Laxmi India Finance IPO Allotment Status

Laxmi India Finance Limited is engaged in the business of Non Banking Financial Company, incorporated in 1996 and offering 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. The company provides secured loans against residential or commercial property for MSMEs with loan amounts ranging from ₹0.05 million to ₹2.5 million, vehicle loans for personal and commercial use, and construction loans to retail customers with comprehensive offerings across different lending categories.

The company operates 158 branches across Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh serving 35,568 customers as of March 31, 2025, including 18,596 active MSME customers and 12,423 active vehicle loan customers with Asset Under Management (AUM) of ₹12,770.18 million.

The Laxmi India Finance IPO came with a total issue size of ₹254.26 crore, comprising a fresh issue of 1.05 crore shares aggregating to ₹165.17 crore and offer for sale of 0.56 crore shares aggregating to ₹89.09 crore. The IPO opened on July 29, 2025, and closed on July 31, 2025. The allotment for the Laxmi India Finance IPO is expected to be finalized on Friday, August 1, 2025. The Laxmi India Finance share price band was set at ₹150 to ₹158 per share.

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Steps to Check Laxmi India IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Private Limited (Link Intime) website
• Select " Laxmi India" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Laxmi India IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Laxmi India" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Laxmi India IPO Subscription Status

Laxmi India Finance IPO received weak investor interest, being subscribed 1.86 times overall. The subscription showed lukewarm confidence across categories in the Laxmi India Finance stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:33 PM on July 31, 2025:

• Retail Category: 2.20 times
• Non-Institutional Investors (NII): 1.83 times
• QIB Category: 1.30 times
• bNII (bids above ₹10L): 1.82 times
• sNII (bids below ₹10L): 1.87 times
• Employee Category: 1.54 times

Laxmi India Finance Share Price and Investment Details

The Laxmi India Finance stock price band was set at ₹150 to ₹158 per share with a minimum lot size of 94 shares. The minimum investment required for retail investors was ₹14,852 for 1 lot (94 shares), while sNII investors needed to invest a minimum of ₹2,07,928 for 14 lots (1,316 shares) and bNII investors needed ₹10,09,936 for 68 lots (6,392 shares).

The issue included a reservation of up to 1,60,928 shares for employees and up to 47,79,379 shares allocated to anchor investors raising ₹75.51 crore. Given the weak subscription response of 1.86 times overall, with retail category being modestly oversubscribed at 2.20 times, NII showing moderate response at 1.83 times, while QIB remained undersubscribed at 1.30 times and employee category at 1.54 times, the Laxmi India Finance share price is expected to list with minimal premium or potentially at discount.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Augmentation of the capital base to meet the future capital requirements towards onward lending: ₹143.00 crore

Business Overview

The company operates in Non Banking Financial Company sector having been in this business since 1996, serving as provider of financial services to under-served customers and MSMEs with comprehensive lending portfolio across different product categories. Laxmi India Finance operates primarily in the NBFC industry, providing MSME finance through secured loans against residential or commercial property with loan amounts ranging from ₹0.05 million to ₹2.5 million, vehicle finance for personal and commercial use including commercial vehicles, two-wheelers, and tractors, and construction loans to retail customers for construction or renovation through Hub and Branch model streamlining operations across 158 branches in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, focusing on deeper regional penetration in semi-urban and rural areas supported by mix of direct and indirect sourcing channels with strategic positioning having accessed funds from 47 lenders including 8 public sector banks, 10 private banks, 7 small finance banks, and 22 NBFCs, and experienced management with comprehensive credit assessment, underwriting and risk management framework serving 35,568 customers with 37.10% first-time borrowers and strong presence in Rajasthan with highest number of branches.