Laxmi India Finance IPO Details
MAINBOARD
Laxmi India Finance IPO opens for subscription on 29 Jul 2025 and closes on 31 Jul 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 05 Aug 2025.
Laxmi India Finance IPO price band has been fixed at ₹150 – ₹158 per share.The face value is ₹5 per share with a lot size of 94.
Laxmi India Finance IPO total issue size comprises 1,60,92,195 shares (aggregating up to ₹254.26 Cr). This includes a fresh issue of 1,04,53,575 shares (aggregating up to ₹165.17 Cr). Offer for Sale consists of 56,38,620 shares (aggregating up to ₹89.09 Cr). Pre-issue shareholding stands at 4,18,14,300, which will increase to 5,22,67,875 post-issue.
Laxmi India Finance IPO Lot Size : Retail Minimum is 1 lot (94 shares) amounting to ₹14,852. Retail Maximum is 13 lots (1,222 shares) amounting to ₹193,076. SHNI Minimum is 14 lots (1,316 shares) amounting to ₹207,928. SHNI Maximum is 67 lots (6,298 shares) amounting to ₹995,084. BHNI Minimum is 68 lots (6,392 shares) amounting to ₹1,009,936.
The Lead Managers for Laxmi India Finance IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Pl Capital Markets Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Laxmi India Finance Limited RHP.
Laxmi India Finance IPO Details
Laxmi India Finance IPO Subscription
Laxmi India Finance IPO Application Wise Breakup (Approx)
Laxmi India Finance IPO Dates
- 29 Jul 2025Opening dateOpen
- 31 Jul 2025Closing dateClose
- 01 Aug 2025Allotment Date Allotment
- 04 Aug 2025Initiation of RefundsRefund
- 04 Aug 2025Credit of SharesCredit
- 05 Aug 2025Listing dateListing
Laxmi India Finance IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 94 | ₹14,852 |
| Retail Maximum | 13 | 1222 | ₹193,076 |
| SHNI Minimum | 14 | 1316 | ₹207,928 |
| SHNI Maximum | 67 | 6298 | ₹995,084 |
| BHNI Minimum | 68 | 6392 | ₹1,009,936 |
Laxmi India Finance IPO Reservation
Promoter Holding
Laxmi India Finance IPO Valuations
Laxmi India Finance Financial Information
| 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 | |||
About Laxmi India Finance IPO
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.
As of June 30, 2024, the company has 26,065 customers, including 15,732 active MSME and 6,146 active vehicle loan customers, reflecting a 78.92% growth from 14,568 customers on March 31, 2022.
As of June 30, 2024, the company accesses funds from 43 lenders, including banks and financial institutions, through instruments like term loans, NCDs, working capital loans, and overdrafts against fixed deposits.
As of September 30, 2024, the company’s centralized, tech-enabled collections team of 255 tracks repayments, loan defaults, and overdue payments in real-time through a dedicated collections app across all business verticals.
As of September 30, 2024, the company operates 139 branches across Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, with the highest number of branches in Rajasthan among its peers.
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.
As of September 30, 2024, the company has 1252 employees.
Strength Of Laxmi India Finance IPO
1. Focus on MSME financing.
2. Access to diversified sources of capital and effective cost of funds.
3. Comprehensive credit assessment, underwriting and risk management framework.
4. Deeper regional penetration in semi-urban and rural areas supported by a mix of direct and indirect sourcing channels.
5. Our Hub and Branch model streamlines operations, reduces costs, and increases customer accessibility, driving business growth and market expansion.
Risk Of Laxmi India Finance IPO
1. We require substantial capital for our business and any disruption in our sources of funding or our inability to secure funding on favourable terms could adversely affect our liquidity, business, cash flows, results of operations and financial condition.
2. Our business is primarily focused on micro, small and medium enterprises (MSMEs) and any adverse development in this sector or in government policies affecting this sector could affect our business, cash flows and results of operations.
3. Our business is primarily focused on micro, small and medium enterprises (MSMEs) and any adverse development in this sector or in government policies affecting this sector could affect our business, cash flows and results of operations.
4. As the NCDs of our Company are listed on BSE, we are subject to certain obligations and reporting requirements under SEBI Listing Regulations. Any non-compliances/delay in complying with such obligations and reporting requirements may render us liable to prosecution and/or penalties.
5. We are subject to periodic inspection by the Reserve Bank of India. Non-compliance with the observations of the Reserve Bank of India could adversely affect our business, financial condition, results of operations and cash flows.
6. If we are unable to control the level of Gross Non-Performing Asset in our portfolio effectively or if we are unable to maintain adequate provisioning coverage or if there is any change in regulatorily-mandated provisioning requirements, our financial condition and results of operations could be adversely affected.
7. We have incurred negative cash flows in the past and may continue to have negative cash flows in the future as we invest in further expanding our distribution network across India.
8. Our Promoter Group Members may be engaged in a line of business similar to ours. Any conflict of interest which may occur as a result could adversely affect our business, prospects, results of operations and financial condition.
9. Our inability to detect money-laundering and other illegal activities fully and on a timely basis may expose us to additional liability and adversely affect our business and reputation.
10. Our Company has allotted Equity Shares to our Promoters during the last 3 Fiscals which may be lower than the Offer Price.
Objectives Laxmi India Finance IPO
- Augmenting the capital base to meet future business requirements of the Company towards onward lending
- General corporate purposes.
Company Contact Details
Laxmi India Finance Limited
2 DFL,
Gopinath Marg, MI Road,
Jaipur-302001
Phone: +91 9773376198
Email: investors@lifc.in
Website: http://www.lifc.co.in/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Laxmi India Finance IPO - FAQs
The Laxmi India Finance IPO is a MAINBOARD public issue comprising 16092195 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹254.26 Cr. The issue price has been fixed at ₹158 per equity share, and the minimum application size is 94 shares.
The IPO opens for subscription on 29 Jul 2025, and closes on 31 Jul 2025.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹0 (0%).