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LAXMIINDIAEQ / NSE, BSEListed
Laxmi India Finance

Established in 1996, the company is a Non-Banking Financial Company (NBFC) specializing in secured lending across MSME, vehicle, and construction loan segments. It primarily operates in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, with a network of 139 branches as of September 2024. The company has experienced strong growth, with a customer base of 26,065—reflecting a 78.9% increase since March 2022—and a workforce of 1,252 employees. As of June/September 2024, its loan portfolio is led by MSME loans serving 15,732 active customers, followed by vehicle loans with 6,146 active customers. The company is backed by 43 funding partners, including banks and financial institutions, through term loans and NCDs. Its collection process is supported by a tech-enabled team of 255 members who use real-time tracking for efficient loan recovery.

drhpanchor
₹150 - ₹1581.87x sub
Listed Price₹137.52
Listing Gain-12.96%

IPO Schedule & Timeline

Bookbuilding IPO
Open29 Jul 2025
Close31 Jul 2025
Allotment01 Aug 2025
Listing05 Aug 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail55,75,943 shares
34.65%
Nii(hni)23,89,690 shares
14.85%
QIB31,86,253 shares
19.8%
Employees1,60,928 shares
1%

Minimum Application Lots

Retail1 Lot (94 shares)
₹14,852
sHNI14 Lots (1,316 shares)
₹2,07,928
bHNI68 Lots (6,392 shares)
₹10,09,936

Company Promoters

Deepak BaidPrem Devi BaidAneesha BaidHirak Vinimay Private LimitedDeepak Hitech Motors Private LimitedPrem Dealers Private LimitedVivan Baid Family Trust

Company Background

Established in 1996, the company is a Non-Banking Financial Company (NBFC) specializing in secured lending across MSME, vehicle, and construction loan segments. It primarily operates in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, with a network of 139 branches as of September 2024. The company has experienced strong growth, with a customer base of ...

Lead Managers & Bankers

PL Capital Markets Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹248.04 Cr
Growth+89.8%
Revenue Trend (₹ in Crores)
0.095.1190.2285.2Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-25248.0436.011,412.521,137.06
Mar-24175.0222.47984.85766.68
Mar-23130.6715.97778.71615.49

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-258.780%0%00
Mar-246.110%0%00
Mar-235.020%0%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
01 Aug 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
05 Aug 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Laxmi India Finance. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Aug 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date05 Aug 2025Trading commences on exchange

How to Check Laxmi India Finance Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Laxmi India Finance from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Laxmi India Finance IPO

Complete issue overview for Laxmi India Finance (LAXMIINDIA) IPO. The issue features an equity share price band of ₹150 – ₹158 per share with a minimum retail lot size of 94 Shares (minimum application amount of ₹14,852). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions