Laxmi India Finance (LIFC), established in 1996 and headquartered in Jaipur, Rajasthan, is a non-deposit-taking Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The company specializes in providing financial services to underserved and semi-urban populations across India. Its product portfolio includes MSME loans, vehicle financing, construction loans, and other tailored lending solutions. Operating through 139 branches across Rajasthan, Gujarat, Madhya Pradesh, and Chhattisgarh, LIFC focuses on financial inclusion by supporting small businesses and entrepreneurs. As of June 30, 2024, the company reported an Assets Under Management (AUM) of ₹1,035.53 crore, with MSME and vehicle loans comprising a significant portion of its portfolio.
IPO schedule
Issue open date
2025-07-29
Issue close date
2025-07-31
UPI mandate deadline
2025-07-31 (5 PM)
Allotment finalization
2025-08-01
Refund initiation
2025-08-04
Share credit
2025-08-04
Listing date
2025-08-05
Mandate end date
2025-08-18
Lock-in end date for anchor investors (50%)
2025-08-31
Lock-in end date for anchor investors (remaining)
2025-10-30
Financials
Financial Year Ended
March 2023
March 2024
March 2025
Total Assets
778.70
984.84
778.71
Revenue
130.66
175.01
130.67
Profit After Tax
15.97
22.46
15.97
*All figures are in ₹ Crores.
Issue size
Funds Raised in the IPO
Amount
Overall
₹254.26 crores
Fresh Issue
₹165.17 crores
Offer for sale
₹89.09 crores
Utilisation of proceeds
Purpose
INR crores
Augmentation of the capital base to meet the future capital requirements towards lending
177
Strengths
Extensive branch network across semi-urban and rural regions.
Diverse loan portfolio catering to MSMEs, vehicles, and construction sectors.
Focus on financial inclusion aligns with government initiatives.
A significant portion of loans qualify as Priority Sector Lending.
Experienced management team with a track record in financial services
Risks
High concentration of operations in specific geographic regions.
Exposure to credit risk from MSME and vehicle loan segments.
Potential impact of economic downturns on borrowers’ repayment capacity.
Regulatory changes affecting NBFC operations and compliance requirements.
Competition from other financial institutions and fintech companies.