Landmark Cars Limited IPO

The first public offering (IPO) of Landmark Cars Limited shares will begin on December 13 and end on September 15. Landmark Cars wants to get Rs. 552 crore, which will come from a combination of new shares and an offer for sale (OFS) by the company's founders.

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Between Rs 481 and Rs 506 has been set as the price range for the Landmark Cars IPO. Individual investors can place bids on at least one lot of 29 shares. One lot of Landmark Cars shares will cost Rs 14,674 at the top of the price range, which is Rs 506. A regular investor can bid no more than 13 lots. 35% of the shares in the IPO have been set aside for individual investors, and 15% have been set aside for Non Institutional Investors (NII), which includes people with a lot of money. Qualified Institutional Buyers (QIBs), which include banks, mutual funds, and insurance companies, can buy no more than 50% of the net offer. Read more

Check out some recent financials figures of the company:

How do I apply for the Landmark Cars Limited IPO?

You can apply for the Landmark Cars Limited IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.