LAXMI INDIA FINANCE LIMITED
₹ 150 - ₹ 158
29-Jul-2025 - 31-Jul-2025
₹ 14852.00

/ 94 Shares

LAXMI INDIA FINANCE LIMITED

29-Jul-2025 - 31-Jul-2025

₹ 150 - ₹ 158

Price Band

₹ 14852.00

Minimum Investment

94

Bid Lot

16,092,195

Shares

IPO Details

Category % Shares/Amount
QIB 50% 7,965,635 Shares RS.125.86 CR
HNI 1 5% 796,563 Shares RS.12.59 CR @ 605 FORM 1X
HNI 2 10% 1,593,127 Shares RS.25.17 CR @ 1211 FORM 1X
Retail 35% 5,575,943 Shares RS.88.10 CR @ 59319 FORM 1X
Employee 0% 160,928 Shares RS.2.54 CR

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
59319 FORM 1X 605 FORM 1X 1211 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 94 ₹ 14,852
Retail (Upto 2 Lakh) 13 1222 ₹ 193,076
S-HNI (2 Lakh to 10 Lakh) 14 1316 ₹ 207,928
S-HNI (2 Lakh to 10 Lakh) 67 6298 ₹ 995,084
B-HNI (Above 10 Lakh) 68 6392 ₹ 1,009,936

IPO Timeline

  • Open Date

    29-Jul-2025

  • Close Date

    31-Jul-2025

  • Basis of Allotment Date

    01-Aug-2025

  • Initiation of Refunds

    04-Aug-2025

  • Credit Shares to Demat A/c

    04-Aug-2025

  • IPO Listing Date

    05-Aug-2025

Subscription as on
31-Jul-2025 17:09

Category Book Size Subscription No. of Times
QIB 3,186,254 ₹ 50.34 Cr. 4,136,940 ₹ 65.36 Cr. 1.30x
HNI (<10 LAKH) 796,563 ₹ 12.59 Cr. 1,487,550 ₹ 23.50 Cr. 1.87x
HNI2 (>10 LAKH) 1,593,127 ₹ 25.17 Cr. 2,894,354 ₹ 45.73 Cr. 1.82x
RETAIL 5,575,943 ₹ 88.10 Cr. 12,193,210 ₹ 192.65 Cr. 2.19x
EMP 160,928 ₹ 2.54 Cr. 247,596 ₹ 3.91 Cr. 1.54x
Total 11,312,815 20,959,650 1.85x
Category Book Size Subscription No. of Times
QIB 3,186,254 ₹ 50.34 Cr. 4,136,940 ₹ 65.36 Cr. 1.30x
HNI (<10 LAKH) 796,563 ₹ 12.59 Cr. 1,487,550 ₹ 23.50 Cr. 1.87x
HNI2 (>10 LAKH) 1,593,127 ₹ 25.17 Cr. 2,894,354 ₹ 45.73 Cr. 1.82x
RETAIL 5,575,943 ₹ 88.10 Cr. 12,193,210 ₹ 192.65 Cr. 2.19x
EMP 160,928 ₹ 2.54 Cr. 247,596 ₹ 3.91 Cr. 1.54x
Total 11,312,815 20,959,650 1.85x

*Excluding Anchor

Total No. of Application Approx : ~113281 (1.91 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

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.

Offerings:

  • MSME Finance: The company provides secured loans against residential or commercial property for MSMEs, with loan amounts ranging from ?0.05 million to ?2.5 million, an LTV ratio of 65%, and tenure up to 84 months.
  • Vehicle Finance:The company offers secured vehicle loans for personal and commercial use, including financing for commercial vehicles (up to ?1.5 million), two-wheelers (up to ?0.15 million), and tractors (up to ?0.7 million).
  • Construction Loans: The company offers secured loans to retail customers against residential or commercial property for construction or renovation, with loan amounts up to ?2.5 million, interest rates between 18%-28%, and a tenure of up to 84 months.

Key Facts as of March 31, 2025

  • Asset Under Management (AUM): Rs 12,770.18 million in 2025 with MSME and Vehicle loan accounted for 76.34% and 16.12% respectively.
  • Customer base: 35,568 customers including 18,596 active MSME customers and 12,423 active vehicle loan customers with 48.78% growth from 23,906 customers as on March 31, 2024. 37.10% of its customer base include first-time borrowers.
  • Branch network: 158 branches from 135 branches as of March 31, 2024. The company has branches across Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, with the highest number of branches in Rajasthan.
  • Accessed funds from 47 lenders – 8 public sector banks, 10 private banks, 7 small finance banks, and 22 NBFCs.
Read More

Strengths

Competitive Strengths:

  • 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
  • Experienced management with good corporate governance practices.

Company Promoters

Company Financials

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 1,412.52 984.85 778.71
Revenue 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

Objects of the Issue

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 177

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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