Laxmi India Finance files draft papers with Sebi to raise funds via IPO

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Laxmi India Finance Ltd, an NBFC, has filed for an IPO to raise capital. The offering includes fresh shares and an OFS by promoters. The funds will bolster the company’s lending capacity. With 139 branches across four states, Laxmi India Finance boasts an AUM exceeding ₹1,000 crore, primarily focused on MSME and vehicle loans.

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Laxmi India Finance files draft papers with Sebi to raise funds via IPO

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