When does Laxmi India Finance IPO subscription close?

Laxmi India Finance IPO subscription closes on 2025-07-31.

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.

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₹150 - ₹1581.87x sub

Listed Price₹137.52

Listing Gain-12.96%

LAXMIINDIAEQ / NSE, BSEListed

Laxmi India Finance IPO Subscription

Q: What is the live subscription status of Laxmi India Finance IPO?

Laxmi India Finance IPO has been subscribed 1.87x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Individual Investors.

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Price Band₹150 - ₹158

Lot Size94 shares

Min Bid₹14,852

Subscription1.87x

Listed Market Snapshot

₹137.52Listed price from market data

-12.96%listing gain

Issue Amount

₹254.26 Cr

Listed Price

₹137.52

Current Price

₹105.53

Registrar

Link Intime India Private Limited

Subscription Status

1.87xTotal Demand

Updated 20 Oct 2026, 01:30 AM

QIB1.30x

Fully Subscribed (Safe)Offered: 31,86,253 sh

Nib1.84x

Fully Subscribed (Safe)Offered: 23,89,690 sh

Hnis(10l +)1.82x

Fully Subscribed (Safe)Offered: 15,93,127 sh

Hnis (2-10l)1.89x

Fully Subscribed (Safe)Offered: 7,96,563 sh

Retail2.22x

Fully Subscribed (Safe)Offered: 55,75,943 sh

Employees1.57x

Fully Subscribed (Safe)Offered: 1,60,928 sh

Category	Offered (Shares)	Applied (Shares)	Times Subscribed
QIB	31,86,253	41,36,940	1.3x
Nib	23,89,690	44,02,678	1.84x
Hnis(10l +)	15,93,127	28,94,354	1.82x
Hnis (2-10l)	7,96,563	15,08,324	1.89x
Retail	55,75,943	1,23,74,630	2.22x
Employees	1,60,928	2,52,296	1.57x

Category	Offered	Applied	Times
QIB	31,86,253	41,36,940	1.3x
Nib	23,89,690	44,02,678	1.84x
Hnis(10l +)	15,93,127	28,94,354	1.82x
Hnis (2-10l)	7,96,563	15,08,324	1.89x
Retail	55,75,943	1,23,74,630	2.22x
Employees	1,60,928	2,52,296	1.57x

Segment Subscription Demand

Segment / Category	Demand (Shares)	Offered (Shares)	Times Sub.
QIB	65.36	50.34	1.30x
Retail	195.52	88.1	2.22x
Hnis 2+	23.83	12.59	1.89x
Hnis 10+	45.73	25.17	1.82x
Employees	3.99	2.54	1.57x

Application-wise Breakup

Category	Reserved	Applied	Times Sub.
Retail	59,319	1,14,148	1.92x
Hnis(10l +)	1,211	394	0.33x
Hnis (2-10l)	605	1,016	1.68x
Employees	0	1,275	Open

Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About Laxmi India Finance IPO Subscription Demand

Live subscription status and bidding analysis for Laxmi India Finance (LAXMIINDIA) IPO. The issue is subscribed 1.87x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.