Laxmi India Finance Limited IPO
Laxmi India Finance Limited was a mainboard IPO in the Non Banking Financial Company (NBFC) sector, offered at ₹150–₹158 per share to raise ₹254 crore. The issue was subscribed 1.87× overall (QIBs 1.3×, NIIs 1.84×, retail 2.22×). It listed on 5 Aug 2025 at ₹138 and closed its first day at ₹134, a listing loss of -15.1% versus the ₹158 issue price. It now trades around ₹91 (-42.5% versus the issue price).
Frequently asked questions
- How many times was the Laxmi India Finance Limited IPO subscribed?
- The Laxmi India Finance Limited IPO was subscribed 1.87× overall — 1.3× in the QIB category, 1.84× among non-institutional investors, 2.22× in retail.
- What were the Laxmi India Finance Limited IPO listing gains?
- Laxmi India Finance Limited listed on 5 Aug 2025 at ₹138, closing its first day at ₹134 — a listing loss of -15.1% versus the ₹158 issue price.
- What were the retail allotment odds for the Laxmi India Finance Limited IPO?
- Retail was subscribed 2.22×, so a single-lot application had roughly a 45% chance of allotment (about 1 in 2), and allotment was finalised on 1 Aug 2025.
- What was the price band and lot size of the Laxmi India Finance Limited IPO?
- The price band was ₹150–₹158 per share, with a minimum lot of 94 shares (₹14,852 at the upper band).
- Who were the registrar and lead manager for the Laxmi India Finance Limited IPO?
- MUFG Intime India Private Limited was the registrar, and PL Capital Markets was the book-running lead manager.