🏦 Laxmi India Finance IPO: GMP, Financials & Investor Insights
📅 IPO Overview
- IPO Dates: July 29–31, 2025
- Price Band: ₹150–158/share
- Lot Size: 94 shares (~₹14,852 at upper band)
- Total Issue: ₹254.26 Cr (Fresh: ₹165.17 Cr, OFS: ₹89.09 Cr)
- Expected Listing: August 5, 2025 (NSE & BSE)
🏢 Company Snapshot
Founded: 1996, Jaipur-based NBFC focused on MSME, vehicle, and construction equipment financing. Serves Rajasthan, Gujarat, MP & Chhattisgarh with 158 branches and 35,000+ customers.
📊 Financial Highlights (FY25)
| Metric | Value |
|---|---|
| Revenue | ₹248.04 Cr |
| PAT | ₹36.01 Cr |
| AUM | ₹1,277 Cr |
| CAR | 20.8% |
| GNPA / NNPA | 1.07% / 0.48% |
YoY Growth: Revenue +42%, PAT +60%
📉 Subscription Status
- Day 1: Total 0.37x; Retail 0.61x
- Day 2: Total ~0.50x
- Final: Total ~1.85x; Retail 2.22x; NII 1.84x; QIB 1.30x
📊 GMP & Listing View
- GMP Day 1: ₹9 (~5.7% gain)
- GMP Day 2: ₹8.25
- Final GMP: ₹1 (minimal listing gain)
- Expected Listing Price: ₹159–162
✅ SWOT Analysis
Strengths:
- MSME-focused AUM (~76%)
- Healthy CAR and low NPA levels
- 158-branch footprint and strong regional customer base
Weaknesses:
- Geographical concentration risk
- Low average loan ticket size
- Heavy exposure to tender-based asset loans
Opportunities:
- Expanding underserved MSME markets
- Scope for new-state expansion and digital channels
Threats:
- Policy or regulatory shocks
- Higher borrowing costs may squeeze NIMs
- Regional competition
📈 Broker Recommendations
- Canara Securities: Cautious subscribe (P/B ~2.5x, limited geography)
- Marwadi, SMIFS, Bajaj: Subscribe for long-term
⚠️ Disclaimer
This article is for educational use only. GMPRadar does not offer investment advice. Consult your financial advisor before investing in IPOs.
📣 Final Take
Laxmi India Finance's IPO offers moderate upside, decent growth metrics, and strong MSME exposure. Final GMP was weak but fundamentals support long-term interest. Good for cautious investors looking for NBFC plays in India's lending space.
Follow GMPRadar.com for more IPO reviews, GMP updates, and financial insights daily.
⚠ Disclaimer: Not Financial Advice
The information provided on GMP Radar is for educational and informational purposes only. We are not SEBI-registered financial advisors. IPO GMP (Grey Market Premium) is a volatile and unregulated market indicator. Investors should conduct their own research and consult a certified financial advisor before making any investment decisions based on the content of this blog.
0 Comments