Laxmi India Finance IPO Date, Review, Price, Details
Laxmi India Finance is set to open its book-built IPO on July 29, 2025, and close on July 31, 202. Through this offering, the company aims to raise approximately ₹254.26 crores, which includes a fresh issue of equity worth ₹165.17 crores and an offer-for-sale of up to 56,38,620 shares (face value ₹5 each). The price band has been fixed between ₹150 and ₹158 per share. Allocation is structured with 50% reserved for institutional investors, 35% for retail subscribers, and the remaining 15% for high-net-worth individuals. Allotment is expected on August 1, 2025, and trading will commence on both the BSE and NSE from August 5, 2025.
In the last two financial years, Laxmi India Finance achieved a notable uptick in its top and bottom lines. Revenue climbed from ₹175.02 crores in FY2024 to ₹248.04 crores in FY2025, while net profit rose from ₹22.47 crores to ₹36.01 crores over the same period.
Laxmi India Finance IPO Market Lot Size
The Laxmi India Finance IPO minimum market lot is 94 shares with ₹14,852 application amount. The retail investors can apply up-to 13 lots with 1,222 shares of ₹1,93,076 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 94 | ₹14,852 |
Retail Maximum | 13 | 1,222 | ₹1,93,076 |
S-HNI Minimum | 14 | 1,316 | ₹2,07,928 |
B-HNI Minimum | 68 | 6,392 | ₹10,09,936 |
Laxmi India Finance IPO Details
IPO Open Date: | July 29, 2025 |
IPO Close Date: | July 31, 2025 |
Face Value: | ₹5 Per Equity Share |
IPO Price Band: | ₹150 to ₹158 Per Share |
Issue Size: | Approx ₹254.26 Crores |
Fresh Issue: | Approx ₹165.17 Crores |
Offer for Sale: | Approx 56,38,620 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Laxmi India Finance IPO Valuation – FY2025 (KPI)
Check Laxmi India Finance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | -% |
ROCE: | -% |
EBITDA Margin: | -% |
PAT Margin: | -% |
Debt to equity ratio: | – |
Earning Per Share (EPS): | ₹8.78 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 15.66% |
Net Asset Value (NAV): | ₹61.57 |
Laxmi India Finance IPO Company Financial Report
The company reported revenue of ₹248.04 crores in 2025 against ₹175.02 crores in 2024. The company reported profit of ₹36.01 crores in 2025 against profit of ₹22.47 crores in 2024.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2023 | ₹130.67 | ₹108.65 | ₹15.97 | ₹778.71 |
2024 | ₹175.02 | ₹145.38 | ₹22.47 | ₹984.85 |
2025 | ₹248.04 | ₹200.68 | ₹36.01 | ₹1,412.52 |
Laxmi India Finance IPO Dates
The Laxmi India Finance IPO date is July 29 and the close date is July 31. The Laxmi India Finance IPO allotment will be finalized on August 1 and the IPO listing on August 5.
IPO Open Date: | July 29, 2025 |
IPO Close Date: | July 31, 2025 |
Basis of Allotment: | August 1, 2025 |
Refunds: | August 4, 2025 |
Credit to Demat Account: | August 4, 2025 |
IPO Listing Date: | August 5, 2025 |
Promoters of Laxmi India Finance IPO
The promoters of the company are Deepak Baid, Prem Devi Baid, Aneesha Baid, Hirak vinimay Private Limited, Deepak Hitech Motors Private Limited, Prem dealers Private Limited and Vivan Baid Family Trust.
About Laxmi India Finance IPO
Founded in 1996, Laxmi India Finance Limited is a prominent non-banking financial institution serving small businesses and entrepreneurs. Its lending portfolio MSME loans, vehicle financing, construction financing, and various other credit products.
As of June 30, 2024, the company catered to 26,065 clients, comprising 15,732 active MSME borrowers and 6,146 active vehicle loan customers. Funding is sourced from 43 banks and financial institutions through term loans, non-convertible debentures (NCDs), and working-capital facilities. By September 30, 2024, a dedicated workforce of 255 employees leveraged a proprietary mobile application to monitor repayments, defaults, and overdue accounts in real time. The company’s network extended across 139 branches in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh as of that date.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
MAS Financial Services Limited | 17.48 | 16.97 | 14.71 | 142.50 | 1520.45 Cr. |
Five Star Business Finance Limited | 36.61 | 20.62 | 18.60 | 214.13 | 2866.02 Cr. |
SBFC Finance Limited | 3.21 | 34.38 | 11.39 | 29.40 | 1306.75 Cr. |
Ugro Capital Limited | 15.68 | 11.65 | 8.68 | 222.57 | 1441.85 Cr. |
CSL Finance Limited | 31.64 | 10.56 | 14.18 | 241.21 | 216.04 Cr. |
AKME Fintrade (India) Limited | 8.28 | 0.94 | 11.09 | 89.56 | 102.72 Cr. |
Moneyboxx Finance Limited | 0.39 | 476.67 | 0.53 | 79.85 | 199.23 Cr. |
Objects of the IPO
- Strengthening our equity foundation to support future lending activities.
Merchant Bankers
- PL Capital Markets Private Limited
Company Address
Laxmi India Finance Ltd.
2 DFL,
Gopinath Marg,
MI Road,
Jaipur, Rajasthan, 302001
Phone: +91 9773376198
Email: [email protected]
Website: http://www.lifc.co.in/
Laxmi India Finance IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Check Grey market premium at below
(GMP)