The allotment status of the much-awaited Lakshmi India Finance IPO has been finalised. Investors who had applied for the IPO can now check whether they have received share allotment or not. The IPO, which opened on July 29, 2025 and will close on July 31, 2025, received a good response from all investor categories.
Here’s a complete guide on how to check the allotment, important dates, and expected listing outcome.
Laxmi India Finance IPO Overview
Laxmi India Finance Private Limited (LIFPL) is a non-banking financial company (NBFC) that provides secured and unsecured loans. The company primarily serves rural and semi-urban customers through vehicle loans, small and medium enterprise loans and personal loans. The IPO aimed to raise ₹254.26 crore, comprising a fresh issue of ₹165.17 crore and an offer for sale (OFS) of 56.38 lakh equity shares.
Key IPO Details
- IPO Open Date: July 29, 2025
- IPO Close Date: July 31, 2025
- Price Band: ₹150 to ₹158 per share
- Lot Size: 94 shares
- Minimum Investment (Retail): ₹14,852
- Issue Size: ₹254.26 crore
- Registrar: KFin Technologies Ltd
- Exchange Listing: BSE and NSE
IPO Subscription Status
The IPO was subscribed a total of 1.87 times, with the highest demand from retail investors.
- Retail Individual Investors (RII): 2.22 times
- Non-Institutional Investors (NII): 1.84 times
- Qualified Institutional Buyers (QIB): 1.30 times
This response reflects moderate interest in the issue, supported by the company’s regional lending focus and growth track record.
Allotment and Listing Dates
The basis of allotment was decided on August 1, 2025. If you are allotted shares, they will be credited to your demat account by August 4, 2025. Refunds for non-allocated applications will be processed by the same date. The stock is scheduled to be listed on both NSE and BSE on August 5, 2025.
Grey Market Premium (GMP)
As per the latest update, the GMP was between ₹1 and ₹2, indicating a potential listing price of around ₹159 to ₹160 per share. This suggests that the stock may debut with a marginal premium over the issue price. Despite being fully subscribed, the weak GMP reflects a sense of caution among grey market traders.
How to Check Laxmi India Finance IPO Allotment Status
Investors can check their IPO allotment using any of the following methods:
1. Through MUFG Intime (Registrar’s Website)
- Visit the registrar’s IPO allotment page:
https://in.mpms.mufg.com/Initial_Offer/public-issues.html - Select ‘Laxmi India Finance Limited’ from the company dropdown list.
- Choose any one search method:
- PAN Number
- Application Number
- DP/Client ID
- Bank Account Number with IFSC
- Enter the required details and captcha code.
- Click on ‘Search’ to view your allotment status.
2. Through BSE Website
- Visit the official BSE allotment status page:
https://www.bseindia.com/investors/appli_check.aspx - Select ‘Equity’ as the issue type.
- Choose ‘Laxmi India Finance Ltd’ from the issue name dropdown.
- Enter your Application Number and PAN.
- Solve the captcha verification.
- Click on ‘Search’ to check your allotment result.
3. Through NSE Website
- Visit the NSE IPO status page:
https://www.nseindia.com - Go to the “IPO Bid Details” section.
- Choose ‘Laxmi India Finance Limited’ as the issue name.
- Enter your PAN and Application Number.
- Click on ‘Submit’ to view the allotment status.
4. Check via Demat or Bank Account
- If you have been allotted shares, they will be visible in your Demat account by August 4, 2025.
- If not allotted, the application amount will be unblocked or refunded to your bank account automatically.
IPO Timetable
| Event | Date |
|---|---|
| IPO Opens | July 29, 2025 |
| IPO Closes | July 31, 2025 |
| Allotment Finalization | August 1, 2025 |
| Refunds Initiated | August 2–3, 2025 |
| Shares Credited to Demat | August 4, 2025 |
| Listing Date on NSE & BSE | August 5, 2025 |
What Should Investors Expect?
If you get an allotment, be prepared for a potentially stable listing with modest gains, given the low GMP. However, long-term investors can still find value in the company’s focus on rural lending and stable financials. If you don’t get any shares, your application money will be refunded or unblocked by your bank soon.
About the Company
Laxmi India Finance is a Jaipur-based NBFC with a primary focus on financing vehicles and small enterprises in tier 2 and tier 3 cities. The company has grown steadily in recent years and plans to use the IPO proceeds to expand its loan book and strengthen its capital base.
Final Thoughts
The allotment has been completed and the listing date is drawing near, Laxmi India Finance is all set to make its debut on the stock exchanges. Investors can check their allotment status through the official registrar websites or stock exchange portals and plan their investment strategy accordingly.
Leave a Reply