Mumbai, July 30 -- The initial public offer of Laxmi India Finance received bids for 99,71,708 shares as against 1,13,12,816 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (30 July 2025). The issue was subscribed 0.88 times.

The issue opened for bidding on 29 July 2025 and it will close on 31 July 2025. The price band of the IPO is fixed between Rs 150 and 158 per share. An investor can bid for a minimum of 94 equity shares and in multiples thereof.

The initial public offer (IPO) consists of 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 crore at the upper band of Rs 158 per share.

The issue also has offer for...