Laxmi India Finance IPO
Laxmi India Finance IPO
Overview
Laxmi India Finance IPO is a bookbuilding 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 opens for subscription on July 29, 2025 and closes on July 31, 2025. The allotment for the Laxmi India Finance IPO is expected to be finalized on Friday, August 1, 2025. Laxmi India Finance IPO will be list on BSE, NSE with a tentative listing date fixed as Tuesday, August 5, 2025. Laxmi India Finance IPO price band is set at ₹150 to ₹158 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 Private Limited is the book-running lead manager of the Laxmi India Finance IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
Total Shares
1,60,92,195
Issue Size
₹254.26 Cr
Price Band
₹150 – ₹158
Lot Size
94 shares
Min. Investment
₹14,852
Max. Investment
₹1,93,076
Open Date
29 Jul, 2025
Close Date
31 Jul, 2025
Allotment
01 Aug, 2025
Listing
05 Aug, 2025
Max. Investment
₹1,93,076
Announced
29 Jul, 2025
Opening Date
29 Jul, 2025
Closing Date
31 Jul, 2025
Basis of Allotment
01 Aug, 2025
Initiation of Refunds
04 Aug, 2025
Credit of Shares
04 Aug, 2025
Listing Date
05 Aug, 2025
Live GMP
Est. Listing: ₹165
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About Laxmi India Finance IPO
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.
- MSME Finance: The company provides secured loans against residential or commercial property for MSMEs, with loan amounts ranging from ₹
Laxmi India Finance IPO Share Price
Issue Breakdown
Shareholding
Dilution: 25.0% increase in shares
Laxmi India Finance IPO Promoters Holding
Laxmi India Finance IPO Financial Health
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.
Laxmi India Finance IPO Lot Size
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 | 1222 | ₹1,93,076 |
| S-HNI (Min) | 14 | 1316 | ₹2,07,928 |
| S-HNI (Max) | 67 | 6298 | ₹9,95,084 |
| B-HNI (Min) | 68 | 6392 | ₹10,09,936 |
(All values in CR)
Laxmi India Finance IPO Valuations
The market capitalization of Laxmi India Finance IPO is ₹825.83 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| Debt/Equity | 4.42 |
| RoNW | 13.95 |
| PAT Margin | 14.48 |
| EBITDA Margin | 66.07 |
| Price to Book Value | 2.57 |
(All values in CR)
Laxmi India Finance IPO Strength & Risk
Laxmi India Finance IPO Strength:
Strong AUM growth: ₹687 cr (FY23) → ₹1,277 cr (FY25), ~36% CAGR
MSME-focused lending: 75–86% of AUM in asset-secured, smaller-ticket loans
Average LTV 43.6%, reducing default risk through collateral
Extensive rural/semi‑urban presence via ~158 branches across multiple states
Robust credit assessment & risk framework with ~96.8% collection efficiency
Diversified funding sources: banks, NCDs, and institutional lines
Fresh issue (~₹165 cr) bolsters capital for future lending expansion
Experienced promoter team with digital underwriting and operations
Laxmi India Finance IPO Risk:
Geographic concentration: heavy focus on north‑west regions exposes to localized downturns.
Borrower vulnerability: MSME/vehicle segments are sensitive to rural economic shocks.
Funding dependency: reliance on external borrowings could pose liquidity pressure if disrupted.
Competitive pressure: from larger NBFCs and fintech lenders targeting same customer base.
Moderate profitability: RoNW 12.8%, EPS ₹6.11—behind top-tier peers.
Cash flow strain: negative operating cash flow in FY24 highlights capital flow dependence.
Laxmi India Finance IPO Subscriptions Status
Laxmi India Finance IPO subscribed 0.37 times. The public issue subscribed 0.61 times in the retail category, 0.10 times in QIB, and 0.19 times in the NII category by July 29, 2025 5:04:47 PM (Day 1).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Qualified Institutions | 0.10 | 31,86,253 | 3,17,720 | 5.02 |
| Non-Institutional Buyers | 0.19 | 23,89,690 | 4,62,856 | 7.313 |
| bNII (bids above ₹10L) | 0.10 | 15,93,127 | 1,63,560 | 2.584 |
| sNII (bids below ₹10L) | 0.38 | 7,96,563 | 2,99,296 | 4.729 |
| Retail | 0.61 | 55,75,943 | 33,93,682 | 53.62 |
| Employees | 0.41 | 1,60,928 | 66,364 | 1.049 |
| Total | 0.37 | 1,13,12,814 | 42,40,622 | 67.002 |
Laxmi India Finance IPO GMP
Laxmi India Finance IPO last GMP is ₹7, last updated Jul 29th 2025 05:02 PM. With the price band of 158.00, Laxmi India Finance IPO's estimated listing price is ₹165 (cap price + today's GMP).The expected percentage gain/loss per share is 4.43%. >> Laxmi India Finance IPO Retail Subject to Sauda: ₹500 >> Laxmi India Finance IPO Small HNI Subject to Sauda: ₹7000 The lowest GMP is ₹0.00, while the highest GMP is ₹18.00.
Last updated 29 Jul, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 29 Jul, 2025 | 158 | ₹7▼ | 500/7000 | ₹165 (4.43%) | 658 | 29 Jul, 2025 |
| 28 Jul, 2025 | 158 | ₹9▼ | 600/8400 | ₹167 (5.70%) | 846 | 28 Jul, 2025 |
| 27 Jul, 2025 | 158 | ₹13▼ | 900/12600 | ₹171 (8.23%) | 1222 | 27 Jul, 2025 |
| 26 Jul, 2025 | 158 | ₹15▼ | 1100/15400 | ₹173 (9.49%) | 1410 | 26 Jul, 2025 |
| 25 Jul, 2025 | 158 | ₹18 | 1300/18200 | ₹176 (11.39%) | 1692 | 25 Jul, 2025 |
| 24 Jul, 2025 | 158 | ₹18 | 1300/18200 | ₹176 (11.39%) | 1692 | 24 Jul, 2025 |
| 23 Jul, 2025 | 158 | ₹18▲ | 1300/18200 | ₹176 (11.39%) | 1692 | 23 Jul, 2025 |
| 22 Jul, 2025 | 0 | ₹0 | - | - | - | 22 Jul, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Laxmi India Finance IPO
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Find Laxmi India Finance IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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