Landmark Cars IPO - Investment Rationale, Key Strategies, Risks, Valuations, Financials: Anand Rathi

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Anand Rathi's IPO Report.Landmark Cars Ltd. are a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. They also have a commercial vehicle dealership with Ashok Leyland Ltd. in India. They have a presence across the automotive retail value chain, including sales of new vehicles, after-sales service and repairs (including sales of spare parts, lubricants and accessories), sales of pre-owned passenger vehicles and facilitation of the sales of third-party financial and insurance products. They started their operations and opened their first dealership for Honda in CY1998, and they have expanded their network to include 112 outlets in eight Indian states and union territories, comprised of 59 sales showrooms and outlets and 53 after-sales service and spares outlets, as of June 30, 2022. They are focused on the premium and luxury automotive segments. They were the number one dealer in India for Mercedes in terms of retail sales for Fiscal 2022, number one dealer in India for Honda and Jeep in terms of wholesale sales for Fiscal 2022 and were the top contributor to Volkswagen retail sales for calendar year 2021. In addition, they were the third largest dealership in India for Renault in terms of wholesale sales contribution for calendar year 2021..Click on the attachment to read the full IPO report:.Landmark Cars IPO: All You Need To Know.Landmark Cars IPO - Outlook, Strengths, Business Strategies, Key Risks, Financials: HDFC Securities.Landmark Cars IPO - Landmark for Premium Cars: Reliance Securities.Landmark Cars IPO - Play On Premium, Luxury Car Sales Domestically: ICICI Direct.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Landmark Cars IPO - Investment Rationale, Key Strategies, Risks, Valuations, Financials: Anand Rathi

The company is focused on the premium and luxury automotive segments.

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