The preliminary public providing of non-banking monetary firm (NBFC)—Laxmi India Finance—can be opened for subscription on July 29 and shut on July 31. The corporate has fastened the worth band between Rs 150 and Rs 158 per share for its Rs 254-crore situation.
The difficulty contains a contemporary issuance of 1.84 crore fairness shares and a suggestion on the market (OFS) of 56.38 lakh shares by promoters.
The corporate plans to make use of the proceeds from the contemporary situation to reinforce its capital base for future lending and normal company functions.
Laxmi Finance’s monetary efficiency
In FY25, the corporate reported a 42 per cent improve in income from operations to Rs 246 crore, in comparison with Rs 173 crore in FY24.
Laxmi Finance internet revenue
The NBFC’s revenue after tax (PAT) rose 60 per cent to Rs 36 crore, up from Rs 22.5 crore a yr earlier.
Who’re BRLMs
PL Capital Markets is performing as the only book-running lead supervisor for the IPO, whereas MUFG Intime India is appointed as registrar.
What does Laxmi Finance do?
Laxmi India Finance, a non-deposit-taking NBFC, affords a various mortgage portfolio together with MSME loans, car financing, building loans, and different lending merchandise.
As of March 2025, its property below administration (AUM) surged to Rs 1,277 crore, up from Rs 687 crore in March 2023 — marking a 36 per cent compound annual development price (CAGR).
The NBFC at the moment operates 158 branches throughout Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh, and Uttar Pradesh, spanning rural, semi-urban, and concrete markets.
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