What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Laxmi India Finance Limited IPO?

Laxmi India Finance Limited IPO has received a total subscription of 1.87 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Laxmi India Finance Limited

ListedMainboard

Financial 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.87x

Total Demand

QIB Multiplier

1.30x

Institutions & Funds

NII / HNI

1.84x

High Net-Worth

Retail (RII)

2.22x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.87x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	3,186,253	4,136,940	1.30x
NIB	2,389,690	4,402,678	1.84x
HNIs(10L +)	1,593,127	2,894,354	1.82x
HNIs (2-10L)	796,563	1,508,324	1.89x
RETAIL	5,575,943	12,374,630	2.22x
EMPLOYEES	160,928	252,296	1.57x
Total	13,702,504	25,569,222	1.87x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.91x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	59,319	114,148	1.92x
HNIs(10L +)	1,211	394	0.33x
HNIs (2-10L)	605	1,016	1.68x
EMPLOYEES	—	1,275	0.00x
Total Applications	61,135	116,833	1.91x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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?

Currently, Laxmi India Finance Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹150 to ₹158 per equity share.

What is the expected profit per lot for Laxmi India Finance Limited IPO?

The retail lot size is 94 shares requiring a minimum application amount of ₹14,852. Expected listing price is ₹158 per equity share.

What is the issue size and price band for Laxmi India Finance Limited IPO?

The Laxmi India Finance Limited IPO aggregate issue size is ₹254.26 Crores with an equity price band set at ₹150 to ₹158 per equity share. The retail lot size is 94 shares requiring a minimum capital outlay of approx. ₹14,852.

How can I check Laxmi India Finance Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.87x (Retail: 2.22x, QIB: 1.30x, NII: 1.84x). You can track live multiples directly on our dedicated subscription page.

Where and when will Laxmi India Finance Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-08-01. Investors can verify status using PAN card or application number.

When is the listing date for Laxmi India Finance Limited IPO?

Laxmi India Finance Limited shares are scheduled to list on NSE and BSE on 2025-08-05.