Laxmi India Finance IPO 2025 – GMP ₹18, Price Band, Dates, Review & FAQs
Laxmi India Finance Ltd, an NBFC headquartered in Jaipur, is coming up with its IPO from July 29 to July 31, 2025. With a price band of ₹150–₹158 and a current Grey Market Premium (GMP) of ₹18, the IPO shows promising interest, especially from SME investors. The company aims to raise ₹254.26 crore through this public issue.
📌 IPO Details
| IPO Open | July 29, 2025 |
|---|---|
| IPO Close | July 31, 2025 |
| Allotment Date | August 1, 2025 |
| Listing Date | August 5, 2025 |
| Price Band | ₹150 – ₹158 per share |
| Lot Size | 94 Shares |
| Minimum Investment | ₹14,100 |
| Total Issue Size | ₹254.26 Cr (Fresh ₹165.17 Cr + OFS ₹89.09 Cr) |
| Listing On | NSE SME |
| Lead Manager | PL Capital Markets Pvt Ltd |
| Registrar | Link Intime India Pvt Ltd |
📈 IPO Objectives
- To strengthen Tier-I capital for business growth
- To expand MSME and secured lending operations
- Investment in IT infrastructure and digital systems
- Partial repayment of existing borrowings
- General corporate purposes
🏢 Company Overview
Laxmi India Finance Private Ltd, incorporated in 1996, operates as a Non-Banking Financial Company (NBFC) primarily serving semi-urban and rural areas. The company focuses on secured loans against vehicles, MSMEs, and other property-based financing.
- 158 branches across 4 states
- Serving over 35,000 customers
- 98%+ secured loan book
- Robust digital infrastructure for loan disbursement
📊 Financial Performance
| Financial Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | GNPA (%) |
|---|---|---|---|
| FY 2023 | 129.53 | 15.97 | 1.47% |
| FY 2024 | 173.14 | 22.47 | 1.24% |
| FY 2025 (Est.) | 248.00 | 36.00 | 1.10% |
Capital Adequacy Ratio: 20.4% | Debt-to-Equity Ratio: 2.6x
📊 IPO Valuation Metrics
| Metric | Value |
|---|---|
| EPS (Annualized) | ₹13.26 |
| P/E Ratio | 11.9x |
| Book Value | ₹87.10 |
| P/BV Ratio | 1.81x |
🔥 GMP Trend
The latest GMP for Laxmi India Finance IPO is around ₹18. This suggests a possible listing gain of 11–12% based on the upper price band of ₹158. Keep in mind, GMP is unofficial and subject to change.
✅ Strengths
- Low GNPA ratio and secured loan model
- Focused presence in high-demand rural areas
- Healthy financial performance and consistent profitability
- Digitally enabled loan disbursal process
⚠️ Risks
- GMP is unofficial and speculative
- Heavy reliance on rural borrowers
- Regulatory compliance risk as an NBFC
- Rising competition from fintech NBFCs
💬 FAQs – Laxmi India Finance IPO
1. What is the GMP of Laxmi India Finance IPO?
It is currently around ₹18.
2. When does the IPO open and close?
It opens on July 29 and closes on July 31, 2025.
3. What is the price band?
₹150 to ₹158 per share.
4. How can I apply?
Through UPI-enabled apps like Groww, Zerodha, or Upstox.
5. When is the listing date?
Expected on August 5, 2025 on NSE SME.
6. Is this IPO suitable for retail investors?
Yes, especially those looking for exposure in the NBFC rural sector.
🔗 Useful Links
📢 Disclaimer
This blog post is for informational purposes only. Investing in IPOs involves market risks. Please consult your financial advisor and refer to the official RHP from SEBI before making any investment decisions.
