August 5, 2025
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Laxmi India Finance IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
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Table of Contents
Final Subscription Tally
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| 1.30 | 1.82 | 1.87 | 1.83 | 2.20 | 1.86 |
| Applications: 115,061 | |||||
| Subscription Review: Weak subscription trend observed on the last day |
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Who are the promoters of Laxmi India Finance IPO?
Deepak Baid, Prem Devi Baid, Aneesha Baid, Hirak vinimay Private Limited, Deepak Hitech Motors Private Limited, Prem dealers Private Limited and Vivan Baid Family Trust are the promoters of the company.
What are the Objects of Laxmi India Finance IPO?
Augmentation of the capital base to meet the future capital requirements towards onward lending Rs. 177 Cr.
What is the business of Laxmi India Finance?
Laxmi India Finance – Focused Lending for Bharat’s Growth
Incorporated in 1996, Laxmi India Finance Limited is a registered Non-Banking Financial Company (NBFC), primarily engaged in lending to the underserved and semi-urban markets of India. The company offers a range of secured lending products aimed at empowering MSMEs, vehicle owners, and individuals seeking construction finance.
Over 80% of its MSME portfolio qualifies under Priority Sector Lending (PSL), reflecting its focus on financial inclusion and grassroots entrepreneurship.
