Laxmi India Finance IPO
NBFC - Listed on 05 August 2025
Laxmi India Finance IPO listing summary
Laxmi India Finance (NBFC) closed its IPO window in 2025 and listed on NSE and BSE on 05 August 2025 at an upper band issue price of Rs 158, opening at Rs 138 for a listing gain of -12.7% and closing day one at Rs 134.11 (-15.1% on closing basis). The IPO was subscribed 1.85x overall - QIB 1.30x, HNI/NII 1.83x, Retail 2.19x. The total issue size was Rs 254.26 Cr (Fresh Issue Rs 165.16 Cr, OFS Rs 89.09 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Laxmi India Finance IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 0 | 0.00% |
| Day 3 | Rs 0 | 0.00% |
| Day 4 | Rs 0 | - |
| Day 5 | Rs 0 | 0.00% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Laxmi India Finance IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Laxmi India Finance IPO - FAQs
What was the listing gain of Laxmi India Finance IPO?
Laxmi India Finance IPO listed at -12.7% versus the upper issue price of Rs 158 on 05 August 2025.
How many times was Laxmi India Finance IPO subscribed?
Laxmi India Finance IPO was subscribed 1.85x overall. QIB portion was subscribed 1.30x, HNI / NII 1.83x and Retail 2.19x.
What was the IPO GMP for Laxmi India Finance?
IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.