Landmark Immigration IPO Itemizing: Itemizing acquire of 4%, shares of consultancy firm once more attain higher circuit – INA NEWS
Landmark Immigration IPO Itemizing: Shares of worldwide consultancy Landmark Immigration entered the BSE SME right this moment at a premium of 4 per cent however then jumped to the higher circuit. Its IPO obtained total bids of greater than 72 instances. Below the IPO, shares have been issued at a worth of Rs 72. As we speak it has entered BSE SME at Rs 75.00, which suggests IPO buyers acquired a list acquire of 4.17% (Landmark Immigration Itemizing Achieve). After itemizing the shares went up additional. It jumped and reached the higher circuit of Rs 78.75 (Landmark Immigration Share Worth). On the finish of the day it closed at Rs 75.25 i.e. IPO buyers are making 4.51% revenue on the finish of the primary buying and selling day.
Landmark Immigration IPO acquired sturdy response
Landmark Immigration’s ₹40.32 crore IPO was open for subscription from January 16-20. This IPO obtained a superb response from buyers and total it was subscribed 72.84 instances. On this, the portion reserved for Certified Institutional Consumers (QIB) was crammed 35.58 instances, the share for Non-Institutional Traders (NII) was 116.71 instances and the share for retail buyers was 81.87 instances. Below this IPO, 56 lakh new shares with face worth of Rs 10 have been issued. The corporate will use the cash raised by means of these shares for organising new branches, branding, acquisitions and common company functions.
About Landmark Immigration
Established within the yr 2010, Landmark Immigration Consultants is within the enterprise of World Consultancy Companies. Speaking concerning the monetary well being of the corporate, it has constantly strengthened. Within the monetary yr 2022, it had a web revenue of Rs 3.94 crore, which jumped to Rs 4.43 crore within the subsequent monetary yr 2023 and to Rs 11.12 crore within the monetary yr 2024. Throughout this era, the corporate’s income elevated at a compound progress fee (CAGR) of greater than 38 % yearly to Rs 37.07 crore. Speaking concerning the present monetary yr 2024-25, it has achieved a web revenue of Rs 5.40 crore and income of Rs 19.25 crore within the first half April-September 2024.
Stallion IPO Itemizing: Entry of ₹90 shares at ₹120, higher circuit began as quickly as itemizing was carried out
Landmark Immigration IPO Itemizing: Itemizing acquire of 4%, shares of consultancy firm once more attain higher circuit
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