Laxmi India Finance IPO: Price Band, GMP, Lot Size, Subscription Dates, and Listing Details
Investors are looking forward to the much-anticipated Laxmi India Finance IPO on the primary markets that are slated to hit the markets on July 29, 2025. There is a lot of hope in the price band, lot size, GMP, and the financials of the IPO. In case of investment, all the information that you need to know about Laxmi India Finance Initial Public Offering such as major dates, size of the issue, objectives, and allotment schedules are provided here.
Laxmi India Finance IPO Overview
- IPO Opening Date: July 29, 2025 (Tuesday)
- IPO Closing Date: July 31, 2025 (Thursday)
- Price Band: ₹150 to ₹158 per equity share
- Face Value: ₹5 per share
- Lot Size: 94 equity shares and in multiples thereafter
- Total Issue Size: 1.6 crore shares
- Fresh Issue: 1.04 crore shares
- Offer for Sale (OFS): 56.38 lakh shares
- Listing: BSE and NSE
- Listing Date (Tentative): August 5, 2025
- Lead Manager: PL Capital Markets Pvt Ltd
- Registrar: MUFG Intime India Private Ltd (formerly Link Intime)
Laxmi India Finance IPO Price Band and Valuation
The Laxmi India Finance IPO price band is fixed between ₹150 to ₹158 per share, which translates to:
- Floor price at 30 times the face value
- Cap price at 31.60 times the face value
This valuation reflects the company's growth potential in the NBFC space and aligns with the current industry multiples.
IPO Lot Size and Minimum Investment
Retail investors can bid for a minimum of 1 lot (94 shares), which requires an investment of:
- ₹14,852 at the upper band (₹158)
This makes the Laxmi India Finance IPO retail-friendly, targeting a wide investor base looking for growth in the NBFC sector.
Laxmi India Finance IPO Reservation Structure
- Qualified Institutional Buyers (QIB): Up to 50% of the net offer
- Non-Institutional Investors (NII): At least 15% of the net offer
- Retail Investors: At least 35% of the net offer
- Employee Quota: Up to 1,60,928 equity shares reserved
The presence of an employee quota indicates the company’s focus on internal participation and stakeholder retention.
Anchor Investors India Finance Laxmi IPO
The anchor investor allocation shall be carried out on July 28, 2025, a day before the opening of the IPO. This would lead the mood of the greater marketplace, and might provide a suggestion as to what institutional investors would be attempting.
Laxmi India Finance IPO Allotment Date and Listing Timeline
The history of Laxmi India Finance
Laxmi India Finance Limited founded in 1996 is one of the Non-Banking Financial Companies (NBFAs) specializing in advanced loans of small enterprise and retail lending to small scale financial firms. Some of its most outstanding services and products are the loans to MSMEs, vehicle loans, and construction loans. There is an MSME loan of 50, 000 rupees to 25 lakhs up to 84 months and vehicle finance provides two-wheelers, tractor, and commercial vehicles loans. Loans against property can be given under construction loans on the interest rates varying 18-28 per cent that are given to the borrower upon building or renovation.
As on March 31, 2025, its AUM stood at 1277 crore and MSME and vehicle loans amounted to more than 92 per cent of the portfolio. It operates more than 35,500 customers of which 37 percent are new borrowers and it has grown to 158 branches in Rajasthan, Gujarat, MP and Chattisgarh. With the funding of 47 lenders such as banks and NBFCs, Laxmi India Finance is still promoting credit through underserved areas.
How to Apply for IPO from IPO Ji?
Applying for an IPO through IPO Ji is fast, secure, and beginner-friendly. Follow these simple steps:
- Download the IPO Ji App or visit www.ipoji.com.
- Log in using your mobile number and authenticate.
- Link your broker (like Zerodha, Angel One, Upstox, etc.) to place bids directly.
- Browse the ongoing IPO list and select the IPO you want to apply for.
- Enter bid details (lot size, price, category) and confirm.
- Approve mandate request via your UPI app (like PhonePe, Google Pay, Paytm).
- Done! You’ll get confirmation, and you can track allotment status on IPO Ji.
FAQs about Laxmi India Finance IPO
Q1. What is the Laxmi India Finance IPO price band? ₹150 to ₹158 per share.
Q2. When will the Laxmi India Finance IPO open and close? The IPO opens on July 29 and closes on July 31, 2025.
Q3. What is the lot size for the Laxmi India Finance IPO? 94 equity shares per lot.
Q4. When will Laxmi India Finance shares be listed? Tentative listing date is August 5, 2025, on BSE and NSE.
Q5. Who is the registrar for the IPO? MUFG Intime India Pvt Ltd (Link Intime).
