Laxmi India Finance IPO Set to Ignite ₹252 Cr Market Debut — MSME Dreams Go Public

Image Source : KNN India

1. IPO Structure and Timeline

Rajasthanbased NBFC Laxmi India Finance Ltd will open its IPO for public subscription on July 29, with a price band of ₹150–158 per share.

The issue comprises 1.6 crore equity shares
Includes a fresh issue of 1.04 crore shares and an offerforsale of 56.38 lakh shares
Anchor book opens July 28; IPO closes July 31
Allotment finalization on August 1, listing scheduled for August 5

2. Use of Proceeds and Promoter Exit

3. Business Snapshot and Financials

4. Asset Quality and Peer Landscape

Gross NPA increased to 1.07 percent from 0.73 percent
Net NPA rose to 0.48 percent from 0.33 percent
Competes with MAS Financial, SBFC Finance, Five Star Business Finance, and others

Sources: Moneycontrol, LiveMint, Chittorgarh, IPOWatch, ChanakyaNipothi, Economic Times, PL Capital Markets

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