{"id":79304,"date":"2022-12-23T12:35:00","date_gmt":"2022-12-23T07:05:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=79304"},"modified":"2022-12-23T12:28:19","modified_gmt":"2022-12-23T06:58:19","slug":"biz-stocks-landmark-cars","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-stocks-landmark-cars\/","title":{"rendered":"Landmark Cars shares debut nearly 7% lower"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4060191815\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of automobile dealership chain Landmark Cars made a weak market debut on Friday, listing nearly 7 per cent lower against the issue price of Rs 506.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2595587697\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The stock listed at Rs 471.30, a discount of 6.85 per cent on the BSE. It further dipped 11.76 per cent to Rs 446.45.<\/p>\n<p>At the NSE, the stock made its debut at Rs 471, lower by 6.91 per cent.<\/p>\n<p>The company commanded a market valuation of Rs 1,829.16 crore on the BSE.<\/p><div class=\"trade-content_5\" id=\"trade-2237602447\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>In the broader market, the 30-share BSE Sensex continued to remain under selling pressure for the fourth day running and tumbled 620.66 points to 60,205.56 in initial trade.<\/p>\n<p>The Initial Public Offer (IPO) of Landmark Cars got subscribed 3.06 times last week.<\/p>\n<p>The company&#8217;s public offer had a price range of Rs 481-506 a share.<\/p>\n<p>The IPO of Landmark Cars had a fresh issue of up to Rs 150 crore and an offer for sale of up to Rs 402 crore, aggregating up to Rs 552 crore.<\/p>\n<p>TPG-backed Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. PTI SUM MR<\/p>\n<div class=\"trade-after-content\" id=\"trade-3398902055\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of automobile dealership chain Landmark Cars made a weak market debut on Friday, listing nearly 7 per cent lower against the issue price of Rs 506. The stock listed at Rs 471.30, a discount of 6.85 per cent on the BSE. It further dipped 11.76 per cent to Rs 446.45. At the NSE, the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":19375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1516,31],"tags":[],"class_list":["post-79304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Landmark Cars shares debut nearly 7% lower - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/?p=79304\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Landmark Cars shares debut nearly 7% lower\" \/>\n<meta property=\"og:description\" content=\"Shares of automobile dealership chain Landmark Cars made a weak market debut on Friday, listing nearly 7 per cent lower against the issue price of Rs 506. The stock listed at Rs 471.30, a discount of 6.85 per cent on the BSE. It further dipped 11.76 per cent to Rs 446.45. 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