Laxmi India Finance Ltd. Company History and Annual Growth Details

Our Company was incorporated as ‘Laxmi India Finleasecap Private Limited’ at New Delhi under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 10, 1996, issued by the Registrar of Companies, Delhi and Haryana. Our Company changed its registered office to the state of West Bengal pursuant to the order dated July 19, 2011 passed by the Hon’ble Company Law Board, Bench at New Delhi. Further, the registered office of our Company was shifted from the state of West Bengal to the state of Rajasthan pursuant to the order dated December 01, 2020 passed by the Regional Director, Eastern Region. Subsequently, the name of our Company was changed to ‘Laxmi India Finance Private Limited’ to align it with our business activities pursuant to a resolution passed by our Shareholders dated January 25, 2023 and a fresh certificate of incorporation dated March 10, 2023 was issued by the Registrar of Companies, Rajasthan at Jaipur. Thereafter, our Company was converted into a public limited company, the name of our Company was changed to ‘Laxmi India Finance Limited’ and a fresh certificate of incorporation dated October 08, 2024 was issued by the Registrar of Companies, Rajasthan at Jaipur.

Major Events and Milestones:
1996
- Incorporation of our Company as ‘Laxmi India Finleasecap Private Limited’

2001
- Received license to operate as an NBFC from the RBI

2010
- Acquisition of control of the Company by the current Promoters

2011
- Launched MSME loan product

2017
- Crossed the AUM of ?1,000 million
- Launched construction loan product

2018
- Designated as NBFC – Investment and Credit Company

2019
- Opened our first branch in Gujarat

2020
- Our customer base crossed 10,000
- Opened our first branch in Madhya Pradesh

2021
- Designated as a NBFC-ND-SI by the RBI

2022
- Crossed 100 branches
2023
- Crossed the AUM of ?5,000 million
2024
- Crossed the AUM of ?10,000 million
- Categorized as NBFC-Middle Layer
- Our customer base crossed 25,000

2025
- Opened our first branch in Uttar Pradesh

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