Laxmi India Finance Ltd
Price Range
₹150 - ₹158
-
Min. Quantity
94 Shares
Closes on
31 July 2025
-
Min. investment
₹14,852
Laxmi India Finance Ltd IPO Timeline
Laxmi India Finance Limited was incorporated as Laxmi India Finleasecap Private Limited' at New Delhi, dated May 10, 1996, issued by the Registrar of Companies, Delhi and Haryana. Subsequently, the name of the Company was changed to Laxmi India Finance Private Limited and a fresh Certificate of Incorporation dated March 10, 2023 was issued by the Registrar of Companies, at Jaipur. Thereafter, the status converted into a Public Company and the name of the Company was changed to Laxmi India Finance Limited' dated October 08, 2024.
| Event | Date |
|---|---|
| Laxmi India Finance Ltd IPO Opening Date | 29 July 2025 |
| Laxmi India Finance Ltd IPO Closing Date | 31 July 2025 |
| Basis of Allotment | 1 August 2025 |
| Initiation of Refunds | 4 August 2025 |
| Credit of Shares to Demat | 4 August 2025 |
| Laxmi India Finance Ltd IPO Listing Date | 5 August 2025 |
Laxmi India Finance Ltd IPO Details
| Laxmi India Finance Ltd IPO Date | 29 July 2025 to 31 July 2025 |
| Laxmi India Finance Ltd IPO Face Value | ₹5 per share |
| Laxmi India Finance Ltd IPO Price | ₹150 to ₹158 per share |
| Laxmi India Finance Ltd IPO Lot Size | 94 |
| Issue Size | Shares of ₹5 (aggregating up to ₹254.26 Cr) |
| Fresh Issue | Shares of ₹5 (aggregating up to ₹165.17 Cr) |
| Offer for Sale | Shares of ₹5 (aggregating up to ₹89.09 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 31,86,253 of the Net Offer |
| Retail Shares Offered | Not less than 55,75,944 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 23,89,691 of the Net Offer |
| Company Promoters | Deepak Baid, Prem Devi Baid, Aneesha Baid |
Laxmi India Finance Ltd IPO Lot Size
The Laxmi India Finance Ltd IPO lot size is 94 shares. A retail-individual investor can apply for up to 13 lots (1,222 shares or ₹1,93,076).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 94 | ₹14,852 |
| Maximum | 13 | 1,222 | ₹1,93,076 |
- Strengths
- Risks
- Opportunities
- Focus on MSME financing.
- Access to diversified sources of capital and effective cost of funds.
- Comprehensive credit assessment, underwriting and risk management framework.
- Deeper regional penetration in semi-urban and rural areas supported by a mix of direct and indirect sourcing channels.
- Our Hub and Branch model streamlines operations, reduces costs, and increases customer accessibility, driving business growth and market expansion.
Company Financials
Laxmi India Finance Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 1,412.52 | 248.04 | 36.00 |
| 03-2024 | 984.84 | 175.02 | 22.47 |
| 03-2023 | 778.71 | 130.67 | 15.97 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Augmentation of our capital base to meet our future capital requirements towards onward lending
Laxmi India Finance Ltd IPO Promoter Holding
| Pre Issue Share Holding | 17.66% |
| Post Issue Share Holding | 8.23% |
Laxmi India Finance Ltd IPO Subscription Status (Bidding Detail)
The Laxmi India Finance Ltd IPO is subscribed 1.871 times on 31 July 2025 05:00:00 PM. The public issue subscribed 2.2193 times in the retail category, 1.2984 times in the QIB category, and 1.8424 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.2984 | 1.8424 | 2.2193 | 1.5678 | 1.871 |
Laxmi India Finance Ltd IPO Prospectus
Laxmi India Finance Ltd IPO Listing Date
| BSE Script | 544465 |
| NSE Symbol | LAXMIINDIA |
| Listing In | BSE, NSE |
| ISIN | INE06WU01026 |
| IPO Price | ₹158 |
| Face Value | ₹5 |
Company Contact Information
2 DFL Gopintah Marg MI Road,Jaipur-302001
Phone: +91 97733 76198
Email: investors@lifc.in
Website: www.lifc.co.in
Laxmi India Finance Ltd IPO Registrar
Laxmi India Finance Ltd IPO Lead Manager(s)
- PL Capital Markets Pvt Ltd
FAQ
What is the issue size of Laxmi India Finance Ltd IPO?
I have pre-applied for Laxmi India Finance Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.