Laxmi India Finance Limited

We are a non-deposit taking non-banking financial company focused on serving the financial needs of underserved customers in India’s lending market. As on March 31, 2025, our operational network spans across 158 branches in rural, semi-urban and urban areas in the states of Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh and Uttar Pradesh. Laxmi Finance has the widest reach in Rajasthan in terms of being the company with highest number of branches amongst its peers for the period ending FY25 (Source: CARE Report). Laxmi Finance has recorded second highest return on net worth in FY25 among the peers compared (Source: CARE Report).Our product portfolio includes MSME loans, vehicle loans, construction loans and other lending products catering to the diverse financial needs of our customers. Our MSME lending fuels economic growth and promotes financial inclusion by supporting small businesses and entrepreneurs, with over 80% of our MSME loans qualifying as Priority Sector Lending under RBI guidelines. Building on a legacy that began in early 1990s with Deepak Finance & Leasing Company (a proprietorship concern founded by our Promoter’s father) (DFL), our Promoter acquired the shares and control of our Company in 2010. Subsequently, in 2011, our Company consolidated the business by acquiring and integrating the business and operations of DFL, leveraging the expertise and strengths of both entities. As of March 31, 2025, our assets under management (AUM) stood at ₹12,770.18 million with our MSME and vehicle loan verticals contributing 76.34% and 16.12%, respectively. As on March 31, 2025, our customer base comprises 35,568 customers, including 18,596 active MSME customers and 12,423 active vehicle loan customers, demonstrating a growth of 48.78% from 23,906 customers as on March 31, 2024. We have been systematically expanding our branch network over the years by focusing on deepening our reach in the existing markets, entering new geographies, and increasing penetration in potential regions.

IPO Date

29 Jul 2025 – 31 Jul 2025

Face Value

₹5

Price Band

₹150–₹158

Lot Size

94 shares

Total Issue Size

₹254.26 Cr (1,60,92,195 equity shares)

Fresh Issue Size

₹165.17 Cr (1,04,53,575 equity shares)

Offer for Sale Size

₹89.09 Cr (56,38,620 equity shares)

Retail Portion

55,75,944 sharesShares offered, as recorded by the exchange

Issue Type

—Not observed

Listing At

—Not observed

Amounts in Cr are calculated at the upper price band. Equity-share counts are shown in parentheses. Missing values remain unreported.

Calculated at the upper price band. Retail bids are up to ₹2 lakh, small non-institutional bids above that up to ₹10 lakh, and big non-institutional bids above ₹10 lakh.

Shares

94

Application amount

₹14,852

1 lots × 94 shares × the top of ₹150–₹158. This calculates application size; it does not recommend applying.

The last reading in each 15-minute interval, including each day's final reading. Exchanges and categories stay separate. Lines stop across days, source changes and gaps over 20 minutes.

Last accepted reading for each IST day and category. Readings are not labelled final unless confirmed by the source.

Objects of the IPO

Verified objects of this IPO have not yet been recorded.

Read the objects in the original prospectus