Landmark Cars lists with 6.86% discount on the BSE
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Landmark Cars has debuted at Rs 471.30 on the BSE, down by 34.70 points or 6.86% from its issue price of Rs 506.
The scrip is currently trading at Rs 467.50, down by 38.50 points or 7.61% from its issue price. It has touched a high and low of Rs 473.25 and Rs 446.45 respectively. So far 1.14 lakh shares were traded on the counter.
The offering, which was open for subscription between December 13, 2022 and December 15, 2022 was subscribed 3.06 times. The issue price was fixed at Rs 506 per share i.e. at upper end of price band of Rs 481-506 apiece.
Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.
