Laxmi India Finance sets price band at Rs 150–158 for IPO opening on July 29

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Laxmi India Finance IPO opens July 29–31 with a price band of Rs 150–158; issue size is Rs 254 crore.
The offering includes a fresh issue of Rs 165.17 crore and OFS of Rs 89.09 crore; listing expected on August 5.
Funds will support capital base and lending growth; MSME loans form 76% of AUM.
FY25 profit rose 60% to Rs 36 crore; AUM stood at Rs 1,277 crore across 158 branches.

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