Laxmi India Finance is all set to open its Initial Public Offering (IPO) on July 29, 2025. The stock is already creating buzz in the grey market, where the GMP (Grey Market Premium) has shown early strength, indicating healthy demand from investors.
Here’s a quick breakdown of the latest developments and financials you need to know:
Grey Market Premium (GMP) Update Today
- The latest GMP is reported at ₹13 to ₹18 per share.
- At the upper end of the ₹158 price band, this implies a listing price estimate of ₹171–₹176, signaling a 6–13% listing premium.
- Alternate sources like GetUltra Club indicate an even stronger GMP band of ₹18–₹22, showing higher investor enthusiasm.
Note: GMP is an unofficial indicator and can vary based on market sentiment.
IPO Dates and Key Details
- IPO Open Dates: July 29 to July 31, 2025
- Price Band: ₹150 – ₹158 per share
- Lot Size: 94 shares per lot (Retail minimum: ₹14,852 at upper band)
- Tentative Listing Date: August 5, 2025
- Anchor Investment Raised: ₹75.5 crore from institutional investors on July 28
Laxmi India Finance IPO – Issue Details
| Particulars | Details |
|---|---|
| Total Issue Size | ₹254.26 crore |
| Fresh Issue | ₹165.17 crore |
| Offer for Sale (OFS) | ₹89.09 crore |
| Business | NBFC focused on MSMEs, vehicle and construction loans |
| Region Focus | North & West India (Semi-urban & urban) |
The strong anchor book and improving GMP signal a good start for the IPO in terms of demand.
About the Company
Laxmi India Finance Ltd is a Jaipur-based Non-Banking Financial Company (NBFC). It primarily provides financing solutions to MSMEs, the auto sector, and small infrastructure projects. With deep regional roots and a focus on underserved segments, the company is positioning itself for scalable growth.
FAQs – Laxmi India Finance IPO
1. What is the current GMP of Laxmi India Finance IPO?
As of July 28, 2025, the GMP is reported in the range of ₹13 to ₹18, with some sources suggesting it could go as high as ₹22.
2. What is the expected listing price of the stock?
Based on the GMP trends, the stock could list around ₹171–₹176, though actual prices may vary.
3. Is Laxmi India Finance a good IPO to apply for?
Strong anchor investment, positive GMP, and a focus on growing MSME finance suggest potential. However, investors should also consider risks and read the company’s red herring prospectus before applying.
4. What is the IPO lot size and minimum investment?
One lot consists of 94 shares. At the upper price band of ₹158, the minimum investment for retail investors is ₹14,852.
5. When will the IPO be listed on stock exchanges?
The tentative listing date is August 5, 2025, subject to regulatory approval.
Final Thoughts
Laxmi India Finance’s IPO appears to be generating solid early momentum. The anchor book success and current GMP range point toward investor optimism, especially in a market where financial services are seeing renewed interest. Still, investors should evaluate fundamentals and risks before making any final decision.
