Laxmi India Finance Limited is going to launch its IPO on July 29, 2025, the objective of raising 254 crores (Approx) from the market. The closing date of the IPO is July 31, 2025, and it will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on Aug 05, 2025.
About Laxmi India Finance
Laxmi India Finance Ltd is a non-deposit taking non-banking financial company (NBFC) that focuses on meeting the financial needs of underserved customers in India’s lending market. As of September 30, 2024, the company operates a strong network of 139 branches across rural, semi-urban, and urban areas in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh.
The company offers a wide range of lending products, including MSME loans, vehicle loans, construction loans, and other financing solutions. These products cater to the diverse financial needs of individuals, small businesses, and entrepreneurs. Laxmi India Finance plays a key role in promoting financial inclusion and economic growth by supporting small businesses. Over 80% of its MSME loans qualify as Priority Sector Lending under RBI guidelines, further highlighting its contribution to India’s development.
Laxmi India Finance Ltd has a strong legacy that dates back to the early 1990s with Deepak Finance & Leasing Company (DFL), a proprietorship firm established by the Promoter’s father. In 2010, the current Promoter acquired full control of the company. In 2011, the company took a major step forward by acquiring and integrating DFL’s business operations, combining the experience and strengths of both entities.
With a clear vision and strong foundation, Laxmi India Finance continues to empower underserved communities and support small enterprises across India.
IPO details of Laxmi India Finance
| IPO Date | 29 July 2025 to 31 July 2025 |
| Offer Price | 150 to 158 per share |
| Lot Size | 94 Shares |
| Max Retail Subscription (In Rs.) | Up to 2 lakhs |
| Face Value | 05 per shares |
| Issue Size (In Cr.) (Approx) | 254 |
| Issue Type | Book Building |
| Listing In | NSE, BSE |
Investor category allocation of Laxmi India Finance IPO
| Investor category | Allocation (% of Net Offer) |
| QIBs | Up to 50% |
| Retail Individuals | At least 35% |
| NIIs/HNIs | At least 15% |
| Total | 100% |
Laxmi India Finance (IPO Schedule):
| IPO Open Date | 29 July 2025 |
| IPO Close Date | 31 July 2025 |
| UPI Mandate deadline | 31 July 2025 (5 PM) |
| Allotment Date | 01 Aug 2025 |
| Refund Initiation | 04 Aug 2025 |
| Demat Transfer | 04 Aug 2025 |
| Listing Date | 05 Aug 2025 |
Financial Information of Laxmi India Finance IPO
| Financial End | March 2023 | March 2024 | March 2025 |
| Total Assets (In Cr.) | 778.71 | 984.85 | 1412.52 |
| Revenue (In Cr.) | 130.67 | 175.02 | 248.04 |
| Profit After Tax (In Cr.) | 15.97 | 22.47 | 36.01 |
| Net Worth (In Cr.) | 152.33 | 201.22 | 257.47 |
Objective of Laxmi India Finance IPO
- Augmentation of our capital base to meet our future capital requirements towards onward lending
Prospectus of Laxmi India Finance IPO
List of Promoters
A. Individual Promoters
- Deepak Baid
- Prem Devi Baid
- Aneesha Baid
B. Corporate Promoters
- Hirak Vinimay Private Limited
- Deepak Hitech Motors Private Limited
- Prem Dealers Private Limited
C. Promoter Trust
- Vivan Baid Family Trust
Registered Address of Laxmi India Finance IPO
Laxmi India Finance Limited
2 DFL, Gopinath Marg,
MI Road, Jaipur -302001,
Rajasthan, India.
Telephone: +91 9773376198
Email: investors@lifc.in
Website: www.lifc.co.in
Laxmi India Finance IPO Registrar
MUFG Intime India Private Limited
(Formerly Link Intime India Private Limited)
C-101, 247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai – 400 083
Maharashtra, India
Tel.: +91 81081 14949
E-mail: laxmifinance.ipo@in.mpms.mufg.com
Investor grievance e-mail: laxmifinance.ipo@in.mpms.mufg.com
Website: www.in.mpms.mufg.com
Laxmi India Finance IPO Lead Manager
PL Capital Markets Private Limited
FAQs.
Q. What is Laxmi India Finance IPO?
A. Laxmi India Finance IPO is a Regular IPO. The IPO is to be listed on NSE, BSE.
Q. When Laxmi India Finance IPO will open for subscription?
A. The IPO is to open on 29 July 2025. The IPO will close on 31 July 2025.
Q. What is Laxmi India Finance IPO Issue Size?
A. Laxmi India Finance IPO issue size is 254 crores (Approx).
Q. What is Laxmi India Finance IPO Price Band?
A. Laxmi India Finance IPO Price Band is 150 to 158.
Q. What is Laxmi India Finance IPO Lot Size?
A. The minimum bid is 94 Shares with 14,852 amount.
Q. What is the Laxmi India Finance IPO Allotment Date?
A. Laxmi India Finance IPO allotment date is 01 Aug 2025.
Q. What is the Laxmi India Finance IPO Listing Date?
A. Laxmi India Finance IPO listing date is 05 Aug 2025.
Q. How to Check Laxmi India Finance Limited IPO Allotment Status?
Follow these easy steps to check your Laxmi India Finance Limited IPO allotment status
online:
1. Visit the Registrar’s Website
2. Click on “IPO Allotment Status”
3. Select “Laxmi India Finance Limited IPO”
From the dropdown menu, select “Laxmi India Finance Limited IPO”.
4. Enter Your Details
You can check allotment using one of the following:
PAN Number
Application Number
DP/Client ID
Account No/IFSC
5. Click on “Search” or “Submit”
6. View Allotment Status
The website will show your IPO allotment result — whether shares are allotted or not.