Check out Laxmi India Finance IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Laxmi India Finance IPO GMP is not started in grey market, lets wait for the IPO announcement. Stay tuned for the latest IPO GMP numbers of Laxmi India Finance IPO.
Laxmi India Finance IPO is to open on July 29, 2025. It is a Mainboard IPO that will raise ₹254.26 crores. The Laxmi India Finance IPO price band is fixed at ₹150 to ₹158 with a market lot of 94 Shares.Laxmi India Finance Limited, founded in 1996, is one of the leading companies involved in the business of Non-Banking Financial Company.
The company is engaged in offering MSME loans, vehicle loans, construction loans, and other lending products to small businesses and entrepreneurs. The company consists of 26,065 customers, including 15,732 active MSME and 6,146 active vehicle loan customers as of June 30, 2024. Laxmi India gets funds from 43 lenders, including banks and financial institutions, using term loans, NCDs, and working capital loans. As of September 30, 2024, the company includes a team of 255 people who use a special app to track repayments, loan defaults, and overdue payments in real-time. The company has 139 branches in Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh as of September 30, 2024.