Landmark Cars IPO subscribed 33% so far on day 2

14 Dec 2022 , 03:43 PM

The initial public offer of automotive retailer, Landmark Cars is subscribed  on the day 2 of the offer by 3.30 PM. The company is offering its shares at the price range of Rs 481-506 per share. Investors can bid for 29 shares in a lot. Click here to subscribe Landmark Cars IPO.

50% of the offer has been reserved for qualified institutional buyers, 15% for high networth individuals and the remaining 35% for retail investors.

Check the live subscription details of Landmark Cars IPO on December 14 at 3.30 PM

Landmark Cars IPO	No. of shares reserved	No. of bids received	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	22,91,061	2,00,187	0.09
Non Institutional Investors(NIIs)	17,18,295	12,63,037	0.74
Retail Individual Investors (RIIs)	40,09,355	11,77,197	0.29
Employee Reserved	23,094	41,934	1.82
Total	80,41,805	26,82,355	0.33

(Source: BSE website)

The company will finalise the allotment of shares on December 20. Landmark Cars will make debut on BSE and NSE on December 23.