Laxmi India Finance Ltd. IPO
Issue Price
₹158
GMP
—
Lot Size
94
Face Value
₹5
Issue Size
16,092,195 shares (aggregating up to ₹254 Cr)
Subscription
—
IPO Timeline
Open Date29-Jul-25
Close Date31-Jul-25
Allotment1-Aug-25
Refund Initiation4-Aug-25
Demat Credit4-Aug-25
UPI Mandate Deadline31-Jul-25
Listing Date5-Aug-25
Lock-in (30%)30-Aug-25
Lock-in (50%)29-Oct-25
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 7,965,632 (50%) | — | ₹12,586 Cr |
| NII (HNI) | — | 2,389,691 (15%) | — | ₹3,776 Cr |
| Retail | — | 5,575,944 (35%) | — | ₹8,810 Cr |
| Employee | — | 160,928 (1%) | — | ₹25 Cr |
| Σ Total | — | 16,092,195 (100%) | — | ₹254,257 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹158
Face Value₹5
Lot Size94 shares
Issue Size16,092,195 shares (aggregating up to ₹254 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeFresh Capital-cum-Offer for Sale
Script Code—
Fresh Issue10,453,575 shares (aggregating up to ₹165 Cr)
Offer for Sale5,638,620 shares of ₹5 (aggregating up to ₹89 Cr)
Net Offer to Public—
Amount InCrore
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 94 | ₹14,852 |
| Retail (Max) | 13 | 1,222 | ₹193,076 |
| S-HNI (Min) | 14 | 1,316 | ₹207,928 |
| B-HNI (Min) | 67 | 6,298 | ₹995,084 |
Retail1 lot(s)94 shares₹14,852
S-HNI14 lot(s)1,316 shares₹207,928
B-HNI68 lot(s)6,392 shares₹1,009,936
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 248 | 175 | 131 |
| EBITDA | 164 | 115 | 86 |
| Profit After Tax | 36 | 22 | 16 |
| Net Worth | 257 | 201 | 152 |
| Total Assets | 1,413 | 985 | 779 |
| Reserves & Surplus | 237 | 182 | 134 |
| Total Borrowing | 1,137 | 767 | 615 |
Valuation & Key Ratios
ROE—
ROCE—
RONW14%
PAT Margin14%
EBITDA Margin66%
Debt/Equity4
P/BV3
Pre EPS₹9
Post EPS₹7
Pre P/E18
Post P/E23
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Augmentation of the capital base to meet the future capital requirements towards onward lending – 151.59
Company Overview
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.
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.
Key Facts as of March 31, 2025
- Asset Under Management (AUM): Rs 12,770.18 million in 2025 with MSME and Vehicle loan accounted for 76.34% and 16.12% respectively.
- Customer base: 35,568 customers including 18,596 active MSME customers and 12,423 active vehicle loan customers with 48.78% growth from 23,906 customers as on March 31, 2024. 37.10% of its customer base include first-time borrowers.
- Branch network: 158 branches from 135 branches as of March 31, 2024. The company has branches across Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, with the highest number of branches in Rajasthan.
- Accessed funds from 47 lenders – 8 public sector banks, 10 private banks, 7 small finance banks, and 22 NBFCs.
Competitive Strengths:
- Focus on MSME financing
- Access to diversified sources of capital and effective cost of funds
- Comprehensive credit assessment, underwriting and risk management framework
- Deeper regional penetration in semi-urban and rural areas supported by a mix of direct and indirect sourcing channels
- Our Hub and Branch model streamlines operations, reduces costs, and increases customer accessibility, driving business growth and market expansion
- Experienced management with good corporate governance practices.
Company Information
Address2 DFL, Gopinath Marg, MI Road, Jaipur, Rajasthan, 302001
Phone+91 9773376198
Emailinvestors@lifc.in
Websitehttp://www.lifc.co.in/