The much-anticipated IPO of Laxmi India Finance Ltd has closed with decent investor interest and allotment finalization is now LIVE. Investors can now check if they’ve secured shares ahead of the expected listing on August 5, 2025. Let’s break down everything you need to know about this IPO – from price band and subscription status to how to check your allotment result.

💰 IPO Overview: Strong Demand for Mid-Cap NBFC Player

• Company: Laxmi India Finance Ltd

• Issue Size: ₹254.26 Crores

• Price Band: ₹150 – ₹158 per share

• Lot Size: 94 shares (min investment ₹14,852 at upper band)

• Issue Type: Fresh Issue + Offer for Sale (OFS)

• Registrar: Link Intime India Pvt Ltd

• Listing Exchanges: NSE and BSE

IPO Allotment Status Online
     1. Kaytex Fabrics: Click Here

     2. Laxmi India Finance: Click Here

     3. Aditya Infotech: Click Here

🗓️ Important Dates: Allotment to Listing

📊 Subscription Status: Strong Retail Demand

• Retail Investors: 2.22x

• Non-Institutional Investors (NII): 1.84x

• Qualified Institutional Buyers (QIBs): 1.30x

• Overall Subscription: 1.87x

The IPO attracted significant interest from retail investors, while institutional participation was moderate. GMP has cooled off in the last few days, suggesting a marginal premium on listing.

📈 Grey Market Update: Cautious Optimism

• Latest GMP: ₹1 (as of August 1, 16:55)

• Estimated Listing Price: ₹159 (≈0.6% over issue price)

• Trend: GMP has fallen from a peak of ₹9, indicating moderate listing gains likely.

🧾 Company Profile: Lending to Bharat’s Backbone

Founded in 1996 and headquartered in Jaipur, Laxmi India Finance Ltd is a registered NBFC (Non-Banking Financial Company) focused on:

• MSME Loans (76% of AUM)

• Vehicle & Construction Equipment Financing

• Present in 5 states with 158 branches

• FY25 AUM: ₹1,277 Cr | Net Profit: ₹36 Cr

• Gross NPA: 1.07% | Net NPA: 0.48%

With a customer base concentrated in underserved semi-urban and rural geographies, the company is steadily building its NBFC footprint with 36% AUM CAGR growth in the last 2 years.

📉 Valuation & Market Outlook

• P/E (FY25): ~22.9x

• P/B: ~2.57x

• RoNW: ~14.8%

• Credit Rating: A- (Positive) by CARE Ratings

• Valuation Compared to Peers: Slightly higher, but justified by growth metrics

💬 Brokerage Verdict:

• Canara Bank Securities & Bajaj Broking suggest “Subscribe for long-term”, but with caution due to rich valuation.

🧠 Retail Insight: What Should You Do?

✅ Applied? Check allotment now.
📦 Allotted? Expect demat credit by August 4 and potential modest gains on listing.
🚫 Not Allotted? Refunds will reflect soon.
📊 New Investors? Wait for post-listing stability before entry.

📢 “Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
— Benjamin Graham

📉 Stock Market Disclaimer

Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.