Archive · 23 Jul 2025
Laxmi India Finance IPO Opens July 29; Price Set
Laxmi India Finance, a financial company, is selling shares to the public for the first time through an IPO.
The shares will cost between Rs 150 and Rs 158 each, and people can buy them from July 29 to July 31.
The company uses money from these sales to give out loans.
The company is based in Rajasthan and helps small businesses.
It has made more money this year, but some loans haven't been paid back on time.
Laxmi India Finance, an NBFC based in Rajasthan, is launching an IPO.
The IPO price band is set at Rs 150-158 per share.
The IPO will open on July 29 and close on July 31.
The company operates 158 branches across five states.
Proceeds will enhance the company's capital base.
- Who
- Laxmi India Finance, an NBFC, is offering the IPO.
- What
- Laxmi India Finance is launching an IPO to raise capital.
- When
- The IPO opens on July 29 and closes July 31, with the listing expected on August 5.
- Where
- The company operates in Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh, and Uttar Pradesh.
- Why
- The IPO aims to enhance the company’s capital base for future lending activities.
Company Performance
Financials
Financial Results
Company Performance
The company reported a rise in gross and net NPAs.
Financials
The company recorded a profit of Rs 35.9 crore and a 43.4% increase in net interest income in FY25.
- Company
- Laxmi India Finance
- Price Band
- Rs 150-158 per share
- IPO Open Date
- July 29
- IPO Close Date
- July 31
- Listing Date
- August 5
- Issue Size
- Rs 252 crore (approx.)
- Branches
- 158
- FY25 Profit
- Rs 35.9 crore