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Issue Open Date
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29-Jul-25
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Issue Closing Date
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31-Jul-25
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Application Money
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100
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Allotment Money
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Price Band
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150
-
158
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Minimium Application No.
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94
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Issue Size (Shares)
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16092195
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Market Lot
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1
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Objective
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1. Augmentation of our capital base to meet our future capital requirements towards onward lending
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description:
We are a non-deposit taking non-banking financial company focused on serving the financial needs of underservedcustomers in India’s lending market. As on September 30, 2024, our operational network spans across 139 branches inrural, semi-urban and urban areas in the states of Rajasthan, Gujarat, Madhya Pradesh and Chhattisgarh. Laxmi Financehas the widest reach in Rajasthan in terms of being the company with highest number of branches amongst its peers forthe period ending FY24 (Source: CARE Report). Our product portfolio includes MSME loans, vehicle loans, constructionloans and other lending products catering to the diverse financial needs of our customers. Our MSME lending fuelseconomic growth and promotes financial inclusion by supporting small businesses and entrepreneurs, with over 80% ofour MSME loans qualifying as Priority Sector Lending under RBI guidelines.Building on a legacy that began in early 1990s with Deepak Finance & Leasing Company (a proprietorship concernfounded by our Promoter’s father) (DFL), our Promoter acquired the shares and control of our Company in 2010.Subsequently, in 2011, our Company consolidated the business by acquiring and integrating the business and operationsof DFL, leveraging the expertise and strengths of both entities. As of June 30, 2024, our assets under management (AUM)stood at ?10,355.35 million with our MSME and vehicle loan verticals contributing 75.49% and 17.46%, respectively.
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Promoter's Holding
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Total Share Capital
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37236188
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Offered to Public
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16092195
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Promoter's Holding (Pre-Issue)
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89.05
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Promoter's Holding (Post-Issue)
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Address |
2 D F L
Gopinath Marg
M I
Road
Jaipur
,
Rajasthan
,
302001
Phone :
8265826531 / 0141-4031166 / 9773376198
Email :
inf@lifc.in / investors@lifc.in
Website :
www.lifc.co.in
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
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PL Capital Markets Pvt Ltd
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Promoters |
Aneesha Baid
Deepak Baid
Deepak Hitech Motors Pvt Ltd.
Hirak Vinimay Pvt Ltd.
Prem Dealers Pvt Ltd.
Prem Devi Baid
Vivan Baid Family Trust
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