Laxmi India Finance Limited IPO
Laxmi India Finance Limited is a non-deposit taking NBFC–Middle Layer primarily engaged in MSME and vehicle financing. It offers a range of lending products including MSME loans, vehicle loans, and construction loans. As of March 31, 2025, it operates through 158 branches across Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh, and Uttar Pradesh. The company reported an AUM of ₹12,770.18 million, with MSME and vehicle loans contributing 76.34% and 16.12%, respectively. Its customer base includes 35,568 borrowers, comprising 18,596 active MSME and 12,423 active vehicle loan customers.
Price Band₹150 - ₹158 |
Dates29 Jul - 31 Jul |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹254.26 Crs |
Laxmi India Finance IPO Objects
- Augmentation of our capital base to meet our future capital requirements towards onward lending
Laxmi India Finance IPO Details
Price Band₹150 - ₹158 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹165.17 Cr (1.05 Cr Shares) |
Offer For Sale₹89.09 Cr (0.56 Cr Shares) |
Total Issue₹254.26 Cr (1.61 Cr Shares) |
Face Value₹5 per equity share |
Laxmi India Finance IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
94
14,852
Maximum
13
1,222
1,93,076
|
|||
| Small HNI |
Minimum
14
1,316
2,07,928
Maximum
67
6,298
9,95,084
|
|||
| Big HNI |
Minimum
68
6,392
10,09,936
|
|||
Laxmi India Finance IPO GMP
The estimated Grey Market Premium of Laxmi India Finance IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | 1,60,928 EQ Shares |
Laxmi India Finance IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 245.71 | 173.14 | 129.53 |
| Profit after Tax | 35.91 | 22.62 | 16.03 |
| Net Worth | 257.47 | 201.22 | 152.33 |
| Total Borrowing | 1,137.06 | 766.68 | 615.49 |
| Total Assets | 1,412.52 | 984.85 | 778.71 |
| NAV per share (in ₹) | 61.57 | 50.65 | 38.34 |
| EPS - Basic (in ₹) | 8.78 | 6.11 | 5.02 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| Average Yield on Gross loans | 21.92% |
| Average Cost of Borrowings | 12.02% |
| Net Interest Margin | 9.73% |
| GNPA - NNPA | 1.07%/0.48% |
| PE Ratio | 18.00 |
| PB Ratio | 2.57 |
| Mkt Cap (in Crs.) | 825.83 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Laxmi India Finance IPO Peer Comparision
| Particulars | Laxmi India Finance | MAS Financial Services | Five Star Business Finance | SBFC Finance | Ugro Capital | CSL Finance | AKME Fintrade | Moneyboxx Finance |
|---|---|---|---|---|---|---|---|---|
| Total Income (in Crs.) | 248.04 | 1,520.45 | 2,866.02 | 1,306.75 | 1,441.85 | 216.04 | 102.72 | 199.23 |
| PAT (In Crs.) | 35.91 | 320.21 | 1,069.59 | 339.91 | 151.23 | 72.08 | 33.58 | 1.14 |
| EPS - Basic | 8.78 | 17.48 | 36.61 | 3.21 | 15.68 | 31.64 | 8.28 | 0.39 |
| NAV per share | 61.57 | 142.50 | 214.13 | 29.40 | 222.57 | 241.21 | 89.56 | 79.85 |
| RONW | 15.66% | 14.71% | 18.60% | 11.39% | 8.68% | 14.18% | 11.09% | 0.53% |
| Net Interest Margin | 9.73% | 5.46% | 16.07% | 9.94% | 4.29% | 12.03% | 11.31% | 13.30% |
| GNPA | 1.07% | 2.44% | 1.79% | 2.74% | 2.30% | 0.46% | 2.77% | 6.61% |
| Price to earning (PE) | 18.00 | 16.97 | 20.62 | 34.38 | 11.65 | 10.56 | 0.94 | 476.67 |
- All information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 17, 2025 for Peers
Laxmi India Finance IPO Peer Comparision
| Particulars | Laxmi India Finance |
|---|---|
| Total Income (in Crs.) | 248.04 |
| PAT (In Crs.) | 35.91 |
| EPS - Basic | 8.78 |
| NAV per share | 61.57 |
| RONW | 15.66% |
| Net Interest Margin | 9.73% |
| GNPA | 1.07% |
| Price to earning (PE) | 18.00 |
| MAS Financial Services | Five Star Business Finance | SBFC Finance | Ugro Capital | CSL Finance | AKME Fintrade | Moneyboxx Finance |
|---|---|---|---|---|---|---|
| 1,520.45 | 2,866.02 | 1,306.75 | 1,441.85 | 216.04 | 102.72 | 199.23 |
| 320.21 | 1,069.59 | 339.91 | 151.23 | 72.08 | 33.58 | 1.14 |
| 17.48 | 36.61 | 3.21 | 15.68 | 31.64 | 8.28 | 0.39 |
| 142.50 | 214.13 | 29.40 | 222.57 | 241.21 | 89.56 | 79.85 |
| 14.71% | 18.60% | 11.39% | 8.68% | 14.18% | 11.09% | 0.53% |
| 5.46% | 16.07% | 9.94% | 4.29% | 12.03% | 11.31% | 13.30% |
| 2.44% | 1.79% | 2.74% | 2.30% | 0.46% | 2.77% | 6.61% |
| 16.97 | 20.62 | 34.38 | 11.65 | 10.56 | 0.94 | 476.67 |
- All information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 17, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Hirak Vinimay Pvt Ltd | 52.01% |
| Deepak Baid | 17.66% |
| Deepak Hitech Motors Pvt Ltd | 6.70% |
| Others | 12.68% |
Management Details
| Name | Designation |
|---|---|
| Deepak Baid | MD |
| Gopal Sain | CFO |
Company Details
Name: Laxmi India Finance Limited
Address: 2 DFL, Gopinath Marg, MI Road, Jaipur-302001, Rajasthan, India
Number: +91 9773376198
Email: investors@lifc.in
Website: www.lifc.co.in
Book Running Lead Managers (BRLMs)
PL Capital Markets
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Laxmi India Finance IPO is a Mainboard IPO having an issue size of Rs. ₹254.26 Crs. Laxmi India Finance IPO is priced at ₹150 - ₹158 per share. The issue opens on 29 Jul 25 and closes on 31 Jul 25.
Laxmi India Finance IPO opens on 29 Jul 25 and closes on 31 Jul 25.
The estimated Grey Market Premium of Laxmi India Finance IPO is ₹0 per share (0.00%).
The minimum lot size of Laxmi India Finance IPO is 94 shares & the minimum application amount is Rs. 14852.
The allotment date of Laxmi India Finance IPO is 01 Aug 25.
The listing date of Laxmi India Finance IPO is 05 Aug 25.
Laxmi India Finance IPO is subscribed -.
Laxmi India Finance IPO is priced at ₹150 - ₹158 per share.
Click the allotment link on Laxmi India Finance IPO page of IPO360.
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