Laxmi India Finance IPO Subscription Status
Laxmi India Finance IPO was subscribed 1.86 times when bidding closed on 31 Jul 2025: QIB 1.3x, NII 1.83x, Retail 2.2x.
The Laxmi India Finance IPO has been subscribed 1.86x times overall. Retail investors have shown interest with bids for 2.2x the shares available. The Non-Institutional Investor (NII) category has been subscribed 1.83x. Within NII, Big HNI (B-HNI) subscribed 1.82x and Small HNI (S-HNI) subscribed 1.87x. Qualified Institutional Buyers (QIBs) have subscribed 1.3x. Data last updated on 10 Nov, 01:05 AM.
The IPO subscription period has ended. The issue opened on 29 Jul, 2025 and closes on 31 Jul, 2025. The shares are expected to list on stock exchanges on 05 Aug, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 1.3x |
| NII | - of - - | 1.83x |
bHNI — bid amount above ₹10 Lakh |
- - | 1.82 |
sHNI — bid amount ₹2–10 Lakh |
- - | 1.87 |
| Retail | - of - - | 2.2x |
| Employee | - of - - | 1.54x |
| TOTAL | - 1,13,044 applications - | 1.86x |
Laxmi India Finance IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹158.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 1.76x subscribed | 1,13,044 | 60,627 | 1 out of 21 out of 2 |
Laxmi India Finance IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 45.5% for a single lot.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
31 Jul 2025
Day 3 |
1.86x | ▼ | |
|
QIB1.3x
BHNI1.82x
SHNI1.87x
Retail2.2x
Employee1.54x
|
|||
|
30 Jul 2025
Day 2 |
0.88x | ▼ | |
|
QIB0.45x
BHNI0.38x
SHNI0.8x
Retail1.28x
|
|||
|
29 Jul 2025
Day 1 |
0.37x | ▼ | |
|
QIB0.1x
BHNI0.1x
SHNI0.38x
Retail0.6x
|
|||
Laxmi India Finance IPO dates
From the bidding window to listing. Today is 10 November.
- Open 29 Jul 2025
- Close 31 Jul 2025
- Allotment 01 Aug 2025
- Refund/credit 04 Aug 2025
- Listing 05 Aug 2025
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | SANSHI FUND-I | SANSHI | ₹20.00 Cr | 26.49% | |
| 2 | SAINT CAPITAL FUND | SAINT CAPITAL | ₹7.50 Cr | 9.93% | |
| 3 | BNP PARIBAS FINANCIAL MARKETS-ODI | BNP PARIBAS | ₹7.00 Cr | 9.27% | |
| 4 | MINT FOCUSED GROWTH FUND PCC-CELL 1 | MINT FOCUSED | ₹6.00 Cr | 7.95% | |
| 5 | RAJASTHAN GLOBAL SECURITIES PVT.LTD. | RAJASTHAN GLOBAL SECURITIES | ₹5.01 Cr | 6.63% | |
| 6 | COMPACT STRUCTURE FUND | COMPACT STRUCTURE FUND | ₹5.00 Cr | 6.62% | |
| 7 | COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND | COGNIZANT | ₹5.00 Cr | 6.62% | |
| 8 | INDIA MAX INVESTMENT FUND LTD. | INDIA MAX INVESTMENT FUND LTD. | ₹5.00 Cr | 6.62% | |
| 9 | VIJIT GROWTH FUND | VIJIT GROWTH | ₹5.00 Cr | 6.62% | |
| 10 | HOLANI VENTURE CAPITAL FUND-I | HOLANI VENTURE | ₹5.00 Cr | 6.62% | |
| 11 | MERU INVESTMENT FUND PCC-CELL 1 | MERU INVESTMENT | ₹5.00 Cr | 6.62% | |
| TOTAL | ₹75.51 Cr | 99.99% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Laxmi India Finance IPO?
As of IPO close date (31 Jul, 2025), the Laxmi India Finance IPO is subscribed 1.86x times. Retail category is 2.2x, and NII is 1.83x subscribed.
When is the allotment date for Laxmi India Finance IPO?
The allotment for Laxmi India Finance IPO is expected to be finalized on 01 August, 2025.
What is the GMP of Laxmi India Finance?
The Grey Market Premium (GMP) for Laxmi India Finance is currently ₹2, indicating a potential listing gain of 1%.
When will Laxmi India Finance IPO list on the stock market?
Laxmi India Finance is scheduled to list on BSE and NSE on 05 August, 2025.
What are the chances of getting allotment in Laxmi India Finance IPO?
The retail category is oversubscribed at 2.2x, meaning allotment is by lottery. Statistically, approximately 1 in 3 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 1.3x mean for Laxmi India Finance IPO?
Moderate — QIBs have subscribed 1.3x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Laxmi India Finance IPO allotment status?
After the allotment date (01 Aug, 2025), you can check your Laxmi India Finance IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Laxmi India Finance IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
