Mumbai, Aug. 1 -- The initial public offer of Laxmi India Finance received bids for 2,11,66,544 shares as against 1,13,12,816 shares on offer. The issue was subscribed 1.87 times.

The Retail Individual Investors (RIIs) category was subscribed 2.22 times. The Non-Institutional Investors (NIIs) category was subscribed 1.84 times. The Qualified Institutional Buyers (QIBs) category was subscribed 1.30 times.

The issue opened for bidding on 29 July 2025 and it closed on 31 July 2025. The price band of the IPO is fixed between Rs 150 and 158 per share.

The initial public offer (IPO) consisted of a fresh issue of 1.045 crore equity shares to raise Rs 156.80 crore at the lower band of Rs 150 per share (face value Rs 5 per share) and Rs 165.17 ...