Laxmi India Finance Ltd is set to launch its IPO from July 29 to July 31, 2025, with listing expected on August 5, 2025. This IPO offers investors an opportunity to invest in a growing Non-Banking Financial Company (NBFC) specializing in MSME and vehicle loans with a strong financial track record and promising growth prospects.

Company Overview:
Non-Banking Financial Company (NBFC)Providing MSME loans, vehicle loans, and other MSME financing solutions
Founded: 1996
Industry: Non-Banking Financial Company (NBFC)
Business Model: Providing MSME loans, vehicle loans, and other MSME financing solutions
Founders: Information not explicitly available
Revenue: ₹248 crore (FY 2025)
Customers: Information not available

IPO Details:
IPO Type: Mainline
Issue Size: ₹165.17 crore approx.
Offer for Sale (OFS): Approx. ₹89 crore (1.61 crore shares combined total)
Price Band: ₹150 to ₹158 per share
Lot Size: 94
GMP: Stable around ₹0 to ₹5 premium before IPO opening
Open Date: 29 July 2025
Close Date: 31 July 2025
Listing Date: 05 August 2025

IPO Objectives:
Expanding loan portfolio and business operations
Augmenting capital base to support future growth

Pre-IPO Placements:
Amount Raised: Information not specifically available
Major Investor: Information not explicitly available

Financial Highlights:
Year: FY 2024
Revenue: Data not explicitly provided separately
PAT: Data not explicitly provided
ROE: Around 14-15% estimated

Year: FY 2025
Revenue: ₹248 crore (41.7% YoY growth)
PAT: Data not explicitly provided
ROE: Approx. 15.66%

Peer Comparison:
MAS Financial Services | 18.5

Strengths:
Strong focus on secured loans with low NPAs (GNPA 1.07%, NNPA 0.48% FY 2025)
Proven track record of steady revenue growth with 41.7% YoY increase in FY 2025
Experienced management team with niche expertise in MSME lending
Robust interest margins around 9.3% and improving RoTA and RoNW margins

Risks:
Dependence on economic conditions affecting MSME sector credit demand
Competition from larger NBFC and banks
Regulatory changes impacting lending norms

Expert Verdict:
Laxmi India Finance Ltd presents a promising growth story in the MSME lending segment with a solid financial base and prudent management. Investors should consider the IPO for medium to long-term wealth creation while being mindful of sectoral and economic risks.

FAQs:
What is the price band for Laxmi India Finance Ltd IPO?
The price band is set between ₹150 to ₹158 per share.

What is the lot size for the IPO?
The IPO opens on July 29, 2025, and closes on July 31, 2025.

What are the key objectives of the IPO?
To expand the loan portfolio, augment capital base, and reduce borrowing costs.

When is the expected listing date?
The shares are expected to list on August 5, 2025.

How to Apply:
Investors can apply for Laxmi India Finance Ltd IPO through registered brokers or online trading platforms offering IPO subscription services starting from the open date, July 29, 2025, till the close date, July 31, 2025.