Archive · 31 Jul 2025
Laxmi India Finance IPO Opens with ₹150-158 Price Band
Laxmi India Finance, a lending company, is selling shares to the public through an IPO.
Shares are priced between ₹150 and ₹158 each.
The company will use the money to provide more loans.
They offer loans for small businesses, vehicles, and construction.
The IPO involves both new shares and shares sold by existing owners.
The company has grown, with its AUM reaching ₹1,277 crore, showing lending expansion.
Laxmi India Finance's IPO opened on July 29 with a price band of ₹150-158 per share.
The IPO includes a fresh issue and an offer for sale of shares.
The company is a non-deposit-taking NBFC that provides MSME, vehicle, and construction loans.
Funds raised will be used to enhance its capital base for future lending and general corporate purposes.
The company's AUM grew to ₹1,277 crore by March 2025.
- Who
- Laxmi India Finance, an NBFC.
- What
- Laxmi India Finance's IPO opened.
- When
- The IPO opened on July 29 and concludes on July 31.
- Where
- India.
- Why
- To raise capital to expand its lending operations.
- Company
- Laxmi India Finance
- IPO Price Band
- ₹150-158 per share
- IPO Size
- ₹254.26 crore
- AUM (March 2025)
- ₹1,277 crore
- Loan Types
- MSME, vehicle, construction
- Revenue (FY25)
- ₹246 crore
- Profit After Tax (FY25)
- ₹36 crore
