LAXMI INDIA FINANCE LIMITED

29 Jul 2025 - 31 Jul 2025 Individual Category Main Board BSE NSE

Min Investment

₹14852

Price Band

₹150-₹158

Issue Size

113.13 lakhs
Equity Shares

Lot Size

94 (per lot)

IPO Dates
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29 Jul 2025

Open Date

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31 Jul 2025

Close Date

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01 Aug 2025

Allotment Date

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05 Aug 2025

Listing Date

The Laxmi India Finance IPO opens on July 29, 2025, and closes on July 31, 2025. This new IPO is a book-built issue of 1.13 crore equity shares. This upcoming ipo is a combination of fresh issue and offer for sale.Laxmi India Finance IPO price band is Rs 150 to Rs 158 per share. As of now, the Laxmi India Finance IPO GMP Live quotation is at Rs 7 per share.  Live IPO Grey Market Premium details will be available online. However, the Laxmi India Finance IPO DRHP was filed on December 15, 2024, with SEBI.Laxmi India Finance IPO allotment status is available on August 1, 2025. Laxmi India Finance IPO lot size is 94 shares. The minimum investment for retail investors for 1 lot is Rs 14,852. The registrar for Laxmi India Finance IPO is MUFG Intime India Private Limited. Laxmi India Finance IPO listing date is August 5, 2025.

Know Before Investing

Strengths icon

  • Multiple funding sources and lean operations support profitability.
  • Strong credit evaluation and risk management systems ensure asset quality.
  • Hub-and-spoke model enables deep cost-efficient regional outreach.

Weaknesses icon

  • MSME-heavy portfolio increases exposure to credit defaults.
  • Geographic concentration in Rajasthan limits market diversification.
  • Susceptibility to regional policy and economic changes.

About Laxmi India Finance Limited

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 wide range of financial products, including 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.

Founded

1996

Managing Director

Deepak Baid

Parent Organization

-

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.

Company Promoters

Deepak Baid

Prem Devi Baid

Aneesha Baid

Hirak vinimay Private Limited

Deepak Hitech Motors Private Limited

Prem dealers Private Limited

Vivan Baid Family Trust

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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