Laxmi India Finance
IPO Timeline
Issue open date
29 Jul 2025Issue close date
31 Jul 2025UPI mandate deadline
31 Jul 2025Allotment finalization
1 Aug 2025Refund initiation
4 Aug 2025Share credit
4 Aug 2025Listing date
5 Aug 2025Mandate end date
18 Aug 2025Lock-in end date for anchor investors (50%)
31 Aug 2025Lock-in end date for anchor investors (remaining)
30 Oct 2025Grey Market Premium Trend
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 1 Aug | ₹3 | ₹161 | 1.90% |
| 31 Jul | ₹3 | ₹161 | 1.90% |
| 30 Jul | ₹2 | ₹160 | 0.95% |
| 29 Jul | ₹4 | ₹162 | 2.53% |
| 28 Jul | ₹8 | ₹166 | 5.22% |
| 27 Jul | ₹9 | ₹167 | 5.70% |
| 26 Jul | ₹13 | ₹171 | 8.23% |
| 25 Jul | ₹15 | ₹173 | 9.49% |
| 24 Jul | ₹18 | ₹176 | 11.39% |
| 23 Jul | ₹18 | ₹176 | 11.39% |
| 22 Jul | ₹18 | ₹176 | 11.39% |
| 21 Jul | ₹0 | ₹158 | 0.00% |
Key Dates
Quick Stats
Issue Details
About the Company
Laxmi India Finance (LIFC), established in 1996 and headquartered in Jaipur, Rajasthan, is a non-deposit-taking Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The company specializes in providing financial services to underserved and semi-urban populations across India. Its product portfolio includes MSME loans, vehicle financing, construction loans, and other tailored lending solutions. Operating through 139 branches across Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, LIFC focuses on financial inclusion by supporting small businesses and entrepreneurs. As of June 30, 2024, the company reported an Assets Under Management (AUM) of ₹1,035.53 crore, with MSME and vehicle loans comprising a significant portion of its portfolio.
Strengths
- Extensive branch network across semi-urban and rural regions.
- Diverse loan portfolio catering to MSMEs, vehicles, and construction sectors.
- Focus on financial inclusion aligns with government initiatives.
- A significant portion of loans qualify as Priority Sector Lending.
- Experienced management team with a track record in financial services
Risks
- High concentration of operations in specific geographic regions.
- Exposure to credit risk from MSME and vehicle loan segments.
- Potential impact of economic downturns on borrowers’ repayment capacity.
- Regulatory changes affecting NBFC operations and compliance requirements.
- Competition from other financial institutions and fintech companies.
Laxmi India Finance IPO – Frequently Asked Questions
- The price band for the Laxmi India Finance IPO is set at ₹150 to ₹158 per share.
- The Laxmi India Finance IPO opens on July 29, 2025 and closes on July 31, 2025.
- The tentative listing date for the Laxmi India Finance IPO is August 5, 2025.
- You can apply for the Laxmi India Finance IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Laxmi India Finance, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Laxmi India Finance IPO is 94 shares. Investors must apply for at least one lot (i.e., 94 shares).