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IPO Analysis > laxmi-india-finance-ipo-mainboard

 

Laxmi India Finance IPO: Know All The Details Here

India’s credit market has seen massive growth in recent years. In FY25, it's estimated to have crossed ₹236 trillion. Looking ahead, this number is expected to touch nearly ₹300 trillion by FY27 and grow at a steady 12%–13% annually between FY25 and FY27.

Now, with the market expanding and credit demand on the rise, Laxmi India Finance is opening the door for investors to be part of its IPO.

The IPO is being managed by PL Capital Markets while MUFG Intime is the registrar. Click here to check allotment status. 

See the Laxmi India Finance IPO RHP for more details. 

Note: Half of Laxmi India Finance’s shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Laxmi India Finance IPO Details: Company Profile

Let's walk through Laxmi India Finance’s company profile.


Particulars

Details

Incorporated 

1996

Registered Office 

Jaipur, Rajasthan

Promoters 

Deepak Baid and Prem Devi Baid

Products 

MSME, Vehicle Finance, and Construction Loans

Branches  

158

Awards 

Company of the Year in Finance Outlook India Magazine

Competitors 

Five Star Business, SBFC Finance, UGRO Capital, CSL Finance, and Akme Fintrade 


Exploring the Laxmi India Finance IPO Details

Check these important details before moving forward with the IPO.

  • Laxmi India Finance IPO Date

Keep track of all important IPO dates right here to get Laxmi India Finance IPO allotment details. 


Event Description

Date

Opening day for IPO applications

29 July 2025

Last day to apply for the IPO

31 July 2025

Deadline to approve UPI mandate

31 July 2025 (5 PM)

Finalisation of allotment status

01 August 2025

Start of refund process for unallotted investors

04 August 2025

Shares credited to Demat accounts

04 August 2025

Stock market listing date

05 August 2025

UPI mandate expiration date

18 August 2025

50% anchor investor lock-in period ends

31 August 2025

Remaining anchor investor lock-in ends

30 October 2025

  • Laxmi India Finance IPO Issue Size

See how much is the IPO size of Laxmi Finance India.


Particulars

Number of Equity Shares

Aggregate Value

Fresh Issue 

10,453,575

₹165.17 crores

Offer for Sale

5,638,620

₹89.09 crores

Overall Issue 

16,092,195

₹254.26 crores

  • Objectives of the offer 

This is how Laxmi India Finance plans to utilise the money.


Particulars

Expenditure (₹ in million)

% of Net Proceeds

Amount to be Funded (₹ in million)

Deployment in FY 2026 (₹ in million)

Augmentation of capital base to meet capital needs in the future

1,770.00

100%

1,770.00

1,770

  • Other takeaways from the Laxmi India Finance Share Price

Here's the Laxmi India Finance IPO price and application amount you should know.


Particulars

Description

Face value of each share

₹5

Price Range

₹150 – ₹158

Listed At 

NSE BSE

  • Categorisation of different investors 

See how allotment works for retail, HNIs, and institutional buyers.


Category

Equity Shares Allocation

Minimum Bid

Maximum Bid

QIBs

Not Disclosed 

Not Disclosed 

Up to total offer size (excl. Anchor)

Non-Institutional

Not Disclosed 

Bid amount > ₹2,00,000

Subject to offer size & applicable limits

Retail Investors

Not Disclosed 

Not Disclosed 

Up to ₹2,00,000 worth of shares

Eligible Employees

Up to 160,928 shares

Not Disclosed 

Up to ₹5,00,000 worth of shares


Begin by opening a demat account as it’s a must for IPO investing. Check out the best brokers to open your demat account with. 

Laxmi India Finance IPO details: Key Financials

These numbers show Laxmi India Finance’s financial track record.


Particulars

FY 2025 (₹ in million)

FY 2024 (₹ in million)

FY 2023 (₹ in million)

Equity Share Capital

209.07 

198.63 

183.17 

Other Equity

2,369.87

1,818.68 

1,342.30 

Net Worth 

2,574.65 

2,012.15

1,523.27

Total Income

2,480.38 

1,750.18 

1,306.68 

Profit for the Year

359.10

226.21

160.28 

Earnings Per Share (Basic)

8.78

6.11

5.02

Earnings Per Share (Diluted)

8.78

5.66

5.02

Net Asset Value per Equity Share 

61.57

50.65

38.34

Total Borrowings 

11,370.64 

7,666.77 

6,154.87

Metrics of Laxmi India Finance IPO 


Metric

FY25 (%)

FY24 (%)

FY23 (%)

Capital to Risk-Weighted Assets Ratio (CRAR) 

20.80

21.81

23.09

Average Cost of Borrowings

12.02

12.06

12.24

Yield on Average Gross Loans

0.2192

0.2087

0.2134

Spread

0.10

0.09

0.09

Interest Margin

9.73

9.23

9.27

Impairment on Financial Instruments / Average Total Assets 

0.99

0.21

0.24

Return on Average Total Assets (RoTA)

3.00

2.57

2.40

Return on Average Net Worth (RoNW) 

0.1566

0.13

0.12

Gross Non-Performing Assets Ratio

0.01

0.01

0.01

(Net NPA Ratio) 

0.00

0.00

0.00

Provision Coverage Ratio on Gross Non-Performing Assets 

0.5518

0.5441

0.456

Strengths and risks

These are the strong points and concerns to note about Laxmi India Finance.


Strengths

  • Offers different types of loans like MSMEs, vehicles, even construction

  • Many loans fall under Priority Sector Lending (PSL)

  • Management team is experienced in finance

  • Supports financial inclusion which goes well with government schemes

Risks

  • MSME and vehicle loans can be difficult to give if people can't repay

  • If the economy dips, borrowers might struggle to pay back

  • Government rules for NBFCs can change anytime

  • Tough competition from fintechs and big banks too

IPO Closing Soon: Is Laxmi India Finance IPO Worth the Rush?

As of 29 July, the Laxmi India Finance GMP is ₹167. For more information, check the latest GMP update to get the best Laxmi India Finance IPO review


Apply for Laxmi India Finance IPO now. Track live IPO live subscription updates here. 

FAQs

1. What is Laxmi India Finance IPO GMP?

Laxmi India Finance GMP indicates the premium at which the IPO shares are trading in the unofficial market before listing. As of now, the GMP is around ₹167, reflecting investor sentiment ahead of the IPO.

2. What is Laxmi India Finance IPO share price?

The Laxmi India Finance IPO share price is set at ₹150 - ₹158 per equity share. This price band helps investors determine their bidding strategy during the IPO subscription window.

3. What is Laxmi India Finance IPO Date?

The Laxmi India Finance IPO date begins on 29 July 2025and closes on 31 July 2025. Investors can apply within this window through ASBA or UPI-supported platforms.

4. What is the Laxmi India Finance IPO review?

The Laxmi India Finance IPO review suggests whether investors should apply for it or not. One can get the details like financial performance, sector outlook, and valuation for this. 

5. Is having a demat account necessary for Laxmi India Finance IPO application?

Yes, to invest in the Laxmi India Finance IPO, you must have a demat account. Allotment of shares is done electronically, and without a demat account, you won’t be able to receive or hold the shares after allocation.


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