Laxmi India Finance IPO GMP, Open Date, Price Band, DRHP Filed

Laxmi India Finance IPO GMP will be available once the IPO is open for subscription. Laxmi India Finance files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in mid-June 2025. This upcoming IPO is a book-built issue offering combination of fresh issue and offer for sale. The company is offering up to 1.04 crore fresh issue equity shares and up to 56 lakh equity shares as an offer for sale.

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Laxmi India Finance IPO GMP

Laxmi India Finance IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Laxmi India Finance's Share IPO GMP will also rise.

Laxmi India Finance IPO Open Date, Close Date

Laxmi India Finance IPO's open date and close date are expected to be in mid-June 2025. However, as of now, the open and close date has not yet been finalised.

Laxmi India Finance IPO Price Band

Laxmi India Finance IPO price band will be available soon. The minimum amount of investment for the retail category is to be around Rs 14,800, and for small NII, the minimum investment will be around Rs 2,07,200.

Laxmi India Finance IPO Issue Size

Laxmi India Finance IPO issue size is of 1.04 crore equity shares as fresh issue and 56 lakh equity shares as an offer for sale. The total number of equity shares that will be issued by the company is up to 1.61 crore equity shares, whereas the exact amount that will be issued in this IPO has not yet been disclosed.

Laxmi India Finance IPO Allotment Status

Laxmi India Finance IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Laxmi India Finance IPO Listing Date

Laxmi India Finance IPO's listing date will be available soon. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Laxmi India Finance IPO: Listing Date, Lot Size, Price Band

Laxmi India Finance Limited: About the Company

Laxmi India Finance Limited, established in 1996, is a prominent non-deposit taking non-banking financial company (NBFC) based in India. With a focus on serving the financial needs of underserved customers, LIFC operates across 139 branches in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh. 

Laxmi India Finance Limited offers a various range of financial products which includes MSME loans, vehicle loans, and construction loans, which can help in supporting small businesses. 

Under the leadership of experienced directors, LIFC has built a strong reputation for its efficient loan delivery and customer-centric approach. The company continues to expand its services while maintaining a commitment to economic growth and community support in the regions it serves.

Laxmi India Finance IPO Objectives

Laxmi India Finance IPO's objective is to utilise the net proceeds to augment the capital base and meet future capital requirements for onward lending and general corporate purposes.

Laxmi India Finance IPO: Key Dates, Allotment, Listing Date

Laxmi India Finance Financials (Amt in Crores)

Laxmi India Finance Limited posted revenue of Rs 173.14 crore and net profit of Rs 22.47 crore for the period ending on 31 March 2024. The company's revenue increased by 33.67% and PAT rose by 40.70% between the FY ending on 31 March 2024 and 31 March 2023. 

Laxmi India Finance IPO Subscription Details, IPO Reservation

Laxmi India Finance IPO subscription details will be available soon. Laxmi India Finance IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Laxmi India Finance IPO Lot Size Details

Laxmi India Finance IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around Rs 14,800, and for small NII, the minimum investment will be around Rs 2,07,200.

Laxmi India Finance IPO Promoter Holdings

E Deepak Baid, Prem Devi Baid, Aneesha Baid, Hirak Vinimay Private Limited, Deepak Hitech Motors Private Limited, Prem Dealers Private Limited and Vivan Baid Family Trust. The promoters' shareholdings before the IPO were 89.05%; however, after the IPO, shareholdings will decline.

Laxmi India Finance IPO Registrar

Laxmi India Finance IPO registrar is Link Intime India Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Laxmi India Finance IPO Lead Managers

Laxmi India Finance IPO lead manager is PL Capital Markets Private Limited.

How to apply to Laxmi India Finance IPO

Interested investors can apply to the Laxmi India Finance IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Laxmi India Finance IPO FAQ

1. What are the details of the Laxmi India Finance IPO?

Laxmi India Finance IPO is a book-built issue offering a combination of 1.04 crore equity shares as a fresh issue and 56 lakh equity shares as an offer for sale. The total aggregate size of the offer consists of 1.61 crore equity shares.

2. When will the Laxmi India Finance IPO open and close?

Laxmi India Finance IPO's open date is expected to be mid-June 2025. However, as of now, the open and close date has not yet been finalised.

3. What is Laxmi India Finance IPO GMP?

Laxmi India Finance IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Laxmi India Finance IPO GMP will also rise.

4. What are the details of the Laxmi India Finance IPO reservation?

Laxmi India Finance IPO subscription details will be available soon. Laxmi India Finance IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

5. Write the details of the IPO Allotment Status.

Laxmi India Finance IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and the lead managers for Laxmi India Finance IPO?

Laxmi India Finance IPO registrar is Link Intime India Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead manager(s) of Laxmi India Finance IPO is PL Capital Markets Private Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?