Home Market Insight Lakshmi India Finance IPO by 254-C.R. The issue of opening on July...

Lakshmi India Finance IPO by 254-C.R. The issue of opening on July 29

0
Lakshmi India Finance IPO by 254-C.R. The issue of opening on July 29

NBFC player LXMI India Finance Limited on Wednesday its next Rs. Has fixed the price band of Rs 150-158 per share for the initial public offering fur (IPO) of Rs 254 crore.

Early shares will open for public subscription on July 29 and concluded on July 31. The company announced.

Jaipur -based company IPO is a combination of new issues of 1.84 crore equity shares and offer fur for sale of .3 56..38 lakh shares. Overall, the IPO size price is pegged at Rs 254.26 crore at the upper end of the band.

The income from fresh issues will be used to advance its capital support and meet future capital requirements for general corporate purposes.

Lakshmi offers diverse production portfolio, including NBFC, NBFC, MSME (micro, small and medium enterprises) loans, vehicle loans, construction loans and other lending solutions to consumers.

Living events

      As of March 2025, the wealth of the company under Management (AUM) has increased from Rs 687 crore to Rs 1,277 crore by March 2023, representing CAGR (compound annual growth rate), which is mainly run by its loan and strong branch network.

      Its operational network is spread over 158 branches in rural, semi-fertilizer and urban areas in Rajasthan, Gujarat, Madhya Pradesh, Chhattisg Garh and Uttar Pradesh.

      The revenue of the NBFC player from the operation was Rs. The financial profit increased by 42 per cent for the financial 2025 compared to the 173 crore, and during that period, the tax profit increased by 60 per cent to 36 crore compared to Rs 22.5 crore.

      PL Capital markets are the lead manager running the only book on public issues.

      (Now you can subscribe to our Etmarkets WhatsApp channel)

      NO COMMENTS

      LEAVE A REPLY

      Please enter your comment!
      Please enter your name here

      Exit mobile version