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LAXMIINDIAEQ / NSE, BSEListed

Laxmi India Finance Limited

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.

₹150 - ₹1581.87x sub
Listed Price137.52
Listing Gain-12.96%
Subscription1.87x total demandUpdated 24 Nov 2025, 10:03 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
CategoryOfferedAppliedTimes
QIB31,86,25341,36,9401.3x
Nib23,89,69044,02,6781.84x
Hnis(10l +)15,93,12728,94,3541.82x
Hnis (2-10l)7,96,56315,08,3241.89x
Retail55,75,9431,23,74,6302.22x
Employees1,60,9282,52,2961.57x
Segment Subscription Demand
Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB65.3650.341.30x
Retail195.5288.12.22x
Hnis 2+23.8312.591.89x
Hnis 10+45.7325.171.82x
Employees3.992.541.57x
Application-wise Breakup
CategoryReservedAppliedTimes Sub.
Retail59,3191,14,1481.92x
Hnis(10l +)1,2113940.33x
Hnis (2-10l)6051,0161.68x
Employees01,275Open