Laxmi India Finance IPO:
Jaipur-based Non-Banking Financial Company (NBFC), Laxmi India Finance Ltd., has announced its Initial Public Offering (IPO) to raise up to ₹254.26 crores. The public issue is set to open for subscription on Tuesday, July 29, 2025, and will conclude on Thursday, July 31, 2025.
The company has fixed a price band of ₹150 to ₹158 per equity share, with a face value of ₹5 each. The IPO will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Laxmi India Finance IPO Structure and Details
The IPO comprises a fresh issue, aggregating up to ₹165.17 crores, and an Offer for Sale (OFS), amounting to ₹89.09 crores.
Investors can bid for a minimum lot size of 94 shares and in multiples thereof. For retail investors, this translates to a minimum investment of ₹14,100 at the lower price band and ₹14,852 at the upper price band. A retail investor can apply for a maximum of 13 lots, totaling 1,222 shares, for an investment of up to ₹1,93,076.
Company Financials
Laxmi India Finance has demonstrated strong financial growth. For the fiscal year ending March 31, 2025, the company reported a revenue of ₹248.04 crores and a Profit After Tax (PAT) of ₹36.01 crores. This represents a significant year-over-year increase of approximately 42% in revenue and 60% in profit compared to the fiscal year 2024, where revenue stood at ₹175.02 crores and PAT at ₹22.47 crores. The company’s total assets as of March 31, 2025, were valued at ₹1,412.52 crores.
Laxmi India Finance IPO Objectives
The primary objective for raising funds through the fresh issue is to augment the company’s capital base. According to the prospectus, an estimated ₹143.00 crores of the net proceeds will be utilized to meet future capital requirements for onward lending activities.
Laxmi India Finance IPO Reservation Quota
The issue has a reserved allocation for different investor categories:
* Qualified Institutional Buyers (QIB): Not more than 50% of the Net Offer
* Retail Individual Investors (RII): Not less than 35% of the Net Offer
* Non-Institutional Investors (NII): Not less than 15% of the Net Offer
Laxmi India Finance IPO Timeline (Tentative)
* IPO Opening Date: July 29, 2025
* IPO Closing Date: July 31, 2025
* Basis of Allotment Finalization: August 1, 2025
* Initiation of Refunds: August 4, 2025
* Credit of Shares to Demat Account: August 4, 2025
* Tentative Listing Date: August 5, 2025
PL Capital Markets Private Limited is the book-running lead manager for the issue, while MUFG Intime India Private Limited (Link Intime) is the registrar.