Auto dealership chain Landmark Cars IPO to open from December 13-15 ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 17
Automobile dealership chain Landmark Cars Ltd on Thursday said it has fixed a price band of Rs 481-506 per share for its Rs 552 crore initial share-sale that opens for public subscription on December 13. The three-day initial public offering (IPO) will conclude on December 15 and the bidding for anchor investors will open on December 12, the company said in a statement. The public issue consists of a fresh issue of equity shares aggregating to Rs 150 crore and an Offer-For-Sale (OFS) of up to Rs 402 crore. Those selling shares through the OFS route are -- TPG Growth II SF PTE Ltd, Sanjay Karsandas Thakker HUF, Aastha Limited and Garima Misra. Proceeds from its fresh issuance worth Rs 120 cro

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