Archive · 25 Jul 2025
Laxmi India Finance IPO to Open Next Week
Laxmi India Finance, a finance company, is selling shares to the public next week to raise money.
This is called an IPO.
The IPO will start on July 29th and end on July 31st.
They hope to collect about ₹254.26 crore, using the money to fund future lending.
The shares will be listed on stock exchanges.
Experts look at the grey market to guess how well the IPO will do, and right now, the shares are trading at a higher price than the initial offering price.
Laxmi India Finance Ltd will launch its IPO next week.
The IPO will open on July 29 and close on July 31.
The company aims to raise ₹254.26 crore.
The IPO comprises a fresh issue and an offer-for-sale component.
The grey market premium (GMP) is ₹18 per share.
- Who
- Laxmi India Finance Ltd.
- What
- Laxmi India Finance Ltd is launching an IPO.
- When
- The IPO opens on July 29 and closes July 31.
- Where
- The IPO will be listed on BSE and NSE.
- Why
- To raise capital for future lending.
- Company
- Laxmi India Finance Ltd
- IPO Open Date
- July 29
- IPO Close Date
- July 31
- Listing Exchanges
- BSE, NSE
- Aim to raise
- ₹254.26 crore
- GMP
- ₹18