Registered Office:
2 DFL Gopintah Marg MI Road,,
Jaipur - 302001,
Rajasthan, India.
Phone : +91 97733 76198
Fax : NA
Initial public offer of 16,092,195 equity shares of face value of (Rs) 5 each ("Equity Shares") of Laxmi India Finance Limited ("Company" ) for cash at a price of (Rs) 158 per equity share (including a share premium of (Rs) 153 per equity share) (the "Offer Price") aggregating to (Rs) 254.26 crores ("the Offer") comprising a fresh issue of 10,453,575 equity shares of face value of (Rs) 5 each aggregating to (Rs) 165.17 crores by the company (the "Fresh Issue") and an offer for sale of 5,638,620 equity shares aggregating to (Rs) 89.09 crores (the "Offer for Sale") by the selling shareholders, consisting of 3,084,952 equity shares aggregating to (Rs) 48.74 crores by Deepak Baid, 913,070 equity shares of face value of (Rs) 5 each aggregating to (Rs) 14.43 crores by Prem Devi Baid, 1,261,902 equity shares of face value of (Rs) 5 each aggregating to (Rs) 19.94 crores by Aneesha Baid, 180,000 equity shares of face value of (Rs) 5 each aggregating to (Rs) 2.84 crores by Deepak Hitech Motors Private Limited, 90,000 equity shares of face value of (Rs) 5 each aggregating to (Rs) 1.42 crores by Prem Dealers Private Limited, 54,348 equity shares of face value of (Rs) 5 each aggregating to (Rs)0.86 crores by Preeti Chopra and 54,348 equity shares of face value of (Rs) 5 each aggregating to (Rs)0.86 crores by Rashmi Giria (collectively referred to as the "Selling Shareholders" and such equity shares offered by the selling shareholders, "Offered Shares"). The offer constitutes 30.79% of the post-offer paid-up equity share capital of the company.
The offer included a reservation of 160,928 equity shares of face value of (Rs) 5 each, aggregating to (Rs)2.54 crores (constituting to 0.31% of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 30.79% and 30.48%, respectively, of the post-offer paid-up equity share capital of the company.
Opens On
Closes On
Application
Allotment
29-Jul-25
31-Jul-25
158.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
94
Further Multiples of :
94
(Rs.Cr)
Lead Managers to the Issue
Project Cost
151.59
PL Capital Markets Pvt Ltd