The Initial Public Offering of Laxmi India Finance Limited was subscribed 1.85 times on the final day of bidding.

The issue received bids of 2,09,55,796 shares against the offered 1,13,12,816 equity shares, at a price band of ₹150-158, according to the data available on the stock exchanges.

Retail Portion and Non-Institutional Investors Portion were subscribed 2.19 times and 1.83 times respectively, whereas Qualified Institutional Buyer Portion was subscribed 1.30 times. Employee Portion was subscribed 1.54 times. 

PL Capital Markets Private Limited is the sole book-running lead manager, and MUFG Intime India Private Limited is the registrar of the issue.