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Landmark Cars IPO Review Summary

Review By Subscribe Neutral Avoid
Brokers 8 1 2
Members 1 0 8

Landmark Cars IPO Details

IPO Open Dec 13, 2022
IPO Close Dec 15, 2022
IPO Price ₹506
Face Value ₹5
IPO Size ₹552.00 Cr
Listing At BSE, NSE
Lot Size 29

Landmark Cars IPO Capital Market Rating

ReviewerRating
Capital Market45

Landmark Cars IPO Review by Members

Landmark Cars IPO Reviews, analysis and views by popular members. Read Landmark Cars Limited IPO reviews by retail investors to find recommended ipo to buy.

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Member Review
rajrao

Avoid

Bona fides of the promoters... the cheap trickery of "mis"-using the MB logo in docs..

Dec 14, 2022 8:04:07 PM
Crow
Top Contributor Top Contributor (300+ Posts, 200+ Likes)

Avoid

Nothing to look here.

Dec 14, 2022 1:44:42 PM
newgen consultancy

Subscribe for Long Term at Upper Price Band

Strong outlook and healthy growth in coming quarters

Dec 13, 2022 11:24:57 AM
Sukhi sansar सुखी संसार

Avoid

सुखी संसार द्वारा दिए जाने वाले आईपीओ स्कोर

Sula Vineyards का स्कोर 21
Landmark cars का स्कोर 13
Abans Holdings का स्कोर 10

स्कोर बहुत कम है

Dec 11, 2022 6:00:21 PM
B.M.SURANA
IPO Mentor IPO Mentor (700+ Posts, 700+ Likes)

Avoid

Kya Car Trade ka "Beta" hai yaa "Baap"?

I Like It. 1

Dec 11, 2022 9:05:33 AM
SV Review

Avoid

huge debt....

Dec 8, 2022 3:18:55 PM
SKGKOL

Avoid

Lo aa gaya car trade ka bhai

Dec 2, 2022 1:36:30 PM
VentureStack Partners

Avoid

1) Extremely poor financial performance history.
2) Automotive dealerships being a capital intensive sunset business model & in a future dominated vastly by EVs & new age OEMs, may not survive past another decade where automobiles would be booked and sold online.
3) Emergence of 3rd Party Automotive Service franchises like GoMechanic eating into the after-sales business.
4) Major chunk of the offer being OFS indicates promoters having clearly lost interest in the business.

I Like It. 3

Nov 24, 2022 12:50:14 AM
IPOTraders

Avoid

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.

I Like It. 1

Nov 19, 2022 1:20:45 AM

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