The Landmark Immigration IPO is set to open on January 16, 2025, and close on January 20, 2025, with the listing scheduled for January 23, 2025. The IPO is a book-built issue, aiming to raise ₹40.32 crores, comprising a fresh issue of ₹40.32 crores and an offer for sale, though the exact number of equity shares for the OFS has not been disclosed. Priced within a band of ₹70 to ₹72 per share with a face value of ₹10 each, the retail quota is allocated 35%, QIBs 50%, and HNIs 15%. The allotment date is January 21, 2025. Financially, the company has shown robust growth, with revenue increasing from ₹21.63 crores in FY 2023 to ₹37.07 crores in FY 2024 and profit rising from ₹4.43 crores to ₹11.12 crores in the same period, reflecting a growth rate of ~71.4% in revenue and ~151% in profit. Given this strong financial performance, the IPO is deemed promising for long-term investors seeking sustainable returns.
Landmark Immigration, established in 2007, is a leading global consulting company specializing in Global Education Consultancy (GEC) and Immigration Consultancy (IC) services. The organization primarily serves students and clients from Punjab, Chandigarh, and Vadodara, offering advanced solutions tailored to their needs.
Key Services:
Financial Highlights:
This consistent growth reflects Landmark Immigration’s commitment to delivering high-quality services to students and clients aspiring to pursue opportunities abroad, particularly in Canada.
Amount ₹ in Crores
Return on Equity (ROE): 35.64%
Return on Capital Employed (ROCE): 41.99%
EBITDA Margin: 41.87%
PAT (Profit After Tax) Margin: 31.87%
Debt-to-Equity Ratio: 0.02
Earnings Per Share (EPS): ₹7.41 (Basic)
Price/Earnings (P/E) Ratio: N/A
Return on Net Worth (RoNW): 30.25%
Net Asset Value (NAV): ₹24.49