Landmark Immigration IPO falls under the SME IPO category and is a book-built issue amounting to ₹40.32 Cr, offering 56 lakh shares. The IPO is being launched by Landmark Immigration Limited, a company established in 2010 that specializes in Global Consultancy Services.
Core Business Focus
Landmark Immigration provides comprehensive solutions in two key areas:
Global Education Consultancy:
Guidance for education loans and scholarships.
Assistance with admission formalities and training for language proficiency tests.
Support for obtaining study and schooling visas.
Immigration Consultancy:
Services for tourist and business visas.
Permanent residency visa support, with a focus on Canada.
Operational Highlights
The company operates through 9 fully equipped branches, collaborating with 30+ Canadian institutions to offer personalized consultancy services.
It has also established 3 franchise locations in Jammu, Jind, and Karnal, expanding its reach and accessibility.
Landmark Immigration has built a strong foundation by catering to the growing demand for global education and immigration services, making it a noteworthy player in its sector.
Landmark Immigration IPO Details
Aspect
Details
IPO Dates
January 16, 2025, to January 20, 2025
Listing Date
January 23, 2025
Face Value
₹10 per share
Price Band
₹70 to ₹72 per share
Lot Size
1,600 shares
Total Issue Size
56,00,000 shares (₹40.32 Cr)
Fresh Issue
56,00,000 shares (₹40.32 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Market Maker Portion
2,84,800 shares (Shreni Shares Limited)
Pre-Issue Shareholding
1,50,10,000 shares
Post-Issue Shareholding
2,06,10,000 shares
Anchor Investors Details
Details
Value
Bid Date
January 15, 2025
Shares Offered
8,48,000
Anchor Portion Size
₹6.11 Cr
Anchor Lock-in Period (50%)
February 20, 2025
Anchor Lock-in Period (Remaining 50%)
April 21, 2025
IPO Timelines
Event
Date
IPO Open Date
Thursday, January 16, 2025
IPO Close Date
Monday, January 20, 2025
Basis of Allotment
Tuesday, January 21, 2025
Initiation of Refunds
Wednesday, January 22, 2025
Credit of Shares to Demat
Wednesday, January 22, 2025
Listing Date
Thursday, January 23, 2025
Cut-off Time for UPI
5 PM on January 20, 2025
Lot Size and Investment
Application
Lots
Shares
Amount
Retail (Min)
1
1,600
₹1,15,200
Retail (Max)
1
1,600
₹1,15,200
HNI (Min)
2
3,200
₹2,30,400
Promoter Holding
Promoters
Pre-Issue Holding
Post-Issue Holding
Mr. Jasmeet Singh Bhatia and Ms. Richa Arora
97.92%
71.31%
Financial Performance
Period Ended
30 Sep 2024
31 Mar 2024
31 Mar 2023
31 Mar 2022
Assets (₹ Lakhs)
5,216.36
4,431.51
3,625.30
3,611.51
Revenue (₹ Lakhs)
1,924.81
3,707.03
2,162.62
1,931.54
Profit After Tax (₹ Lakhs)
540.12
1,111.83
443.48
393.53
Net Worth (₹ Lakhs)
4,215.44
3,675.31
2,563.49
2,120.01
Reserves and Surplus (₹ Lakhs)
2,714.44
2,174.31
2,562.49
2,119.01
Total Borrowing (₹ Lakhs)
198.81
73.69
250.62
527.34
Key Performance Indicators
Indicators
Values
Market Capitalization
₹148.39 Cr
ROE
35.64%
Debt/Equity Ratio
0.02
RoNW
30.25%
PAT Margin
31.87%
Price to Book Value
2.94
EPS and P/E Ratio
Metric
Pre-IPO
Post-IPO
EPS (₹)
7.41
5.24
P/E Ratio (x)
9.72
13.74
Strengths
Comprehensive Visa Solutions: The company provides a one-stop solution for visa consultancy services, catering to a wide range of client needs.
Recognized Certifications: The organization holds certifications and appointments from reputed universities, further solidifying its credibility in the education and immigration sector.
Expert Team: A highly skilled team of consultants works tirelessly to deliver personalized guidance and support to clients.
Proven Impact: The promoters and senior management have demonstrated a strong commitment to transforming lives, showcasing exceptional leadership and industry expertise.
Weaknesses
Dependence on Student Visas: The company’s primary revenue stream relies heavily on facilitating student visas, especially for destinations like Canada. Any changes in visa regulations for these countries could significantly impact operations and profitability.
Regulatory and Compliance Risks: The business operates under multiple legal frameworks and requires various approvals, licenses, and permits. Any failure to renew or retain these can lead to disruptions and higher compliance costs.
Intense Market Competition: The education and immigration consultancy industry is highly competitive. The inability to adapt to changing market trends, customer needs, or technological advancements could hinder growth and market share.
Economic and Political Challenges: Operating internationally exposes the company to fluctuations in trade policies, currency values, and inflation. Adverse changes in these external factors could negatively affect financial performance and operational stability.
Final Thoughts
Landmark Immigration IPO presents a compelling opportunity for investors looking to tap into the growing demand for global education and immigration services. With a strong track record, certifications from reputed universities, and a dedicated team, the company has positioned itself as a trusted player in the market. However, potential investors must weigh the risks, including heavy reliance on student visas, regulatory challenges, intense competition, and exposure to economic fluctuations.
For those with a high-risk appetite and a long-term perspective, this IPO could be a promising addition to their portfolio, but due diligence is essential before making investment decisions.
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