Landmark Cars LtdNSE LANDMARK Stock Report

Landmark Cars Ltd. provides auto dealership services. The company is headquartered in Mumbai, Maharashtra and currently employs 790 full-time employees. The company went IPO on 2022-12-23. The firm is authorized dealers of vehicles for Mercedes-Benz, Honda, Volkswagen, Renault, Jeep, BYD and Ashok Leyland. The company is engaged in the business of authorized agent of selling automobiles of a single brand, Mercedes-Benz and operation of showrooms to buy and sell automobiles of various other brands; operation of workshops and garages to repair and service the automobiles, including other ancillary services; direct selling agency/marketing agency on behalf of inter alia banks and non-banking financial companies to market their financing schemes to customers; selling of accessories provided by the original equipment manufacturer and other local vendors, and the insurance commission business. The company also caters to the commercial vehicle retail business of Ashok Leyland. The company operates about 115 outlets across eight Indian states and union territories across 26 cities. The company also offers products, such as caps and business card wallets.