primary focus on Canada. Landmark Immigration operates through nine fully equipped branches, partnering with over 30 Canadian institutions, and offers services with dedicated consultants and training facilities. Additionally, the company has established franchise agreements in Jammu, Jind, and Karnal.
Their Global Education Consultancy Services include education consultancy, guidance on education loans and scholarships, assistance with admission formalities, training for language proficiency tests, and support for study/schooling visas. The Immigration Consultancy Services encompass tourist visas, business visas, and permanent residency visas.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.