Markets / IPO / Laxmi India Finance

Laxmi India Finance IPO

Updated 17:58

Mainboard IPO on NSE and BSE · Non Banking Financial Company (NBFC)

Status

Listed

Price band

₹150–158

Lot size

94 shares · ₹14,852

Subscribed

1.87×

How it listed

Issue price

₹158

Listing price (open)

₹137.52 -12.96%

First-day close

₹134.11 -15.12%

Price now

₹102.10 -35.38%

Listing day	5 Aug 2025
Open / high / low / close	₹137.52 / ₹146.68 / ₹132.98 / ₹134.11
Shares traded on NSE	64,60,461
Market value at the listing-day close	₹703 cr

Closing prices since listing: 26 Oct ₹95.24, 27 Oct ₹95.34, 28 Oct ₹96.18, 29 Oct ₹96.33, 30 Oct ₹90.83, 2 Nov ₹94.82, 3 Nov ₹104.41, 4 Nov ₹101.57, 5 Nov ₹102.82, 6 Nov ₹102.00.

Laxmi India Finance share price, live chart and technicals →

Key dates

Bidding opens	29 Jul 2025
Bidding closes	31 Jul 2025
Allotment	1 Aug 2025
Refunds and shares in demat	4 Aug 2025
Listing	5 Aug 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Institutions (QIB)	31,86,253	28.16%	–
HNI / NII	23,89,691	21.12%	–
HNI, above ₹10 lakh	15,93,128	14.08%	249
HNI, ₹2–10 lakh	7,96,563	7.04%	605
Retail	55,75,944	49.29%	59,318
Employees	1,60,928	1.42%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	94	₹14,852
Retail (maximum)	13	1,222	₹1,93,076
Small HNI (minimum)	14	1,316	₹2,07,928
Small HNI (maximum)	67	6,298	₹9,95,084
Big HNI (minimum)	68	6,392	₹10,09,936

At ₹158 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 2

Retail allotments available

59,318 × one lot

Retail portion subscribed

2.22×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	31,86,253	41,36,940	1.30×
HNI / NII	23,89,691	44,02,678	1.84×
HNI, above ₹10 lakh	15,93,128	28,94,354	1.82×
HNI, ₹2–10 lakh	7,96,563	15,08,324	1.89×
Retail	55,75,944	1,23,74,630	2.22×
Employees	1,60,928	2,52,296	1.57×
Total	1,13,12,816	2,11,66,544	1.87×

NSE and BSE bids together, as of 31 Jul 2025 19:00.

Demand at each price

Top price ₹158	107.23 lakh shares	50.6%
Cut-off final price, whatever it is; mostly retail	103.81 lakh shares	49.0%
Lower prices ₹150–157	1.02 lakh shares	0.5%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	28 Jul 2025
Lock-in ends for the first 50% (30 days)	30 Aug 2025
Lock-in ends for the remaining 50% (90 days)	29 Oct 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹828 cr	₹535 cr
P/E (last 12 months' profit)	14.6	9.5

Revenue, last 12 months	₹341 cr
Profit, last 12 months	₹57 cr
Return on equity	12.2%
Debt to equity	2.72

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Non Banking Financial Company (NBFC)

Company	Listed	Subscribed	On listing	Since IPO
Vaibhav Vyapaar SME	21 Oct	–	-2.04%	+29.44%
Aye Finance	16 Feb	0.97×	0.00%	+14.05%
HDB Financial Services	2 Jul	16.69×	+12.84%	-27.74%

IPO details

Price band	₹150–158
Final issue price	₹158
Lot size	94 shares
Minimum investment	₹14,852 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹5 per Equity Share
Industry	Non Banking Financial Company (NBFC)
Issue size	₹254.26 crore (about 1.61 crore shares) · Fresh issue + offer for sale: fresh ₹165.17 cr, offer for sale ₹89.09 cr
ISIN	INE06WU01026
Registrar	MUFG Intime India Private Limited Helpline: +91 81081 14949, laxmifinance.ipo@in.mpms.mufg.com
Lead managers	PL Capital Markets Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 1 Aug 2025. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Laxmi India Finance IPO price band and lot size?

The price band is ₹150–158 per share, and one lot is 94 shares (₹14,852 at the upper price).

When is the Laxmi India Finance IPO allotment date?

Allotment was finalised on 1 Aug 2025, the next working day after bidding closed on 31 Jul 2025.

How many times was the Laxmi India Finance IPO subscribed?

In total 1.87 times, on NSE and BSE together; retail 2.22 times.

What is the Laxmi India Finance IPO listing date?

It listed on 5 Aug 2025 on NSE and BSE.

What is the chance of getting Laxmi India Finance IPO shares?

At least 1 in 2 retail applicants got the minimum lot: 59,318 retail allotments with the retail portion subscribed 2.22 times. Winners are picked by lottery.

When does the Laxmi India Finance anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 30 Aug 2025 and the 90-day lock-in on the rest ends on 29 Oct 2025; they can sell from the next trading day.

What was the Laxmi India Finance listing gain?

It opened at ₹137.52 against an issue price of ₹158, a loss of 12.96%. It is now down 35.38% from the issue price.