Laxmi India Finance IPO Subscription Status
Laxmi India Finance IPO closed on 31 July 2025 with an overall subscription of 1.86x based on shares applied. QIB demand came in at 1.30x, NII at 1.83x, and retail at 2.20x.
Allotment will be finalised on 1 August 2025. The stock is scheduled to list on NSE and BSE on 5 August 2025.
Issue Price
Rs 158.00
GMP Today
Rs 4.50 (+2.85%)
Overall Subscription
1.86x
Issue Size
₹254.26 Cr
Allotment Date
1 Aug 2025
Listing Date
5 Aug 2025
Laxmi India Finance IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 158.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 50.34 Cr | Rs 65.36 Cr | 1.30x |
| NII | Rs 37.76 Cr | Rs 69.23 Cr | 1.83x |
| sNII (Rs 2L to Rs 10L) | Rs 12.59 Cr | Rs 23.50 Cr | 1.87x |
| bNII (above Rs 10L) | Rs 25.17 Cr | Rs 45.73 Cr | 1.82x |
| Retail | Rs 88.10 Cr | Rs 193.47 Cr | 2.20x |
| Total | Rs 176.20 Cr | Rs 328.07 Cr | 1.86x |
Laxmi India Finance IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 31,86,253 | 41,36,940 | 1.30x |
| NII | 23,89,690 | 43,81,904 | 1.83x |
| sNII (Rs 2L to Rs 10L) | 7,96,563 | 14,87,550 | 1.87x |
| bNII (above Rs 10L) | 15,93,127 | 28,94,354 | 1.82x |
| Retail | 55,75,943 | 1,22,45,004 | 2.20x |
| Total | 1,11,51,886 | 2,07,63,848 | 1.86x |
What Do These Subscription Numbers Mean?
A subscription of 1.86x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.30x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.30x, it reflects serious institutional conviction.
NII at 1.83x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 2.20x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Laxmi India Finance IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 2.20x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 1.87x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 1.82x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Laxmi India Finance IPO Allotment Status page from 1 August 2025 for your allotment result.
Laxmi India Finance IPO GMP After Subscription
GMP for Laxmi India Finance IPO stands at Rs 4.50 today, giving an estimated listing price of Rs 162.50 per share.
A subscription of 1.86x combined with a GMP of 2.85% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Laxmi India Finance IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Laxmi India Finance IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 29 Jul 2025 | 0.10x | 0.19x | 0.61x | 0.37x |
| Day 2 - 30 Jul 2025 | 0.45x | 0.52x | 1.29x | 0.89x |
| Day 3 - 31 Jul 2025 | 1.30x | 1.83x | 2.20x | 1.86x |
Laxmi India Finance IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 29 July 2025 |
| IPO Close Date | 31 July 2025 |
| Allotment Date | 1 August 2025 |
| Refund Initiation | 2 August 2025 |
| Share Credit to Demat | 2 August 2025 |
| Listing Date | 5 August 2025 |
| Minimum Investment | Rs 14,852.00 |
| Lot Size | 94 shares |
About Laxmi India Finance IPO
Laxmi India Finance Limited (LIFC), incorporated in 1996 and headquartered in Jaipur, Rajasthan, is a non-deposit taking Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). The company specializes in providing secured financing solutions to underserved segments, particularly in semi-urban and rural regions across Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh, and Uttar Pradesh. LIFC's core product portfolio includes MSME (Micro, Small and Medium Enterprises) Finance (secured loans against property for business expansion and working capital), Vehicle Finance (secured loans for commercial vehicles, used personal vehicles, used tractors, 2-wheelers, and electric 2- and 3-wheelers), and Construction Loans (secured loans to retail customers for purchasing, constructing, or renovating residential properties).
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Laxmi India Finance IPO Subscription FAQs
What is Laxmi India Finance IPO IPO subscription status today?
Laxmi India Finance IPO IPO subscription closed on 31 July 2025 with overall subscription of 1.86x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 1.30x, NII 1.83x, Retail 2.20x.
What is the overall subscription of Laxmi India Finance IPO IPO?
Laxmi India Finance IPO IPO is subscribed 1.86x overall by shares at close on 31 July 2025. QIB 1.30x, NII 1.83x, and Retail 2.20x.
What is Laxmi India Finance IPO IPO QIB subscription?
Laxmi India Finance IPO IPO QIB (Qualified Institutional Buyers) subscription is 1.30x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Laxmi India Finance IPO IPO Retail subscription?
Laxmi India Finance IPO IPO Retail subscription is 2.20x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Laxmi India Finance IPO IPO NII subscription?
Laxmi India Finance IPO IPO NII (Non-Institutional Investors) subscription is 1.83x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Laxmi India Finance IPO IPO for retail?
Laxmi India Finance IPO IPO retail share subscription is 2.20x. Application-wise data is needed for accurate lottery odds.
When is Laxmi India Finance IPO IPO allotment date?
Laxmi India Finance IPO IPO allotment date is 1 August 2025. Check Laxmi India Finance IPO Allotment Status on IPOwiz from that day using your PAN.
When does Laxmi India Finance IPO IPO subscription close?
Laxmi India Finance IPO IPO subscription closed on 31 July 2025. No new applications are accepted after the close.
What is Laxmi India Finance IPO IPO GMP today?
Laxmi India Finance IPO IPO GMP is ₹5 today (+2.85% over issue price ₹158). See live GMP on the Laxmi India Finance IPO GMP Today page.
What is Laxmi India Finance IPO IPO issue price and lot size?
Laxmi India Finance IPO IPO issue price is ₹158 per share. Lot size is 94 shares. Minimum investment is ₹14,852 per lot. Issue size: ₹254.26 Cr.
When is Laxmi India Finance IPO IPO listing date?
Laxmi India Finance IPO IPO listing date is 5 August 2025 on NSE and BSE. Allotment is on 1 August 2025.
How does subscription affect Laxmi India Finance IPO IPO allotment?
Allotment odds in Laxmi India Finance IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.86x overall, competition is moderate.
For allotment results from 1 August 2025, visit the Laxmi India Finance IPO Allotment Status page. For listing day updates on 5 August 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.