Laxmi India Finance IPO was subscribed overall 1.86 times on the last day, while the retail quota was subscribed 2.20 times, QIB was subscribed 1.30 times, and NII quota subscribed 1.83 times, respectively.
Laxmi India Finance IPO Details
Laxmi India Finance received approval from SEBI for an IPO worth ₹254.26 crores. The fresh issue was ₹165.17 crores and an offer for sale up to 56,38,620 equity shares with a face value of ₹5 each. Moreover, Laxmi India Finance’s IPO price band is ₹150 to ₹158 per share.
In the Laxmi India Finance IPO, a total of 94 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 1,222 shares in 13 lot sizes, while S-HNI (Min) had a total of 1,316 shares in 14 lot sizes. B-HNI category consists of 6,392 shares in 68 lot sizes.
To invest in the Laxmi India Finance IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,852.
- Retail Investors: Maximum Investment of ₹1,93,076.
- Small HNI (S-HNI): Minimum investment of ₹2,07,928.
- B-HNI Minimum: maximum Investment of ₹10,09,936.
Laxmi India Finance IPO Subscription Duration
The Laxmi India Finance IPO subscription commenced on July 29, 2025, and closed on July 31, 2025. The Laxmi India Finance IPO allotment was finalized on August 1, 2025, and the IPO listing is on August 5, 2025.
About Laxmi India Finance
Laxmi India Finance Limited, started in 1996, is a leading company that works as a Non-Banking Financial Company (NBFC).
The company is engaged in offering MSME loans, vehicle loans, construction loans, and other lending products to small businesses and entrepreneurs. The company consists of 26,065 customers, including 15,732 active MSMEs and 6,146 active vehicle loan customers as of June 30, 2024. Laxmi India gets funds from 43 lenders, including banks and financial institutions, using term loans, NCDs, and working capital loans.
Laxmi India Finance IPO Financial Background
The company reported revenue of ₹248.04 crores in 2025 against ₹175.02 crores in 2024. The company reported a profit of ₹36.01 crores in 2025 against a profit of ₹22.47 crores in 2024.
