laxmi india finance limited IPO
IPO Overview
Laxmi india finance limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹158 per share, and retail investors can apply with a minimum investment of ₹14.9K as per IPO guidelines.
The Laxmi india finance limited IPO opens on 29 Jul 2025 and closes on 31 Jul 2025. The IPO allotment is expected to be finalized on 1 Aug 2025, and the equity shares are proposed to be listed on BSE, NSE on 5 Aug 2025.
Investors can refer to the Laxmi india finance limited IPO RHP-DRHP for detailed information. The issue is managed by PL Capital Markets Private Limited as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company offers MSME loans, vehicle loans, construction loans, and other lending products, supporting small businesses and entrepreneurs, with over 80% of MSME loans qualifying as Priority Sector Lending.
Offerings:
MSME Finance: The company provides secured loans against residential or commercial property for MSMEs, with loan amounts ranging from ₹0.05 million to ₹2.5 million, an LTV ratio of 65%, and tenure up to 84 months.
Vehicle Finance:The company offers secured vehicle loans for personal and commercial use, including financing for commercial vehicles (up to ₹1.5 million), two-wheelers (up to ₹0.15 million), and tractors (up to ₹0.7 million).
Construction Loans: The company offers secured loans to retail customers against residential or commercial property for construction or renovation, with loan amounts up to ₹2.5 million, interest rates between 18%-28%, and a tenure of up to 84 months.
Key Facts as of March 31, 2025
Asset Under Management (AUM): Rs 12,770.18 million in 2025 with MSME and Vehicle loan accounted for 76.34% and 16.12% respectively.
Customer base: 35,568 customers including 18,596 active MSME customers and 12,423 active vehicle loan customers with 48.78% growth from 23,906 customers as on March 31, 2024. 37.10% of its customer base include first-time borrowers.
Branch network: 158 branches from 135 branches as of March 31, 2024. The company has branches across Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, with the highest number of branches in Rajasthan.
Accessed funds from 47 lenders – 8 public sector banks, 10 private banks, 7 small finance banks, and 22 NBFCs.
Competitive Strengths:
Focus on MSME financing
Access to diversified sources of capital and effective cost of funds
Comprehensive credit assessment, underwriting and risk management framework
Deeper regional penetration in semi-urban and rural areas supported by a mix of direct and indirect sourcing channels
Our Hub and Branch model streamlines operations, reduces costs, and increases customer accessibility, driving business growth and market expansion
Experienced management with good corporate governance practices.