The Laxmi India Finance Limited IPO is opening on 29 July 2025 and will close on 31 July 2025. This is a mainboard IPO raising ₹254.26 crore from a mix of fresh issue of 1.05 crore equity shares amounting to ₹165.17 crore and offer for sale (OFS) of 56 lakh equity shares amounting to ₹89.09 crore.
The Laxmi India Finance IPO allotment date will be decided on Friday, 1 August 2025. Laxmi India Finance shares will be tentatively listed on NSE & BSE on Tuesday, 5 August 2025.
The Laxmi India Finance price band has been between ₹150 and ₹158 per share. The minimum lot size decided for the IPO is 94 shares. The minimum investment for retail traders is ₹14100 for a lot. For sNII, it is 14 lots, which makes the minimum investment as ₹207928, and for bNII, it is 68 lots, which makes their minimum investment as ₹1009936.
Here Are the Quick Steps to Apply for the Laxmi India Finance IPO with the Best IPO App!
Laxmi India Finance NSE BSE IPO Details
| Detail | Information |
| IPO Opening Date | July 29, 2025 |
| IPO Closing Date | July 31, 2025 |
| Tentative IPO Listing Date | August 5, 2025 |
| Face Value | ₹5 per share |
| Price Range | ₹150 to ₹158 per share |
| Lot Size | 94 shares |
| Total Issue Size | 16092195 Shares (₹254.26 Cr.) |
| Fresh Issue | 14053575 Shares (₹165.17 Cr.) |
| OFS | 5638620 Shares (₹89.09 Cr.) |
| IPO Segment | Book Building Issue |
| Listing At | NSE BSE |
| Shareholding Pre-Issue | 41814300 shares |
| Shareholding post-issue | 52267875 shares |
Laxmi India Finance Limited | Company Overview
Laxmi India Finance Limited embarked on its journey in 1996 as a non-banking financial company (NBFC). It offers the following services and financial products to the customers –
- MSME Finance: This financing option is available for MSMEs against their residential or commercial properties, and the loan amount can vary from ₹0.05 million to ₹2.5 million. Here, the LTV ratio has to be 65% and the tenure can be a maximum of 84 months.
- Vehicle Finance: As the name suggests, the NBFC offers loans for both commercial and personal vehicles. For commercial vehicles, the maximum loan amount is ₹1.5 million, while for 2-wheelers it is ₹0.15 million and for tractors it is ₹0.7 million.
- Construction loans: Laxmi India Finance also offers loans for the construction of residential and commercial properties, and also for renovation, with a loan amount up to ₹2.5 million. The interest rate varies between 18% and 28% and the tenure can be up to 84 months.
Important Financial Details
- As of 31 March 2025, the company has an asset under management (AUM) of ₹12770.18 million. Out of which 76.34% is made up of MSME loans, and 16.12% is from vehicle loans.
- The customer base stood at 35568, which includes MSME customers of 18596 who are active, and 12423 active vehicle loan customers.
- There are over 158 branches of the NBFC, and the highest number of branches is in Rajasthan.
Laxmi India Finance Limited IPO | Key Details
- Laxmi India Finance IPO Opening Date: July 29, 2025,
- Laxmi India Finance IPO Closing Date: July 31, 2025.
- Allotment Date: August 1, 2025
- Price Band: ₹150 to ₹158 per share
- Lot Size: 94 shares
- Refunds Initiated: August 4, 2025
- Shares Credited to Demat: August 4, 2025
- Listing Date: August 5, 2025
Laxmi India Finance Ltd: Financial Overview
Laxmi India Finance Limited’s profits jumped by 60%, from just 41.7% increase in revenue during FY25.
Here is a snapshot of the financials –
Amounts in ₹ Crore
| Financial Information | 31-Mar-25 | 31-Mar-24 | Change | Change (%) |
| Assets | 1,412.52 | 984.85 | 427.67 | 43.42488704 |
| Revenue | 248.04 | 175.02 | 73.02 | 41.72094618 |
| Profit After Tax | 36.01 | 22.47 | 13.54 | 60.25812194 |
| EBITDA | 163.88 | 114.59 | 49.29 | 43.01422463 |
| Net Worth | 257.47 | 201.22 | 56.25 | 27.95447769 |
| Reserves & Surplus | 236.99 | 181.87 | 55.12 | 30.3073624 |
| Total Borrowing | 1,137.06 | 766.68 | 370.38 | 48.30959462 |
Laxmi India Finance Ltd IPO | FAQs
Laxmi India Finance Ltd is engaged in offering non-banking financial services such as MSME loans, vehicle financing, and commercial loans.
The tentative IPO listing date of Laxmi India Finance has been fixed as Tuesday, 5 August 2025.
The bidding date for the Laxmi India Finance IPO is July 29, 2025, and it will continue until July 31, 2025.
The minimum IPO lot size for Laxmi India Finance is 94 shares.
The IPO allotment is expected to be finalized on Friday, August 1, 2025.
The IPO face value is set at ₹5 per share.
______________________________________________________________________________________
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.