Landmark Cars Ltd IPO

  • Min. Investment13949/ 29 Shares
  • Min. Quantity29
  • Price Range₹481 - ₹506
  • Date Range13 Dec 22 - 15 Dec 22
  Retail Investor can invest upto Rs 2,00,000 in IPO
  • Application Start Date13 Dec 2022
  • Application End Date15 Dec 2022
  • Allotment begins
  • Refund Initiation Date21 Dec 2022
  • Allotment Date20 Dec 2022
  • Listing On Exchange23 Dec 2022
Registrar Information
  • NameLink Intime India Pvt Ltd
  • Contact no.+91 22 4918 6200
  • Email
Company Information

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.

Financial information

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

Particulars FY21 FY22 FY23
(Rs Crore)
Revenue 560.53 681.02 484
Net Profit 14.81 34.99 50.72
Total Assets 467.87 540.61 734.88
  • 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
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).

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