Laxmi India Finance IPO subscription started on Tuesday, July 29, 2025, and will close on July 31, 2025, as per the schedule. The price band is set at ₹150 to ₹158 per share with a face value of ₹5.
Laxmi India Finance IPO Subscription Status
Laxmi India Finance IPO subscribed over 0.37x on its First day till 05.00 PM on 29th July 2025.
- Laxmi India Finance IPO subscription QIB investors’ portion is 0.10x times, while NII subscribed 0.19x times, and RII investors subscribed 0.61x times.
- The company has received bids for 42,40,622 shares against 1,13,12,814 shares on offer on the First day.
- Laxmi India Finance’s IPO subscribed over 0.37x times on day 1.
About Laxmi India Finance IPO
Laxmi India Finance Limited, founded in 1996, is one of the leading companies involved in the business of a Non-Banking Financial Company. 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. As of September 30, 2024, the company includes a team of 255 people who use a special app to track repayments, loan defaults, and overdue payments in real-time. The company has 139 branches in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh as of September 30, 2024.
Laxmi India Finance IPO Company Financial Report
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.
Laxmi India Finance IPO GMP
Laxmi India Finance IPO GMP was ₹0 as of Tuesday, 29th July. That indicates the IPO is trading at ₹158 with a ₹0 premium in the grey market against the issue price of ₹158.
