Laxmi India Finance IPO Subscribed 1.86x on Final Day, Retail Leads at 2.20x

Laxmi India Finance's initial public offering (IPO) has demonstrated steady investor interest through its third and final day of subscription, with Laxmi India Finance's stock price set at ₹150-158 per share reflecting measured market reception. The ₹254.26 crore IPO reached 1.86 times by 5:04:33 PM on day three, indicating encouraging investor interest in this non-banking financial company incorporated in 1996.

Laxmi India Finance IPO retail investors segment leads with solid 2.20 times subscription, whilst small non-institutional investors demonstrate reasonable participation at 1.87 times and non-institutional investors show modest interest at 1.83 times, whilst qualified institutional buyers and employees show reasonable participation at 1.30 times and 1.54 times respectively, reflecting steady investor confidence in this company.

Laxmi India Finance IPO subscription reached an encouraging 1.86 times on day three, led by Retail Investors (2.20x), sNII (1.87x), and NII (1.83x). Total applications reached 1,15,061.

Subscription Status of Laxmi India Finance IPO:

Here are the subscription details for Laxmi India Finance IPO as of Day 3 (July 31, 2025, 5:04:33 PM):

Key Highlights - Day 3:

• Overall subscription reached encouraging 1.86 times, a steady improvement from day two's 0.89 times.
• Retail investors demonstrated solid performance at 2.20 times, building positively from day two's 1.29 times.
• sNII category displaying reasonable interest at 1.87 times, building from day two's 0.80 times.
• NII segment showing modest growth at 1.83 times, substantially building from day two's 0.52 times.
• bNII category demonstrating reasonable participation at 1.82 times, building from day two's 0.38 times.
• Total applications reached 1,15,061, indicating moderate investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹332.08 crores against the issue size of ₹254.26 crores.

Laxmi India Finance IPO - Day 2 Subscription at 0.89 Times

Key Highlights - Day 2:

• Overall subscription reaching modest 0.89 times, showing gradual improvement from day one's 0.37 times.
• Retail investors demonstrating encouraging growth at 1.29 times, building positively from day one's 0.61 times.
• Employee segment showing reasonable improvement at 1.02 times, building from day one's 0.41 times.
• sNII category displaying modest interest at 0.80 times, building from day one's 0.38 times.
• NII segment showing limited growth at 0.52 times, building from day one's 0.19 times.
• QIB segment showing gradual improvement at 0.45 times, building from day one's 0.10 times.
• bNII category showing modest participation at 0.38 times, building from day one's 0.10 times.
• Total applications reached 67,470, indicating moderate investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹158.29 crores against the issue size of ₹254.26 crores.

Laxmi India Finance IPO - Day 1 Subscription at 0.37 Times

Key Highlights - Day 1:

• Overall subscription opening cautiously at 0.37 times, showing measured initial investor interest.
• Retail investors demonstrating modest confidence at 0.61 times, showing tentative retail sentiment.
• Employee segment displaying reasonable participation at 0.41 times, showing moderate internal confidence.
• sNII category showing limited interest at 0.38 times, indicating cautious smaller HNI approach.
• NII segment displaying modest participation at 0.19 times, indicating reserved high-net-worth appetite.

About Laxmi India Finance Limited

Incorporated in 1996, Laxmi India Finance Limited is engaged in the business of Non Banking Financial Company, 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.