Landmark Cars IPO will open for subscription today, December 14. The company has fixed the price band at Rs 481-506 per share for the IPO. TPG-backed Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.

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The Rs 552-crore IPO consists of a fresh issue of equity shares aggregating to Rs 150 crore and an OFS of up to Rs 402 crore. 

Those selling shares through the OFS route are -- TPG Growth II SF PTE Ltd, Sanjay Karsandas Thakker HUF, Aastha Limited and Garima Misra.

 

Landmark Cars IPO allotment date, subscription status check link

 

Landmark Cars IPO allotment will be finalised on December 20. The subscription status will be declared online on the website of the official registrar. Link Intime India Private Limited is the official registrar of the IPO.

Landmark Cars IPO subscription status will be released on the official website of Link Intime India Private Limited -- linkintime.co.in

 

Landmark Cars IPO Lot Size

 

Landmark Cars IPO lot size is 29 shares. One lot will cost Rs 14,674. A retail investor can bid for a minimum of 1 lot and a maximum of 13 lots. 

 

Landmark Cars Share Price Listing Date and Time NSE, BSE

 

Shares of Landmark Cars will be listed on the BSE and NSE. The listing will take place on December 23 at 10 AM.

Landmark Cars said that it will use the proceeds for payment of debt and general corporate purposes.

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