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Landmark Cars Ltd Retail
₹ 488.30 -12.80 (-2.55%)
  • NSE
  • BSE

Overview

  • BSE Code 543714
  • NSE Symbol LANDMARK
  • ISIN Demat INE559R01029
  • Book Value (₹) 135.63
  • Face Value (₹) 5.00
  • Market Cap (₹ Cr.) 2,222.04
  • P/E (TTM) 51.29
  • EPS (TTM) 10.47
  • Div Yield (%) 0.09

Performance

Today’s Low 487.95
Today’s High 505.40

488.30
52W Low 329.80
52W High 703.00

488.30
Open 503.70
Prev. Close 501.10
Volume 37,247.00

Corporate Actions

Landmark Cars Limited - Press Release
Apr 28, 2025

Landmark Cars Limited has informed the exchange regarding a Press Release in relation to the exit of business operations from the state of Punjab.

About Landmark Cars Ltd

Landmark Cars Limited was initially formed as Landmark Insurance Broking Private Limited' in Mumbai, Maharashtra, as a Private Limited Company under the Companies Act, 1956, dated February 23, 2006, issued by the RoC. The name of Company was subsequently changed to Landmark Cars Private Limited' on May 6, 2009. Thereafter, the status of the Company got converted into a Public Company on November 10, 2021 and name of the Company changed to Landmark Cars Limited', pursuant to a fresh certificate of incorporation issued by the RoC on December 3, 2021.

the Company is the authorised dealer for Mercedes-Benz passenger cars for the states of Gujarat, Madhya Pradesh and Mumbai. the Company is involved in (i) authorised agent of selling automobiles of a single brand 'Mercedes-Benz' (ii) the operation of workshops and garages to repair and service the automobiles, including other ancillary services (iii) direct selling agency/marketing agency on behalf of inter alia banks and non-banking financial companies to market their financing schemes to customers (iv) selling of accessories (v) the insurance commission business. It is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. It cater to commercial vehicle retail business in India.

In 1998, the Company started their operations and opened first dealership for Honda in Ahmedabad, Gujarat

In 2009, it commenced Volkswagen dealership and the Mercedes-Benz dealership in Ahmedabad, Gujarat.

In 2012, it commenced Ashok Leyland dealership at Ahmedabad, Kheda, Anand, Gandhinagar, Vadodara, Panchmahal and Dahod, in Gujarat.

In 2013, it commenced their Mercedes-Benz Kolkata dealership in West Bengal.

In 2016, the Renault dealership commenced in Punjab.

In 2018, the Company acquired a competing Volkswagen dealer in Ahmedabad, Gujarat.

During 2019, a Composite Scheme of Arrangement and Amalgamation between the Company, Landmark Commercial Vehicles Private Limited and Watermark Commercial Vehicles Private Limited and their respective shareholders and creditors got approved and sanctioned by the National Company Law Tribunal, Ahmedabad by way of its Order dated April 4, 2019. A Composite Scheme of Arrangement and Amalgamation for demerger and amalgamation between Company, Landmark Automobiles Private Limited and Watermark Automobiles Private Limited and their respective shareholders and creditors, was approved and sanctioned by the National Company Law Tribunal, Ahmedabad by way of its Order dated April 4, 2019, read with Order dated April 15, 2019. A Composite Scheme of Arrangement and Amalgamation for demerger and amalgamation between the Company, Automark Motors Private Limited and Watermark Vehicles Private Limited and their respective shareholders and creditors, was approved and sanctioned by the National Company Law Tribunal, Ahmedabad by way of its Order dated April 4, 2019, read with Order dated April 15, 2019, with the Appointed date, April 01, 2018.

the Company was appointed as a dealer for Jeep at Ludhiana and Jalandhar in Punjab during the year 2021. It opened a Jeep connect showroom in Thane, Maharashtra. It acquired 4 service centres of Mercedes-Benz, as a going concern, on a slump sale basis from Shaman Wheels Private Limited in Mumbai and Navi Mumbai, Maharashtra.

In 2022, it opened a BYD passenger car showrooms in Delhi and Mumbai.

the Company came out with a Public Issue during December, 2022 by raising Rs. 552 Crores through Fresh Issue amounting to Rs. 150 Crores and Offer for Sale amounting to Rs. 402 Crores.

MotorOne India Private Limited was established as wholly owned subsidiary of the Company on June 16, 2022.

the Company acquired MG Motor dealer in Indore and Bhopal in July 2023.

Founded: 2006
Chairman: SANJAY KARSANDAS THAKKER
Address: Landmark House Opp AEC SG HW, Thaltej Near Gurudwara, Ahmedabad, Gujarat, 380059,