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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 ₹158.00 per share . The lot size for an application is 94. The minimum amount of investment required by an retail is ₹14,100 (94 shares). 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 Date | July 29, 2025 to July 31, 2025 |
| Listing Date | August 5, 2025 |
| Face Value | ₹5 per share |
| Issue Price Band | ₹150 to ₹158 per share |
| Issue Price Final | ₹158 per share |
| Lot Size | 94 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 1,60,92,195 shares (aggregating up to ₹254.26 Cr) |
| Fresh Issue | 1,04,53,575 shares (aggregating up to ₹165.17 Cr) |
| Offer for Sale | 56,38,620 shares of ₹5 (aggregating up to ₹89.09 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,18,14,300 shares |
| Share Holding Post Issue | 5,22,67,875 shares |
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 | Maximum 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%) |
| 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 |
Laxmi India Finance IPO raises ₹75.51 crore from anchor investors. Laxmi India Finance IPO Anchor bid date is July 28, 2025. Laxmi India Finance IPO Anchor Investors list
| Bid Date | July 28, 2025 |
| Shares Offered | 47,79,379 |
| Anchor Portion Size (In Cr.) | 75.51 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 29, 2025 |
Laxmi India Finance IPO opens on July 29, 2025, and closes on July 31, 2025.
| IPO Open Date | Tue, Jul 29, 2025 |
| IPO Close Date | Thu, Jul 31, 2025 |
| Tentative Allotment | Fri, Aug 1, 2025 |
| Initiation of Refunds | Mon, Aug 4, 2025 |
| Credit of Shares to Demat | Mon, Aug 4, 2025 |
| Tentative Listing Date | Tue, Aug 5, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jul 31, 2025 |
Investors can bid for a minimum of 94 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Laxmi India Finance IPO is ₹825.83 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 Rs | 8.61 | 6.89 |
| P/E (x) | 18.35 | 22.94 |
The Company Laxmi India Finance IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Augmentation of the capital base to meet the future capital requirements towards onward lending | 151.59 |
[Dilip Davda] LIFL having focused on serving the financial needs of under-served customers, MSME. The company posted steady growth in its total income and net earnings for the reported periods. It is operating in the Rajasthan, Gujarat, MP, UP and Chhattisgarh It dominates Rajasthan with highest number of branches. Based on its recent financial data, the issue appears aggressively priced. Only well-informed/cash surplus investors may park moderate funds for long term. Read detail review...
| Listing Date | August 5, 2025 |
| BSE Script Code | 544465 |
| NSE Symbol | LAXMIINDIA |
| ISIN | INE06WU01026 |
| Final Issue Price | ₹158 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B |
Laxmi India Finance Ltd.
2 DFL,
Gopinath Marg,
MI Road,
Jaipur, Rajasthan, 302001
Phone: +91 9773376198
Email: investors@lifc.in
Website: http://www.lifc.co.in/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: laxmifinance.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
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 ₹254.26 Crores. The issue is priced at ₹158 per share. The minimum order quantity is 94.
The IPO opens on July 29, 2025, and closes on July 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 July 29, 2025 and closes on July 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 Monday, August 4, 2025. Check the Laxmi India Finance IPO allotment status.
The Laxmi India Finance IPO listing date is on Tuesday, August 5, 2025.
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