Landmark Cars Ltd. has announced public offering of 10909091 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 501.00 per share. The gross proceeds of the issue are expected to be Rs 55,200.00 lakhs.

The company's initial public offer (IPO) will open on 13 December 2022 and is expected to close on 15 December 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 481.00-506.00 per share.

The IPO includes a fresh Issue of 10909091 Equity Shares of the Company at an price of Rs 506.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 29 shares with bids in multiples of 29.

Landmark Cars Ltd. anticipates using the proceeds of the issue for .

ICICI SECURITIES LTD,Axis Capital Ltd. as lead manager(s) & Link Intime India Private Limited is the registrar, to the issue.