Laxmi India Finance IPO Date, GMP & All You Need to Know
28 July 2025 · Sachin Gadekar
Get all the key details about Laxmi India Finance IPO including opening dates, GMP, issue size, allotment, and listing information.
Introduction
The Indian IPO market continues to attract retail and HNI investors with exciting new offerings. One such buzz-worthy opportunity is the Laxmi India Finance IPO. Backed by a strong presence in the financial services sector, Laxmi India Finance Private Limited is all set to raise capital through its upcoming Initial Public Offering.
In this article, we’ll explore the Laxmi India Finance IPO date, GMP (Grey Market Premium), price band, lot size, and how to apply. If you’re planning to participate in this IPO, read on to make an informed investment decision.
About Laxmi India Finance
Founded in 1996, Laxmi India Finance Private Limited (LIFPL) is a Jaipur-based NBFC that offers a wide range of financial products including vehicle loans, personal loans, MSME loans, and business loans. The company primarily caters to the rural and semi-urban population, focusing on financial inclusion.
With a robust branch network across Rajasthan and growing AUM (Assets Under Management), LIFPL has steadily built a strong foundation in the micro-lending space.
Laxmi India Finance IPO Date and Details
| IPO Detail | Information |
|---|---|
| IPO Opening Date | July 29, 2025 |
| IPO Closing Date | August 2, 2025 |
| Listing Exchange | NSE SME Platform |
| Issue Type | Fixed Price Issue IPO |
| IPO Price Band | ₹53 per share |
| Lot Size | 2,000 shares |
| Total Issue Size | ₹48.32 crores |
| Face Value | ₹10 per share |
| Registrar | Bigshare Services Pvt Ltd |
Laxmi India Finance IPO GMP (Grey Market Premium)
As of July 28, 2025, the Laxmi India Finance IPO GMP is reported to be in the range of ₹18 to ₹22, indicating strong demand in the grey market. The GMP trend reflects positive sentiment among investors, possibly hinting at listing gains.
Note: GMP is an unofficial indicator. Investors should not rely solely on GMP and should also analyze the fundamentals and business model.
Objectives of the IPO
Laxmi India Finance plans to utilize the IPO proceeds for the following purposes:
To augment its capital base to meet future business requirements.
To support loan disbursement operations.
General corporate purposes.
Financial Performance Snapshot
| Financial Year | Total Income (₹ Cr) | PAT (₹ Cr) |
|---|---|---|
| FY 2022-23 | ₹41.77 | ₹4.69 |
| FY 2021-22 | ₹35.32 | ₹3.26 |
| FY 2020-21 | ₹28.14 | ₹2.17 |
Should You Invest in Laxmi India Finance IPO?
Investing in an SME IPO like Laxmi India Finance comes with both potential rewards and risks. Here’s a quick breakdown of the pros and cons:
Pros:
Strong foothold in underserved markets.
Consistent financial performance.
Promoter experience in financial services.
Risks:
Exposure to credit risk in semi-urban and rural markets.
Dependence on borrowing for lending operations.
Limited visibility compared to large NBFCs.
This IPO may suit investors with a medium to high-risk appetite looking to diversify into the growing NBFC space.
How to Apply for Laxmi India Finance IPO?
You can apply for the IPO through any of the following methods:
Through your broker: Log in to your trading account and navigate to the IPO section.
Via UPI and ASBA: Apply directly through your bank’s net banking using the ASBA facility.
Registrar Portal: Bigshare Services’ official website may offer a link for IPO applications and checking allotment status.
Allotment and Listing
IPO Allotment Date: Expected around August 5, 2025.
Listing Date: Likely to be on or around August 7, 2025.
You can check the allotment status online on Bigshare Services’ website or via NSE SME allotment status checker.
FAQs on Laxmi India Finance IPO
1. What is the Laxmi India Finance IPO opening date?
The IPO opens on July 29, 2025, and will close on August 2, 2025.
2. What is the Laxmi India Finance IPO GMP today?
As of July 28, 2025, the GMP is in the range of ₹18–₹22 per share.
3. What is the lot size for the Laxmi India IPO?
The minimum lot size is 2,000 shares, and you must invest at least ₹1,06,000.
4. How can I check the IPO allotment status?
You can check the status on Bigshare Services or the NSE SME portal using your PAN or application number.
5. Is Laxmi India Finance a good company to invest in?
The company has strong growth metrics and operates in a promising sector. However, like all SME IPOs, you should assess your risk tolerance before investing.