Laxmi India Finance Ltd. IPO Details – Price, Date, GMP & Analysis
Laxmi India Finance Ltd. IPO Overview
Key IPO Details
Investment Summary
The Laxmi India Finance Ltd. IPO IPO is a mainboard offering scheduled to open on July 29. The issue is priced at ₹150.00 to 158.00 per share, with a minimum application of 94 shares.
Status: Closed - Awaiting allotment
How to Apply for Laxmi India Finance Ltd. IPO
To apply for the Laxmi India Finance Ltd. IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Laxmi India Finance Ltd. IPO
- Enter bid quantity (minimum 94 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before July 31
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,100(approx. based on lower price band)
Company Overview
Laxmi India Finance Limited, incorporated in 1996, operates as a Non-Banking Financial Company. It provides MSME loans, vehicle loans, construction loans, and other lending products, focusing on supporting small businesses and entrepreneurs. Over 80% of its MSME loans qualify as Priority Sector Lending.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Tue, Jul 29, 2025
CompletedClose Date
Thu, Jul 31, 2025
CompletedAllotment
Fri, Aug 1, 2025
CurrentRefund Process
Mon, Aug 4, 2025
UpcomingCredit to Demat
Mon, Aug 4, 2025
UpcomingListing Date
Tue, Aug 5, 2025
UpcomingSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.30x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 1.83x | Oversubscribed |
| RII (Retail Individual Investors) | 2.20x | Oversubscribed |
| Total Subscription | 1.86x | Oversubscribed |
Last updated: Invalid Date
IPO Details
Laxmi India Finance IPO Details
| IPO Date | July 29, 2025 to July 31, 2025 |
| [.] | |
| ₹5 per share | |
| Issue Price Band | ₹150 to ₹158 per share |
| 94 Shares | |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| 1,60,92,195 shares (aggregating up to ₹254.26 Cr) | |
| 1,04,53,575 shares (aggregating up to ₹165.17 Cr) | |
| 56,38,620 shares of ₹5 (aggregating up to ₹89.09 Cr) | |
| Issue Type | Bookbuilding IPO |
| BSE, NSE | |
| 4,18,14,300 shares | |
| 5,22,67,875 shares |
Laxmi India Finance IPO Reservation
| 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 | 23,89,690 (14.85%) | NA |
| − bNII > ₹10L | 15,93,127 (9.90%) | 1,210 |
| − sNII < ₹10L | 7,96,563 (4.95%) | 605 |
| Retail Shares Offered | 55,75,943 (34.65%) | 59,318 |
| Employee Shares Offered | 1,60,928 (1.00%) | NA |
Laxmi India Finance IPO Timeline (Tentative Schedule)
| 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 July 31, 2025 |
Laxmi India Finance IPO Lot Size
| 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 Promoter Holding
| Share Holding Pre Issue | 89.05% |
| Share Holding Post Issue | 60.45% |
Financial Information
Company FinancialsLaxmi India Finance Ltd. Financial Information (Restated)
| 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 |
Key Dates
Laxmi India Finance Ltd. IPO IPO Review & Analysis
Should I Apply for Laxmi India Finance Ltd. IPO?
The Laxmi India Finance Ltd. IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹254.26 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Laxmi India Finance Ltd. IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Laxmi India Finance Ltd. IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.