Bookbuilding IPO | ₹254 Cr | Listed at BSE, NSE | Tue, Jul 29, 2025 - Thu, Jul 31, 2025
Laxmi India Finance IPO is a book build issue of ₹254.26 crores. The issue is a combination of fresh issue of 1.05 crore shares aggregating to ₹165.17 crores and offer for sale of 0.56 crore shares aggregating to ₹89.09 crores.
Laxmi India Finance IPO bidding started from Jul 29, 2025 and ended on Jul 31, 2025. The allotment for Laxmi India Finance IPO was finalized on Aug 1, 2025. The shares got listed on BSE, NSE on Aug 5, 2025.
Laxmi India Finance IPO price band is set at ₹158 per share. The lot size for an application is 94. The minimum amount of investment required by an retail is ₹14,852 (94 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,316 shares), amounting to ₹2,07,928, and for bNII, it is 68 lots (6,392 shares), amounting to ₹10,09,936.
PL Capital Markets Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Laxmi India Finance IPO RHP for detailed Information.
IPO Open
Tue, Jul 29, 2025
IPO Close
Thu, Jul 31, 2025
Issue Price
₹158 per share
Market Cap (Pre-IPO)
₹825.83 Cr
| IPO Date | 29 to 31 Jul, 2025 |
| Listed on | Tue, Aug 5, 2025 |
| Face Value | ₹5 per share |
| Price Band | ₹150 to ₹158 |
| Issue Price | ₹158 per share |
| Lot Size | 94 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,60,92,195 shares (agg. up to ₹254 Cr) |
| Fresh Issue | 1,04,53,575 shares (agg. up to ₹165 Cr) |
| Offer for Sale | 56,38,620 shares of ₹5 (agg. up to ₹89 Cr) |
| Share Holding Pre Issue | 4,18,14,300 shares |
| Share Holding Post Issue | 5,22,67,875 shares |
| BSE Script Code / NSE Symbol | 544465 / LAXMIINDIA |
| ISIN | INE06WU01026 |
Laxmi India Finance IPO offers total 1,60,92,195 shares. Out of which 79,65,632 (49.50%) allocated to QIB, 31,86,253 (19.80%) allocated to QIB (Ex- Anchor), 23,89,691 (14.85%) allocated to NII 55,75,944 (34.65%) allocated to RII and 47,79,379 (29.70%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 79,65,632 (49.50%) | NA |
| − Anchor Investor Shares Offered | 47,79,379 (29.70%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 31,86,253 (19.80%) | NA |
| NII (HNI) Shares Offered | 23,89,691 (14.85%) | NA |
| − bNII > ₹10L | 15,93,128 (9.90%) | 1,210 |
| − sNII < ₹10L | 7,96,563 (4.95%) | 605 |
| Retail Shares Offered | 55,75,944 (34.65%) | 59,318 |
| Employee Shares Offered | 1,60,928 (1.00%) | NA |
| Total Shares Offered | 1,60,92,195 (100.00%) |
Investors can bid for a minimum of 94 shares and in multiples thereof.
| 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 raises ₹75.51 crore from anchor investors. Laxmi India Finance IPO Anchor bid date is July 28, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jul 28, 2025 |
| Shares Offered | 47,79,379 |
| Anchor Portion (₹ Cr.) | 75.51 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Aug 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Oct 29, 2025 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 2 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1996, Laxmi India Finance Limited is engaged in the business of Non Banking Financial Company.
The company offers MSME loans, vehicle loans, construction loans, and other lending products, supporting small businesses and entrepreneurs, with over 80% of MSME loans qualifying as Priority Sector Lending.
Key Facts as of March 31, 2025
Competitive Strengths:
Laxmi India Finance Ltd.'s revenue increased by 42% and profit after tax (PAT) rose by 60% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 1,412.52 | 984.85 | 778.71 |
| Total Income | 248.04 | 175.02 | 130.67 |
| Profit After Tax | 36.01 | 22.47 | 15.97 |
| EBITDA | 163.88 | 114.59 | 85.96 |
| NET Worth | 257.47 | 201.22 | 152.33 |
| Reserves and Surplus | 236.99 | 181.87 | 134.23 |
| Total Borrowing | 1,137.06 | 766.68 | 615.49 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmentation of the capital base to meet the future capital requirements towards onward lending | 151.59 |
| KPI | Mar 31, 2025 |
|---|---|
| Debt/Equity | 4.42 |
| RoNW | 13.95% |
| PAT Margin | 14.48% |
| EBITDA Margin | 66.07% |
| Price to Book Value | 2.57 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.61 | 6.89 |
| P/E (x) | 18.35 | 22.94 |
| Promoter Holding | 89.05% | 60.45% |
| Market Cap | ₹825.83 Cr. |
The Laxmi India Finance IPO is subscribed 1.86 times on July 31, 2025 5:04:33 PM (Day 3). The public issue subscribed 2.20 times in the retail category, 1.30 times in the QIB category, and 1.83 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1.30 | 31,86,253 | 41,36,940 |
| NII | 1.83 | 23,89,690 | 43,81,904 |
| bNII (bids above ₹10L) | 1.82 | 15,93,127 | 28,94,354 |
| sNII (bids below ₹10L) | 1.87 | 7,96,563 | 14,87,550 |
| Retail | 2.20 | 55,75,943 | 1,22,51,302 |
| Employee | 1.54 | 1,60,928 | 2,47,596 |
| Total | 1.86 | 1,13,12,814 | 2,10,17,742 |
Total Application : 1,15,061
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Book Running Lead Manager (inclusive of underwriting commission, brokerage and selling commission) | 13.95 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank(s) and fees payable to sponsor bank(s) for bids made by RIBs, Bankers to the Offer, Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.80 |
| 3 | Fees payable to the Registrar to the Offer | |
| 4 | Others including but not limited to: (i) Listing fees, SEBI filing fees, upload fees, BSE and SE processing fees, book building software fees and other regulatory expenses; (ii) Printing and distribution of stationery; (iii) Advertising and marketing expenses; (iv) Fees payable to legal counsels; (v) Fees payable to other parties to the Offer, including but not limited to Statutory Auditors, and industry service provider; and (vi) Miscellaneous expenses, if any | 6.15 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹158.00 | ₹158.00 |
| Open | ₹136.00 | ₹137.52 |
| Low | ₹133.00 | ₹132.98 |
| High | ₹146.70 | ₹146.68 |
| Last Trade | ₹134.00 | ₹134.11 |
Lead Manager Reports
Laxmi India Finance IPO is a main-board IPO of 1,60,92,195 equity shares of the face value of ₹5 aggregating up to ₹254 Crores. The issue is priced at ₹158 per share. The minimum order quantity is 94.
The IPO opens on Tue, Jul 29, 2025, and closes on Thu, Jul 31, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Laxmi India Finance IPO using UPI as a payment gateway. Zerodha customers can apply in Laxmi India Finance IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Laxmi India Finance IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Laxmi India Finance IPO opens on Tue, Jul 29, 2025 and closes on Thu, Jul 31, 2025.
Laxmi India Finance IPO lot size is 94, and the minimum amount required for application is ₹14,852.
You can apply in Laxmi India Finance IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Laxmi India Finance IPO will be done on Friday, August 1, 2025, and the allotted shares will be credited to your demat account by Mon, Aug 4, 2025. Check the Laxmi India Finance IPO allotment status.
The Laxmi India Finance IPO listing date is on Tue, Aug 5, 2025.
