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LAXMIINDIA · NSE,BSE · Non Banking Financial Company (NBFC)
Laxmi India Finance IPO listed on 05 Aug 2025 on NSE,BSE at ₹137.52, a loss of 12.96% over the issue price of ₹158.00. The IPO was subscribed 1.87x overall.
Laxmi India Finance IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 29 Jul 2025 |
| IPO Close Date | 31 Jul 2025 |
| Basis of Allotment | 01 Aug 2025 |
| Initiation of Refunds | 04 Aug 2025 |
| Credit of Shares to Demat | 04 Aug 2025 |
| Listing Date | 05 Aug 2025 |
Listing day gain
-12.96%
Listed at ₹137.52 (issue ₹158)
Issue
₹158
Listing
₹137.52
Current
₹134.11
-15.12% vs issue
Day range
₹132.98 – ₹146.68
Issue Size
16,092,195 shares
(aggregating up to ₹254.26 Cr)
Issue Price
₹150 – ₹158
Face Value
₹5/share
Market Lot
94 shares
Retail Min Investment
₹14,852
Listing At
NSE,BSE
Sale Type
both
Fresh Issue
10,453,575 shares
(aggregating up to ₹165.17 Cr)
Offer for Sale
5,638,620 shares
(aggregating up to ₹89.09 Cr)
Issue Type
book building
Open Date
29 Jul
Close Date
31 Jul
Allotment
01 Aug
Listing
05 Aug
Last updated: 1 year ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 05 Aug 2025 Latest | ₹158 | ₹0 | ₹158 | ₹0 |
0%
|
12:00 AM |
| 04 Aug 2025 | ₹158 | ₹3 | ₹161 | ₹3 |
1.9%
|
12:00 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 05 Aug 2025
| Category | Subscribed (x) |
|---|---|
| QIB | 1.3x |
| NII | 1.84x |
| bNII (bids above ₹10L) | 1.82x |
| sNII (bids below ₹10L) | 1.89x |
| Retail Investors | 2.22x |
| Employees | 1.57x |
| Total | 1.87x |
Showing the latest subscription snapshot.
View full subscription historyDeepak Baid, Prem Devi Baid, Aneesha Baid, Hirak vinimay Pvt.Ltd., Deepak Hitech Motors Pvt.Ltd., Prem dealers Pvt.Ltd. and Vivan Baid Family Trust
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 94 | ₹14,852 |
| Retail (Max) | 13 | 1,222 | ₹193,076 |
| S-HNI (Min) | 14 | 1,316 | ₹207,928 |
| S-HNI (Max) | 67 | 6,298 | ₹995,084 |
| B-HNI (Min) | 68 | 6,392 | ₹1,009,936 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only employee | 1 | No |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 7,965,632 (49.50%) |
|
•
Anchor Investor Shares Offered
|
4,779,379 (29.70%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
3,186,253 (19.80%) |
| NII (HNI) Shares Offered | 2,389,691 (14.85%) |
|
•
bNII > ₹10L
|
1,593,128 (9.90%) |
|
•
sNII < ₹10L
|
796,563 (4.95%) |
| Retail Shares Offered | 5,575,944 (34.65%) |
| Employee | 160,928 (1.00%) |
| Total Shares Offered | 16,092,195 (100.00%) |
Laxmi India Finance Limited was incorporated in 1996 and is headquartered in Jaipur, Rajasthan. It works in the non-banking financial company (NBFC) sector.
The company is a non-deposit-taking NBFC that provides MSME loans, vehicle finance and construction loans, aimed largely at underserved and semi-urban populations. Its MSME finance offers secured loans against residential or commercial property, ranging from Rs 0.05 million to Rs 2.5 million, while its vehicle finance covers commercial vehicles, two-wheelers and tractors. MSME loans made up 76.34% of its assets under management (AUM), serving 18,596 secured customers, with more than 80% of MSME loans qualifying as Priority Sector Lending. Its branch network grew from 93 in March 2022 to 135 by June 30, 2024, spanning Rajasthan, Gujarat, Madhya Pradesh and Chhattisgarh, while AUM rose from Rs 531.60 crore to Rs 1,035.54 crore over the same period. The company is promoted by Deepak Baid, Prem Devi Baid and Aneesha Baid, along with group entities Hirak Vinimay Private Limited, Deepak Hitech Motors Private Limited and Prem Dealers Private Limited.
Revenue rose 42% and profit after tax rose 60% between FY24 and FY25, as per the DRHP. This was a mainboard IPO, listed on the NSE and BSE, comprising a fresh issue of equity shares of face value Rs 5 each aggregating to about Rs 165.17 crore, along with an offer for sale of up to Rs 89.09 crore by promoters and other selling shareholders, at a price band of Rs 150 to Rs 158 per share, taking the total issue size to about Rs 254.26 crore. MUFG Intime India Private Limited was the registrar of the issue.
Standalone · ₹ in Crores
| Particulars | FY Mar 2023 | FY Mar 2024 | FY Mar 2025 |
|---|---|---|---|
| Total Revenue | 130.67 | 175.02 | 248.04 |
| Profit After Tax (PAT) | 15.97 | 22.47 | 36.01 |
| EBITDA | 85.96 | 114.59 | 163.88 |
| Total Assets | 778.71 | 984.85 | 1,412.52 |
| Net Worth | 152.33 | 201.22 | 257.47 |
| Reserves & Surplus | 134.23 | 181.87 | 236.99 |
| Total Borrowing | 615.49 | 766.68 | 1,137.06 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 |
|---|---|
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 13.95% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 14.48% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 66.07% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 4.42x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 2.57x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹8.61 | ₹6.89 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 18.35x | 22.94x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹661 Cr | ₹701 Cr |
The basis of allotment for Laxmi India Finance IPO was finalised on 01 Aug 2025. You can check your allotment status using your PAN number or application number on the MUFG Intime India Pvt.Ltd portal or BSE.
The Laxmi India Finance IPO is expected to open in Jul 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Laxmi India Finance IPO is ₹150.00 - ₹158.00 per share.
As per market sources, Laxmi India Finance IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Laxmi India Finance IPO stands at 1.87x overall.
The listing date for Laxmi India Finance IPO is 05 Aug 2025.
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