IPO Schedule
1
Open
29 Jul
2
Close
31 Jul
3
Allotment
-
4
Listing
5 Aug
Laxmi India Finance IPO
Issue:₹158
List:₹136
CMP:₹95.7
NSELot: 94Mainboard
LISTEDMAINBOARD
Issue Price₹158
Listing₹136
Current₹95.7
Content
About Laxmi India Finance
Laxmi India Finance is a non-banking financial company (NBFC) primarily focused on providing vehicle loans, business loans, and personal loans. Their operations are concentrated in specific regions of India, catering to underserved segments with limited access to formal financing.
Subscription Status
QIB
0.10x
NII
0.19x
Retail
0.61x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.30x | 0.45x | 0.10x |
| NII | 1.83x | 0.52x | 0.19x |
| Retail | 2.20x | 1.29x | 0.61x |
| Total | 1.86x | 0.89x | 0.37x |
Risk Factors
•High competition from existing NBFCs and banks in the lending market.
•Asset quality concerns and potential for increased NPAs due to lending to higher-risk segments.
•Sensitivity to interest rate fluctuations and changes in regulatory policies.
•Geographic concentration of operations exposes the company to regional economic downturns.