Landmark Cars Limited IPO

Landmark Cars Limited is one of the largest networks of a car dealerships in the country with 115 state-of-art facilities in eight states. They have dealerships for premium automobile brands like Mercedes-Benz, Volkswagen, Honda, Jeep, Renault, and BYD. They also do commercial vehicle retail business in Ashok Leyland in India.

They have a presence across the automotive retail value chain, including sales of new vehicles, and after-sales service sales of pre-owned passenger vehicles. They have a network of 112 outlets in 8 states, with 60+ sales showrooms and 50+ after-sales services. They have a huge dealership network in 30+ cities and union territories including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and the National Capital Territory of Delhi.

Objects of the Issue

• Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company and Subsidiaries.
• General corporate purposes.

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