13/12/2022
"He that resteth upon gains certain, shall hardly grow to great riches; and he that puts all upon adventures, doth oftentimes break and come to poverty: it is good therefore to guard adventures with certainties that may uphold losses." ~Sir Francis Bacon
Alert! â–ş
Drishtee Capital, a team of stock market enthusiasts, is working towards making a difference between impulse trading and research-based trading by bringing detailed reports of various stocks listed in the Indian stock market.
Attached here is the analysis of the IPO of Landmark Car Ltd. carried out by Analysts at Vinod Gupta School of Management, IIT Kharagpur.
Landmark Car Ltd was incorporated in 1998 and is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. In addition to that, the company also caters to the commercial vehicle retail business of Ashok Leyland in India.
The IPO is open for subscription from 13th-15th December 2022.
As of 12th December, Landmark car shares are available in the grey market at a premium of ₹30.
: This is not a piece of investment advice. Investors should invest according to their own risk appetite after performing the required due diligence.