Laxmi India Finance Limited
ListedMainboardFinancial Services · NSE / BSE
Established in 1996, the company is a Non-Banking Financial Company (NBFC) specializing in secured lending across MSME, vehicle, and construction loan segments. It primarily operates in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, with a network of 139 branches as of September 2024. The company has experienced strong growth, with a customer base of 26,065—reflecting a 78.9% increase since March 2022—and a workforce of 1,252 employees. As of June/September 2024, its loan portfolio is led by MSME loans serving 15,732 active customers, followed by vehicle loans with 6,146 active customers. The company is backed by 43 funding partners, including banks and financial institutions, through term loans and NCDs. Its collection process is supported by a tech-enabled team of 255 members who use real-time tracking for efficient loan recovery.
Price Band
₹150 – ₹158
Issue Size
₹254 Cr
Lot Size
94 shares
GMP
—
Est. Listing
₹158
at current GMP
Subscribed
1.87x
overall
Open
29 Jul 2025
Close
31 Jul 2025
Allotment
1 Aug 2025
Refund
2 Aug 2025
Demat Credit
3 Aug 2025
Listing
5 Aug 2025
Last updated 12 days ago
Live Grey Market Premium
Laxmi India Finance Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹158
Band: ₹150 – ₹158
Estimated Listing Price
₹158
Upper price + GMP
Lot Size
94 shares
Min investment ₹14,852
Estimated Profit / Lot
₹0
94 × ₹0
Laxmi India Finance Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹158 |
| 30 Oct 2026 | — | 0.0% | ₹158 |
| 29 Oct 2026 | — | 0.0% | ₹158 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Laxmi India Finance Limited Public Issue & Market Profile
Laxmi India Finance Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹254.26 Crores. The shares are offered at a price band of ₹150 to ₹158 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 94 shares (approx. ₹14,852 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-03, while un-allotted funds or UPI block mandates will be released on 2025-08-02.
Frequently Asked Questions
What is Laxmi India Finance Limited IPO GMP today?
The latest grey market premium for Laxmi India Finance Limited IPO is ₹0, which indicates an expected listing price of ₹158.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.