Laxmi India Finance IPO Description – Laxmi India Finance is a non-deposit-taking non-banking financial company (NBFC) focused on advancing financial inclusion across underserved regions in India. With a robust presence spanning Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, the company operates 158 branches as of 31 March 2025. Its core offerings include MSME loans, vehicle loans, and construction loans, tailored to meet the credit needs of small businesses and individuals often excluded from mainstream financial services.
As of 31 March 2025, the company’s assets under management (AUM) stood at INR 1,277.02 crore, with the MSME and vehicle loan segments contributing 76.34% and 16.12%, respectively. Its customer base grew by 48.78% to reach 35,568 customers, compared to 23,906 as of 31 March 2024. This includes 18,596 active MSME customers and 12,423 active vehicle loan customers.
Promoters of Laxmi India Finance – Deepak Baid, Prem Devi Baid, Aneesha Baid, Hirak Vinimay Private Limited, Deepak Hitech Motors Private Limited, Prem Dealers Private Limited and Vivan Baid Family Trust
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Laxmi India Finance IPO Details
| Laxmi India Finance IPO Dates | 29 – 31 July 2025 |
| Laxmi India Finance IPO Price | INR 150 – 158 per share |
| Fresh issue | 1,04,53,575 shares (INR 156.80 – 165.16 crore) |
| Offer For Sale | 56,38,620 shares (INR 84.58 – 89.09 crore) |
| Total IPO size | 1,60,92,195 shares (INR 241.38 – 254.26 crore) |
| Minimum bid (lot size) | 94 shares (INR 14,852) |
| Face Value | INR 5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Laxmi India Finance Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 129.53 | 173.14 | 245.71 |
| Expenses | 108.65 | 145.38 | 200.68 |
| Net income | 15.97 | 22.47 | 36.01 |
| Margin (%) | 12.33 | 12.98 | 14.66 |
Laxmi India Finance Offer News
- Laxmi India Finance RHP
- Laxmi India Finance DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Laxmi India Finance Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre Issue) | FY 2025 (Post-Issue)* | |
| EPS | 5.02 | 5.66 | 8.78 | 6.89 |
| PE Ratio | – | – | 17.08 – 18.00 | 21.76 – 22.93 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 11.51 | 12.80 | 15.66 |
| NAV | 38.34 | 50.65 | 61.57 |
| NPA (%) | 0.32 | 0.33 | 0.48 |
| Debt/Equity | 3.41 | 3.59 | 4.02 |
Laxmi India Finance IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Laxmi India Finance IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Augmenting the capital base to meet future business requirements of the company for onward lending – INR 177 crore
Laxmi India Finance IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered | 31,86,253 | 23,89,691 | 55,75,944 | 1,60,928 | 1,13,12,816 |
| 31 Jul 2025 | 1.30 | 1.83 | 2.19 | 1.54 | 1.85 |
| 30 Jul 2025 | 0.45 | 0.52 | 1.28 | 1.02 | 0.88 |
| 29 Jul 2025 | 0.10 | 0.19 | 0.60 | 0.41 | 0.37 |
47,79,379 shares allotted to anchor investors are not included in these calculations. Similarly, NA shares allotted to market makers, if any, are not part of these calculations.
Laxmi India Finance – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Laxmi India Finance | 17.08 – 18.00 | 8.78 | 15.66 | 61.57 | 248.04 |
| SBFC Finance | 16.97 | 17.48 | 14.71 | 142.50 | 1,520.45 |
| Five-Star Business Finance | 20.62 | 36.50 | 18.60 | 214.13 | 2,866.02 |
Laxmi India Finance IPO Allotment Status
Laxmi India Finance IPO allotment status is now available on MUFG Intime’s website. Click on the MUFG Intime IPO weblink to get allotment status.
Laxmi India Finance IPO Dates & Listing Performance
| IPO Opening Date | 29 July 2025 |
| IPO Closing Date | 31 July 2025 |
| Finalization of Basis of Allotment | 1 August 2025 |
| Initiation of refunds | 4 August 2025 |
| Transfer of shares to demat accounts | 4 August 2025 |
| Laxmi India Finance IPO Listing Date | 5 August 2025 |
| Opening Price on NSE | INR 137.52 per share (down 12.96%) |
| Closing Price on NSE | INR 134.11 per share (down 15.12%) |
Laxmi India Finance IPO Reviews – Subscribe or Avoid?
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Laxmi India Finance Offer Lead Manager
PL CAPITAL MARKETS PRIVATE LIMITED
3rd Floor, Sadhana House, 570, P. B. Marg,
Worli, Mumbai – 400 018, Maharashtra, India
Phone: +91 22 6632 2222
Email: [email protected]
Website: www.plindia.com
Laxmi India Finance Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Laxmi India Finance Contact Details
LAXMI INDIA FINANCE LIMITED
2 DFL, Gopinath Marg, MI Road,
Jaipur-302001, Rajasthan, India
Phone: +91 9773376198
Email: [email protected]
Website: www.lifc.co.in
Laxmi India Finance IPO FAQs
How many shares in Laxmi India Finance IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Laxmi India Finance Public Offer?
The best way to apply for Laxmi India Finance public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Laxmi India Finance IPO GMP today?
Laxmi India Finance IPO GMP today is INR NA per share.
What is the Laxmi India Finance kostak rate today?
Laxmi India Finance kostak rate today is INR NA per application.
What is Laxmi India Finance Subject to Sauda rate today?
Laxmi India Finance Subject to Sauda rate today is INR NA per application.