Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Landmark Immigration IPO
Price Band
₹70.0–72.0
Issue Size
₹40.32 Cr
Lot Size
1,600 shares
Min Investment
₹115,200
GMP
+₹11.0 (15.28%)
Issue Price
₹72.0
Subject to Sauda
₹13400
Paid only if allotted
Landmark Immigration IPO AI Summary
- Landmark Immigration IPO is listed on BSE SME in the Tour, Travel Related Services sector.
- Price band: ₹70.0–₹72.0 per share, lot size 1,600 shares (min. investment ₹115,200).
- Subscription window: 16 Jan–20 Jan 2025, listing on 23 Jan 2025.
- Current GMP is +₹11.0 (15.28%), an estimated listing price of ₹83 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Landmark Immigration IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 20 Jan 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Landmark Immigration IPO Grey Market Premium (GMP) Today
GMP
+₹11.0
GMP %
+15.28%
Est. Listing
₹83.0
Updated: 25 Jul 2026 14:15
About the Company
Incorporated in 2010, Landmark Immigration Consultants Limited is engaged in the business of Global Consultancy Services. The company offers Global Education Consultancy for students seeking to study abroad and Immigration Consultancy for visas, tourism, business, and permanent residency, primarily in Canada. The company offers global education and immigration consultancy through 9 fully equipped branches, partnering with over 30 Canadian institutions, with dedicated consultants and training facilities. Company has entered into 3 Franchise Agreements at Jammu, Jind, and Karnal. Services: Global Education Consultancy Services: Education Consultancy, Education Loan Guidance, and Scholarships, Admission application Formalities, Training for Language Proficiency Tests, Study/Schooling Visa. Immigration Consultancy Services: Tourist Visa/Business Visa, Permanent Residency Visa. As of September 30, 2024, the company has around 128 employees on a payroll basis. Competitive Strengths: One-Stop Solution for Visa Consultancy Services Certifications and appointments by reputed universities obtained by Promoter and Company Dedicated Team of Counsellors Experience of the Promoters and senior management team.
Company Financials (₹ Cr)
As of 2024-09-30
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 52.16 | 44.32 | 36.25 | 36.12 |
| Total Income | 19.25 | 37.07 | 21.63 | 19.32 |
| Profit After Tax | 5.40 | 11.12 | 4.43 | 3.94 |
| NET Worth | 42.15 | 36.75 | 25.63 | 21.20 |
| Reserves and Surplus | 27.14 | 21.74 | 25.62 | 21.19 |
| Total Borrowing | 1.99 | 0.74 | 2.51 | 5.27 |
Key Ratios
EPS
₹7.41
NAV
₹24.49
ROE
35.64%
RoNW
30.25%
P/B Value
2.94
P/E Ratio
9.72
Market Cap
₹148.39 Cr
PAT Margin
31.87%
Debt/Equity
0.02
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Winny Immigration & Education Services Limited | 15.2 | 17.02% | 27.71 | 11.91 |
| Land Immigration Consultants Limited This IPO | 24.49 | 30.25% | — | 7.41 |
Promoters
Jasmeet Singh Bhatia and Richa Arora
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital expenditure to be incurred by Company for setting up new branches. 11.01 2 Advertisement expenses towards enhancing the awareness and visibility of brand 13.95 3 Pursuing inorganic growth initiatives through acquisitions 9.60 4 General Corporate Purposes 1.04 5 Issue Expenses 4.72 Total 40.32
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹19.25 Cr in the period ending 30 Sep 2024, down from ₹37.07 Cr in the year ending 31 Mar 2024. Prior to that, Total Income was ₹21.63 Cr in the year ending 31 Mar 2023, and ₹19.32 Cr in the year ending 31 Mar 2022. This indicates a decrease in revenue in the most recent period, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹5.40 Cr for the period ending 30 Sep 2024, a decrease from ₹11.12 Cr in the year ending 31 Mar 2024. In the previous years, Profit After Tax was ₹4.43 Cr in the year ending 31 Mar 2023 and ₹3.94 Cr in the year ending 31 Mar 2022. This shows a decline in profit in the most recent period, but again, this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
At the issue price of ₹72.0, the implied P/E ratio is 9.72, compared to peers trading at a P/E range of 27.71 to 30.25.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. A positive GMP suggests that the stock may list at a premium to its issue price, while a negative GMP indicates the opposite. Investors often look at GMP to gauge market sentiment towards an IPO before it lists.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and investment strategy. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who prefer stable, established companies with consistent earnings may want to avoid this IPO, as it operates in a competitive sector with inherent risks associated with consultancy services.
IPO Timeline, Explained
The IPO opens for subscription on January 16, 2025, and closes on January 20, 2025. Allotment of shares is expected by January 21, 2025, with the listing date set for January 23, 2025.
Listing Gains — The Risk
Listing gains can be unpredictable. While some IPOs may see a price increase on their first day of trading, others may not. Factors influencing listing gains include market conditions, investor sentiment, and the company's financial performance. Investors should be prepared for the possibility of volatility on listing day.
This evaluation is generated from Landmark Immigration's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Landmark Immigration IPO GMP today?
Landmark Immigration IPO GMP today is +₹11.0 (15.28%), indicating an estimated listing price of ₹83. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Landmark Immigration IPO?
The price band of Landmark Immigration IPO is ₹70.0–₹72.0 per share.
When does Landmark Immigration IPO open and close?
Landmark Immigration IPO opens on 16 January 2025 and closes on 20 January 2025.
When does Landmark Immigration IPO list on the stock exchange?
Landmark Immigration IPO listed on 23 January 2025 at ₹83.0.
What is the lot size for Landmark Immigration IPO?
The lot size for Landmark Immigration IPO is 1600 shares, requiring a minimum investment of ₹115,200.
What is the lot size for this IPO?
The lot size for Landmark Immigration's IPO is 1600 shares.
What is the minimum investment required?
The minimum investment required is ₹115,200.
What is the price band for this IPO?
The price band for the IPO is ₹70.0 to ₹72.0.
When does the IPO open and close?
The IPO opens on January 16, 2025, and closes on January 20, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount at which the stock may list compared to its issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
16 Jan 2025
Close
20 Jan 2025
Allotment
21 Jan 2025
Listing
23 Jan 2025
Similar IPOs in Tour, Travel Related Services
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Landmark Immigration?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.