Laxmi India Finance Ltd, incorporated in 1996, is a non-deposit taking NBFC offering secured and unsecured loans. Its portfolio includes MSME finance, vehicle loans, construction loans, personal loans, and wholesale lending to NBFCs, serving individuals, businesses, and institutions with diverse financial solutions across India.
Laxmi India Finance Limited's Business Operation Committee approved the private placement allotment of 1,00,000 Non-Convertible Debentures (NCDs) totaling INR 100 Crore. This includes 70,000 Series A NCDs worth INR 70 Cr and 30,000 Series B NCDs worth INR 30 Cr. These NCDs are rated, listed, and secured, offering an annual...
Laxmi India Finance reported strong Q1 FY27 results: AUM grew 27% to ₹1,721 Cr, disbursements up 38% to ₹230 Cr, and profit surged 70% to ₹16.43 Cr. GNPA stood at 2.08%, or 0.83% excluding the one-off Upmoney issue. The company reduced its borrowing cost to ~10.48% and plans further reduction....
Laxmi India Finance's Business Operation Committee has approved issuing up to 1,00,000 Rated, Listed, Secured Non-Convertible Debentures (NCDs) through private placement. These NCDs, each with a face value of INR 10,000, will raise an aggregate nominal value of up to INR 100 Cr. This total amount incorporates a green shoe...