Laxmi India Finance Ltd. IPO

We are a non-deposit taking non-banking financial company categorized as a ‘NBFC–Middle Layer’ primarily operating in Micro, Small and Medium Enterprises (“MSME”) financing vertical and vehicle financing vertical. We offer MSME loans, vehicle loans, construction ... loans and other lending products to cater to the financial needs of our customers. As on March 31, 2025, we conduct our operations through 158 branches located in rural, semi-urban and urban areas in the states of Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh and Uttar Pradesh. As of March 31, 2025, our assets under management (AUM) stood at ?12,770.18 million with our MSME and vehicle loan verticals contributing 76.34% and 16.12%, respectively. Further, our customer base comprises 35,568 customers, including 18,596 active MSME customers and 12,423 active vehicle loan customers as on March 31, 2025. Read more

We operate in the credit market as a non-banking financial company (NBFC).

The total systemic credit in India has witnessed a steady and broad-based expansion over recent years. From Rs 134.5 trillion in FY19, credit outstanding is expected to have crossed Rs 236 trillion as of FY25 By ... FY27, systemic credit is projected to reach around to ~Rs 300 trillion, indicating a healthy CAGR of 12%–13% between FY25 - FY27. The share of NBFCs in systemic credit has steadily increased from 17% in FY19 to 19% in FY24 and is projected to reach 20% by FY27. This trend reflects the growing contribution of NBFCs in the Indian credit landscape, particularly in addressing credit demand in under-served segments such as microfinance, small and medium enterprises and loans to priority sectors. Commercial credit to MSMEs in India grew at a steady pace of 11% CAGR in the 4-year period from Sep-19 to Sep-23. CareEdge Research expects NBFC MSME AUM to grow at a CAGR of approx. 20% to 22% and cross Rs. 6 trillion mark by end of FY27. Read more