Laxmi India Finance IPO: From key dates to financials, here are 10 key things to know from the RHP
The Laxmi India Finance IPO will be open for subscriptions on July 29, 2025, and close on July 31, 2025. The allotment for the Laxmi India Finance IPO is expected to be completed on Friday, August 1, 2025.
Laxmi India Finance IPO is a book-building issue of ₹ 254.26 crores. The offering consists of a fresh issue of 1.05 crore shares totaling ₹ 165.17 crores and an offer to sell 0.56 crore shares totaling ₹ 89.09 crores.
Laxmi India Finance IPO price band has been set at ₹ 150 to ₹ ₹ 158 per share
The lot size for an application is 94. The minimum investment for retail, considering the lot size and the price band of the IPO, is ₹ 14,100 (94 shares). The lot size investment for small NII is 14 lots (1,316 shares) worth ₹ 2,07,928, while for big NII it is 68 lots (6,392 shares) for ₹ 10,09,936.
Laxmi India Finance shares will be listed on the BSE and NSE, with a tentative listing date of Tuesday, August 5, 2025.
PL Capital Markets Private Limited is the book-running lead manager for the Laxmi India Finance IPO, and MUFG Intime India Private Limited (Link Intime) is the registrar.
Laxmi India Finance Limited, founded in 1996, is a non-banking financial company.
The company provides MSME loans, auto loans, construction loans, and other lending products to help small businesses and entrepreneurs, with more than 80% of MSME loans classified as Priority Sector Lending.
Laxmi India Finance Ltd.'s revenue increased by 42%, and profit after tax (PAT) increased by 60% between the fiscal years ending March 31, 2025, and March 31, 2024.
Laxmi India Finance plans to use the proceeds of the IPO to increase the capital base to meet future capital requirements for onward lending.
As per Laxmi India Finance, it requires substantial capital for its business, and any disruption in our sources of funding or our inability to secure funding on favourable terms could adversely affect its liquidity, business, cash flows, results of operations, and financial condition.
Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
a minute ago
- Mint
Small-cap defence stock bags ₹45 crore order from Navratna PSU Bharat Electronics. Check details
Multibagger small-cap stock Paras Defence and Space Technologies hogged the limelight in trade on Thursday, August 21, following the announcement of an order win from Navratna public sector undertaking (PSU) Bharat Electronics (BEL). Paras Defence shares traded in a narrow range today, with its day's high of ₹ 692.95 and low of ₹ 672.35. The small-cap defence stock finally settled the day down just 0.04% at ₹ 680.55 on the BSE. The defence stock, in an exchange filing today, informed that it has received an order from BEL worth approximately ₹ 45.32 crore (including tax). The order pertains to the supply of signal and data processing systems and multi-sensor fusion systems. The above deliverables will be a part of Air Defence Applications. The order received by Paras Defence from Navratna PSU BEL has to be completed within 29 months or earlier. As of the financial year 2024-25 (FY25), Paras Defence's order book stood at ₹ 928 crore. Meanwhile, earlier this month, the company announced a teaming agreement with Germany-based High Performance Space Structure Systems GmbH (HPS GmbH). Under this agreement, Paras and HPS GmbH will collaborate exclusively in the Indian region to co-develop and supply advanced Unfurlable/Deployable Antenna Reflector Subsystems for space applications, the company said in a press release. Meanwhile, Paras Defence share price has risen 35% year-to-date (YTD) amid a strong traction for defence stocks following the India-Pakistan conflict. Additionally, it has risen 10.50% in the last one year. It has emerged as a multibagger stock on a longer time frame, delivering 101.75% and 112% returns over two years and three years, respectively. Paras Defence and Space Technologies is a premier Indian defence engineering company, delivering a comprehensive suite of indigenously designed, developed, and manufactured (IDDM) products and solutions for the defence and space sectors. The company's operations span two core verticals: Optics & Optronic Systems and Defence Engineering. Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Business Standard
19 minutes ago
- Business Standard
Mankind Pharma Ltd soars 2.96%, Gains for third straight session
Mankind Pharma Ltd is quoting at Rs 2580.7, up 2.96% on the day as on 12:49 IST on the NSE. The stock is up 11.26% in last one year as compared to a 1.27% gain in NIFTY and a 1.65% gain in the Nifty Pharma index. Mankind Pharma Ltd is up for a third straight session in a row. The stock is quoting at Rs 2580.7, up 2.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 25125.75. The Sensex is at 82155.87, up 0.36%. Mankind Pharma Ltd has dropped around 3.36% in last one month. Meanwhile, Nifty Pharma index of which Mankind Pharma Ltd is a constituent, has dropped around 0.59% in last one month and is currently quoting at 21969.5, up 0.94% on the day. The volume in the stock stood at 8.44 lakh shares today, compared to the daily average of 5.46 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 2586.9, up 2.94% on the day. Mankind Pharma Ltd is up 11.26% in last one year as compared to a 1.27% gain in NIFTY and a 1.65% gain in the Nifty Pharma index. The PE of the stock is 57.14 based on TTM earnings ending June 25.
Business Standard
20 minutes ago
- Business Standard
India Cements zooms after promoter launches OFS for 2.01 crore shares
India Cements surged 7.86% to Rs 399.10 after its promoter, UltraTech Cement, announced an offer for sale (OFS) to divest up to 6.49% stake in the company. UltraTech Cement, the promoter of India Cements, will sell up to 2.01 crore equity shares representing 6.49% of the companys equity through an Offer for Sale (OFS) on stock exchanges. UltraTech Cement held 25.25 crore shares or 81.49% stake in India Cements as on 30 June 2025. The share sale will be conducted in line with SEBIs OFS guidelines on BSE and NSE through the separate OFS window. For non-retail investors, the offer opens on August 21, 2025 (T day), while retail investors can participate on August 22, 2025 (T+1 day). Non-retail investors will have the option to carry forward their unallotted bids to the second day for potential allocation from the retail portion. The floor price has been fixed at Rs 368 per share, marking an 0.54% discount to Tuesdays closing price of Rs 370 on the BSE. By 01:50 p.m. on T-1 Day, the OFS received subscriptions for 12.29% of the base non-retail offer size (1.81 crore shares). A total of 22,24,293 bids for the shares on sale were received. India Cements business is the manufacturing and sale of cement and cement-related products. The company reported a consolidated net loss of Rs 132.90 crore in Q1 FY26 as against a net profit of Rs 58.47 crore posted in Q1 FY25. However, revenue from operations rose marginally by 0.2% year-on-year (YoY) to Rs 1,024.74 crore in Q1 FY26.
