Landmark Cars Limited IPO Message Board (Page 8)

How can i use third party upi to apply for ipo??

@Aastha Kothari
sbi allow 3rd party using yono lite, union bank also allow that many members saying in message board here...

kahi ye next car trade naa ban jaaye....

Yes doosra car traders lagta hai

Ye to ta**ti ipo lag raha hai.

Without seeing the price band, I think its clear avoid, reasons are
1. Assets declining yoy
2. Revenue declining yoy
3. Heavy borrowing also increased yoy
4. Was at loss on 19-20
5. 80 % of issue is OFS, promoter want to exit or decrease
6.not giving 21-22, 22-23 data
7. Remember Cartrade, it was complete OFS, ipo price 1618, now trading at 491, down 70 % after 15 months.
Why to take risk when one easily can make 10 % on secondary market.

@IPO Traders... Exactly. As soon as I noticed this IPO it reminds me of car trade IPO. Such a disaster!!
It's a clear avoid.

This has company has twice the borrowing compared to its net worth. It's a headache thinking of investing in such companies.

lagta hei kal galti se time pe announce kar diya tha ...real linkintime is back