Landmark Cars Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Leading automotive dealership for major OEMs with a strong focus on high growth segments
• Growing presence in after-sales segment leading predictable growth in revenues and superior margins;
• Comprehensive business model capturing entire customer value-chain;
• Robust business processes leveraging technological innovation and digitalization
• Leading automotive dealership for major OEMs with a strong focus on high growth segments

• The company is subject to the significant influence of, and restrictions imposed by OEMs pursuant to the terms of its dealership or agency agreements that may adversely impact its business, results of operations, financial condition and prospects, including its ability to expand into new territories and acquire additional dealerships.
• Its success depends on the value, perception, marketing and overall competitiveness of its OEMs' vehicle brands in India and any damage to these brands or their failure to compete effectively in India could materially adversely affect its business, results of operations and financial condition.
• Its may not be able to complete, or achieve the expected benefits from, current or future dealership acquisitions which could materially adversely affect its business, results of operations and financial condition.
• The decision by any of its OEMs not to renew, to terminate or to require adverse material modifications to any of its dealership or agency agreements entered into with them could have a material and adverse effect on its business, results of operations and financial condition. In particular, Mercedes-Benz has required that its restructure its dealership arrangement with them to an agency model. Its can make no assurances that its business, results of operations and financial condition will not be adversely affected by this change.
• Its investments in building its pre-owned vehicle business and establishing a new electric passenger dealership with BYD may not be successful and may be loss-making.

• Continue expansion focusing on high growth segments and brands
• Expand its after-sales service business
• Build its pre-owned passenger vehicle business leveraging its experience, technology and network
• Continue to invest in technology and digitalizing sales and service channels
• Continue strategic acquisitions to expand geographic reach in premium and luxury brands