Laxmi India Finance is launching its IPO worth ₹254.26 Cr, which is a combination of a fresh issue of ₹165.17 Cr and OFS of ₹89.09 Cr. The IPO opens for subscription on 29 July 2025 and will close on 31 July 2025. The allotment of shares is expected to be finalized on 1 Aug 2025 and the shares are likely to be listed on BSE & NSE on 5 Aug 2025. The price band for IPO is set between ₹150 to ₹158 per share.
About Laxmi India Finance IPO
Laxmi India Finance, incorporated in 1996, is an NBFC that provides various loan services to support individuals and small businesses. The company mainly offers MSME loans, vehicle loans, and construction loans, making credit more accessible to entrepreneurs and first time borrowers. A large part of its MSME lending, over 80%, qualifies under the government’s Priority Sector Lending, aimed at promoting economic growth.
For MSMEs, the company provides secured loans against residential or commercial property, with loan amounts ranging from ₹5 lakh to ₹25 lakh. In vehicle finance, Laxmi India Finance offers loans for commercial vehicles, two-wheelers, and tractors.
The company also offers construction loans to retail customers for building or renovating residential or commercial properties. The company operates through 158 branches across Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, with the highest presence in Rajasthan.
Laxmi India Finance IPO Highlights
- Laxmi India Finance’s IPO is worth ₹254.26 Cr and the price band is set between ₹150 to ₹158
- This IPO is a combination of a fresh issue of 1.05 Cr shares aggregating to ₹165.17 Cr and OFS of 0.56 Cr shares aggregating to ₹89.09 Cr
- Laxmi India Finance’s IPO will open for subscription on 29 July 2025 and close on 31 July 2025. Share allotment is likely to take place on 1 Aug 2025 and the shares are expected to be listed on BSE and NSE on 5 Aug 2025.
- Promoters currently hold 89.05% of the company but after the IPO, their shareholding will come down.
- The company plans to use ₹143 Cr to strengthen its capital base for future lending activities.
- MUFG Intime India Private Limited or Link Intime will be the registrar for Laxmi India Finance's IPO.
Laxmi India Finance IPO GMP
As of 26 July 2025, Laxmi India Finance GMP is trading at ₹15 up from the upper price band of ₹158, shares are expected to list at ₹173, which represents 9.49%. In the coming days, GMP may change, and we’ll keep updating as new details come in.
So, stay tuned with Trade Target for daily updates on Laxmi India Finance IPO GMP and expected listing price.
- Date: 26 July 2025
- Laxmi India Finance GMP: ₹15 ( 9.49%)
How can you apply for Laxmi India Finance IPO?
Retail investors can apply for a minimum of 1 lot, which includes 94 shares costing ₹14,852. Maximum investment allowed for retail investors is 13 lots which totals 1,222 shares and costs ₹1,93,076.
| Application | Lots | Shares | Amount |
|---|---|---|---|
|
Retail (Min) |
1 |
94 |
₹14,852
|
|
Retail (Max) |
13 |
1,222 |
₹1,93,076
|
|
S-HNI (Min) |
14 |
1,316 |
₹2,07,928
|
|
S-HNI (Max) |
67 |
6,298 |
₹9,95,084
|
|
B-HNI (Min)
|
68 |
6,392 |
₹10,09,936
|
Laxmi India Finance IPO Financial
Laxmi India Finance reported a PAT of ₹ 36.01 Cr in 31 March 2025 and in FY24 reported ₹ 22.47 Cr. Over the past 3 years, its profit has been continuously improving. All financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
|
Assets (₹ Crores) |
1,412.52
|
984.85
|
778.71
|
|
Revenue (₹ Crores) |
248.04
|
175.02
|
130.67
|
|
PAT (₹ crores)
|
36.01
|
22.47
|
15.97
|
|
EBITA(₹ Crores) |
163.88
|
114.59
|
85.96
|
|
Net Worth (₹ Crores) |
257.47
|
201.22
|
152.33
|
|
Reserves and Surplus (₹ crores)
|
236.99
|
181.87
|
134.23
|
|
Total Borrowing (₹ crores)
|
1,137.06
|
766.68
|
615.49
|
Laxmi India Finance IPO Vs Peer
Laxmi India Finance has reported an EPS of ₹8.78, which is a positive sign for investors. Its P/E ratio is in line with industry peers. The table below compares it with industry peers to provide a clearer view of its market position.
| Company | EPS Diluted | P/E(x) |
|---|---|---|
|
Laxmi India Finance |
8.78
|
17.99
|
|
Mas Financial Services
|
17.48
|
16.97
|
|
Rbz Jewellers
|
9.7
|
14.42
|
|
Five Star Business Finance
|
36.5
|
20.62
|
|
SBFC Finance
|
3.15
|
34.38
|
|
Ugro Capital
|
14.71
|
11.65
|
|
Csl Finance
|
31.29
|
10.56
|
|
Akme Fintrade (India)
|
8.28
|
0.94
|
|
Moneyboxx Finance
|
0.39
|
476.67
|
Laxmi India Finance IPO Quota Allocation
- QIB Investors: 50% of the net issue
- Retail Investors: 35% of the net issue
- NII (HNI) Investors: 15% of the net issue
Listing Date of Laxmi India Finance IPO
- Subscription Period: 29 July to 31 July 2025
- Basis of Allotment Finalization: 1 August 2025
- Initiation of Refunds: 4 Aug 2025
- Demat Credits: 4 Aug 2025
- Listing Date: 5 Aug 2025
- Listing on: NSE, BSE
Laxmi India Finance IPO FAQs (Frequently Asked Questions)
What is the total issue size of Laxmi India Finance’s IPO?
The total size of Laxmi India Finance’s IPO is ₹254.26 Cr.
When will Laxmi India Finance IPO open and close?
Laxmi India Finance’s IPO will open for subscription on 29 July 2025 and close on 31 July 2025.
What is the lot size for Laxmi India Finance IPO?
Retail Investors can bid for a minimum of 1 lot, which includes 94 shares. And one lot will cost you around ₹14,852.
What is the share allotment date for Laxmi India Finance IPO?
The allotment of shares is expected to be completed by 1 Aug 2025.
Who is the registrar of Laxmi India Finance IPO?
MUFG Intime India Private Limited (Link Intime) is the registrar for Laxmi India Finance’s IPO.
Where will Laxmi India Finance shares be listed?
The shares are planned to be listed on both BSE and NSE.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
