Laxmi India Finance moves up on raising Rs 50 crore through NCDs
The Business Operation Committee of the Board of Directors of Company at their meeting held on February 24, 2026 has approved allotment of the same
Laxmi India Finance is currently trading at Rs. 94.09, up by 0.35 points or 0.37% from its previous closing of Rs. 93.74 on the BSE.
The scrip opened at Rs. 94.00 and has touched a high and low of Rs. 96.10 and Rs. 93.61 respectively. So far 5042 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 180.75 on 18-Sep-2025 and a 52 week low of Rs. 85.01 on 04-Feb-2026.
Last one week high and low of the scrip stood at Rs. 106.00 and Rs. 93.30 respectively. The current market cap of the company is Rs. 491.79 crore.
The promoters holding in the company stood at 60.45%, while Institutions and Non-Institutions held 7.92% and 31.63% respectively.
Laxmi India Finance has raised Rs 50 crore through the allotment of 50,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 10,000 each on a private placement basis. The Business Operation Committee of the Board of Directors of Company at their meeting held on February 24, 2026 has approved allotment of the same.
Laxmi India Finance is 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. It offers MSME loans, vehicle loans, construction loans and other lending products to cater to the financial needs of its customers.

