Landmark Cars IPO bidding open today: Know GMP, subscription, allotment, more

tech.hindustantimes.com:

Want to subscribe for the initial public offering (IPO) of Landmark Cars Limited? If yes, you need to do it today as December 15 is the last day to bid for the Landmark Cars IPO. It can be known that the company opened for subscription on December 13. The price band of the issue has been fixed at Rs. 481 to Rs. 506 per equity share. Meanwhile, shares of Landmark Cars Limited are available in the grey market at a premium (GMP) of Rs. 10 today, according to iPOWatch.

Talking about the subscription details, the Landmark Cars IPO received 0.40 times bids on the second day of the bidding process. The shares reserved for the QIB category received 0.09 times bids, NII 0.84 times, and the Retail category was subscribed 0.38 times. Landmark Cars Limited, an auto dealer company aims to raise Rs. 552 crore from this public issue.

Once the three day bidding process of the Landmark Cars IPO ends, the share allotment status of the issue will be released. The Landmark Cars IPO share allotment status is expected to be finalised on December 20. While, the public issue is likely to be listed on BSE and NSE on December 23, 2022.

Once the share allotment status will be finalised and released, investors will be able to check the same online. All they will have to do is visit the official website of BSE or the registrar of the IPO- Link Intime India Private Ltd. Here are the steps that can be followed thereafter.

1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.

2. Select the name of the company- Landmark Cars IPO in the menu (will only be available after the finalisation of the share allotment status).

3. Enter your application number allotted for Landmark Cars IPO.

4.