Laxmi India Finance IPO Details
The Laxmi India Finance IPO is a book build issue with a total issue size of ₹254.26 cr, comprising of fresh issue of 10453575 equity shares., and a offer for sale of 5638620 equity shares. Laxmi India Finance IPO opened for subscription on Jul 29, 2025 and closed on Jul 31, 2025. Laxmi India Finance IPO is set price band at ₹150 to ₹158 per share, with a lot size of 94 shares. Minimum investment for Retail investors was ₹14,852.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 01, 2025, and listed on both the NSE and BSE on Aug 05, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. PL Capital Markets Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Laxmi India Finance IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 150 – 158
- Lot Size
- 94
- Issue Size
- ₹254.26 Cr
- Minimum Investment
- ₹14852 (94 Shares)
- Listing Date
- 05 August 2025
Current GMP
₹3 (+1.90%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Laxmi India Finance Limited
Laxmi India Finance Limited (incorporated in 1996) is a non-deposit taking Non-Banking Financial Company (NBFC) focused on addressing the credit needs of underserved and underbanked customers, primarily in semi-urban and rural India. The company specializes in MSME, vehicle, construction, and other retail lending products.
Key Operational Highlights (as of March 31, 2025):
- Branches: 158 branches across Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh, and Uttar Pradesh.
- Holds the widest reach in Rajasthan among peers.
- AUM: ₹12,770.18 million
- MSME Loans: 76.34% of AUM
- Vehicle Loans: 16.12% of AUM
- Customer Base: 35,568 customers
- 48.78% growth YoY (from 23,906 in FY24)
- 37.10% are first-time borrowers (emphasizing financial inclusion)
- Collection Efficiency: FY25 – 96.76%
- Employees: 1,252 (as of Sep 30, 2024)
Financial Highlights:
- Credit Rating: Upgraded to A- (Positive Outlook) by Acuite Ratings
- Cost of Borrowing: Reduced from 12.24% (FY23) to 12.02% (FY25)
- Funding Partners: 47 lenders, including public and private sector banks, NBFCs, and financial institutions
Product Offerings:
- MSME Finance:
- Loans secured against property
- Loan size: ₹0.05M to ₹2.5M
- Tenure: up to 84 months
- LTV: ~65%
80% qualify as Priority Sector Lending (PSL)
- Vehicle Finance:
- Financing for used commercial/personal vehicles, two-wheelers, electric vehicles
- Loan size: up to ₹1.5M
- Construction Loans:
- Secured loans for residential property construction/renovation
- Loan size: up to ₹2.5M
- Interest: 18%–28%
- Others:
- Unsecured business/personal loans (small-ticket)
- Wholesale loans to NBFCs
Technology Integration:
- Digitized loan lifecycle using Loan Origination System (LOS) and Loan Management System (LMS)
- Real-time collections app used by a 357-member team
- CRM system and mobile app for sales teams improve onboarding and customer engagement
Competitive Strengths:
- Strong focus on MSME financing and financial inclusion
- Wide regional reach with deep rural penetration
- Access to diversified, cost-effective capital
- Robust risk and credit management framework
- Scalable hub-and-branch model
Laxmi India Finance IPO Promoters
- Deepak Baid
- Prem Devi Baid
- Aneesha Baid
- Hirak vinimay Private Limited
- Deepak Hitech Motors Private Limited
- Prem dealers Private Limited
- Vivan Baid Family Trust
Promoters Holding
Holding Pre Issue
89.05%
Holding Post Issue
60.25%
Laxmi India Finance IPO Objective
The Company Laxmi India Finance IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Augmentation of our capital base to meet our future capital requirements towards onward lending
Address / Contact Info
Laxmi India Finance Limited
2 DFL, Gopinath Marg,
MI Road, Jaipur -302001
Rajasthan, India
Phone: +91 9773376198
Email: investors@lifc.in
Website: http://www.lifc.co.in/
IPO Snapshot
Book Running Lead Managers
- PL Capital Markets Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Laxmi India Finance IPO is a Book-building IPO with a total issue size of ₹254.26 crore. The Laxmi India Finance IPO price band is ₹150 to 158 per share. The Laxmi India Finance IPO subscription opens on Tue, Jul 29, 2025, and closes on Thu, Jul 31, 2025. The Laxmi India Finance IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Laxmi India Finance IPO.
The Laxmi India Finance IPO opens on Tue, Jul 29, 2025 and closes on Thu, Jul 31, 2025
Laxmi India Finance IPO Price Band is ₹150 to 158 per share.
Laxmi India Finance IPO lot size is 94 shares, Retail investors need a minimum investment of ₹14852 based on the upper price band
The minimum investment for Laxmi India Finance IPO is ₹14852, based on one lot of 94 shares at the upper price band of ₹158 per share.
Investors can apply for the Laxmi India Finance IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jul 31, 2025. The application amount remains blocked until the Laxmi India Finance IPO allotment is finalized.
Laxmi India Finance IPO issue size is ₹254.26 crores.
Laxmi India Finance IPO allotment date is Wed, Jul 1, 2026.
The registrar for Laxmi India Finance IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Laxmi India Finance IPO allotment status, refund processing, and other IPO-related information.
The Laxmi India Finance IPO GMP (Grey Market Premium) is ₹4 as of Tue, Aug 5, 2025. Based on the upper price band of ₹158 per share, the estimated Laxmi India Finance IPO listing price is ₹162, indicating a potential listing gain of approximately 0% over the issue price.