Laxmi India Finance’s ₹254.26 crore book building IPO comprises a fresh issue of ₹165.17 crore and an OFS of ₹89.09 crore. The price band is set at ₹150 – ₹158 and the lot size is 94 shares. Listing is expected on August 5 on NSE and BSE.
Laxmi India Finance IPO Day 3 Subscription Status
Laxmi India Finance IPO has received a total subscription of 1.86 times till the third day. Retail investors were the most interested, where this part has been subscribed 2.20 times. There has been 1.30 times bidding in the QIB category and 1.83 times in the NII category.
Investor Category | Subscription (x) |
---|---|
Qualified Institutional Buyers (QIB) | 1.30 |
Non-Institutional Investors (NII) | 1.83 |
bNII (above ₹10 lakh) | 1.82 |
sNII (less than ₹10 lakh) | 1.87 |
Retail Individual Investors (RII) | 2.20 |
Employee Quota | 1.54 |
Total Subscriptions | 1.86 |
Total Applications: 1,15,060
How to Check Laxmi India Finance IPO Allotment Status
Laxmi India Finance IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)
The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.
How to do:
- Visit MUFG Intime’s official website
- Select “Laxmi India Finance Ltd.” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from BSE or NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.
How to do:
- Visit BSE or NSE’s official website
- Select ‘Equity’ segment
- Select “Laxmi India Finance Ltd.” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the Laxmi India Finance IPO
The company will use the money raised from this issue to expand its loan business. Its main focus is to provide finance to MSME and other retail segments.
Use of IPO Proceeds | Amount (₹ Cr) |
---|---|
Augmentation of capital base for future lending (onward lending) | 143.00 |
Laxmi India Finance IPO GMP – Day 3 Update
The grey market premium (GMP) of Laxmi India Finance IPO is ₹ 1 today, 31 July 2025. Adding the upper level of the price band of ₹ 158 gives the estimated listing price of ₹ 159, i.e. a potential premium of about 0.63% is visible.
Date | GMP (₹) | Est. Listing Price (₹) | Gain (%) |
---|---|---|---|
31 July 2025 (DAY-3) | ₹1 | ₹159 | 0.63% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Laxmi India Finance IPO – Key Details
Particulars | Details |
---|---|
IPO Opening Date | July 29, 2025 |
IPO Closing Date | July 31, 2025 |
Issue Price Band | ₹150 to ₹158 per share |
Total Issue Size | ₹254.26 Cr (1.61 Cr shares) |
Listing Platform | NSE, BSE |
Registrar | MUFG Intime India Private Limited |
Laxmi India Finance IPO DRHP | Click Here |
Laxmi India Finance IPO RHP | Click Here |
Important Dates for Laxmi India Finance IPO Allotment
Event | Date |
---|---|
Tentative Allotment | August 1, 2025 |
Refunds Initiation | August 4, 2025 |
Credit of Shares to Demat | August 4, 2025 |
Listing Date | August 5, 2025 |
Read Also: Laxmi India Finance IPO Day 1: GMP & Subscription Status
Laxmi India Finance Overview
Laxmi India Finance Limited was started in 1996. It is a non-banking financial company (NBFC) that provides MSME, vehicle and construction loans, especially targeting small businesses, first-time borrowers and rural areas. Under MSME finance, the company offers secured loans ranging from ₹50,000 to ₹25 lakh, mostly against residential or commercial property. Vehicle loans include finance for two-wheelers, tractors and commercial vehicles. Construction loans are also available on residential/commercial property, with a maximum tenure of 84 months.
As of March 2025, the company’s assets under management stood at ₹1,277 crore, of which 76% is MSME loans. The customer base has crossed 35,000, and about 37% of these are first-time loan takers.It has 158 branches in Rajasthan, Gujarat, MP and Chhattisgarh. The company, which accesses funds from 47 banks and NBFCs, is growing steadily on the strength of strong underwriting, local reach and experienced management.
Read Also: Laxmi India Finance IPO Day 2: Check GMP, Subscription Status
Frequently Asked Questions (FAQs)
What is the IPO date of Laxmi India Finance?
This IPO will open on July 29, 2025 and close on July 31, 2025.
What is the price band for Laxmi India Finance IPO?
The price band has been fixed from ₹150 to ₹158 per share.
What is the lot size and minimum investment?
There are 94 shares in one lot. The minimum investment for retail investment is around ₹14,852.
What is today’s GMP of Laxmi India Finance IPO?
Today, on July 31, 2025, the GMP is ₹1.
On which exchanges will the IPO list?
Listing will take place on both NSE and BSE.