Laxmi India Finance Ltd. IPO

Laxmi India Finance Ltd. IPO

🏦 Company Profile Laxmi India Finance Limited is a Jaipur‑based non‑deposit-taking NBFC, categorized as an RBI NBFC‑Middle Layer. It originally operated as a proprietorship in the 1990s and became a public limited company in August 2024. It primarily lends to MSMEs, vehicles, construction, and small‐ticket retail customers, emphasizing financial inclusion and underserved markets. Strengths & Considerations ✅ Strengths Focus on MSME financing, which offers both growth and Priority Sector Lending advantage. Well-capitalized, expanding branch footprint across five states, and improving borrowing costs via diverse lender pool (~47 lenders). Strong profit momentum…

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