🏦 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 with robust revenue and earnings growth.
⚠️ Risks & Caveats
- Valuation: trading at ~2.57x P/B vs. peer average of ~2.02x, as per analysts.
- Asset quality pressure: GNPA rising, though still modest in absolute terms.
- Geographic concentration: dominant presence in Rajasthan; expansion into new states may face operational challenges.
Laxmi India Finance Ltd. IPO Timetable
| Particular | Date |
| IPO Open Date | 29 July 2025 |
| IPO Close Date | 31 July 2025 |
| Allotment Date | 01 Aug 2025 |
| IPO Listing Date | 05 Aug 2025 |
Laxmi India Finance Ltd. IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 5 Per Equity Share |
| IPO Price | Rs. 150 to 158 Per Equity Share |
| Market Lot | 94 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 254 Crore. |
Laxmi India Finance Ltd. IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 94 | Rs. 14852 |
| Maximum | 13 | 1222 | Rs. 193076 |
| Small HNI (Minimum) | 14 | 1316 | Rs. 207928 |
| Big HNI (Minimum) | 68 | 6392 | Rs. 1009936 |
Laxmi India Finance Ltd. IPO Allotment Status
Click Here To Check IPO Allotment Status Laxmi India Finance Ltd. IPO
Click Here To Get ASBA Forms Laxmi India Finance Ltd. IPO
Company Financials :
| Particular | 31 March 2025 | 31 March 2024 | 31 March 2023 |
| Total Assets | 1412.52 | 984.85 | 778.71 |
| Total Revenue | 248.04 | 175.02 | 130.67 |
| Profit After Tax | 36.01 | 22.47 | 15.97 |
Company Promoters:
Deepak Baid, Prem Devi Baid, Aneesha Baid, Hirak vinimay Private Limited, Deepak Hitech Motors Private Limited, Prem dealers Private Limited and Vivan Baid Family Trust are the promoters of the company.
Objects of this Issue:
- Augmentation of the capital base to meet the future capital requirements towards onward lending.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Laxmi India Finance Ltd. 2 DFL, Gopinath Marg, MI Road, Jaipur, Rajasthan, 302001 Phone: +91 9773376198 Email: investors@lifc.in Website: http://www.lifc.co.in | MUFG Intime India Private Limited (Link Intime) Phone: +91-22-4918 6270 Email: laxmifinance.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
