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flag Laxmi India Finance opens IPO to raise ₹254.26 crore for MSME, vehicle, and construction loans.

flag Laxmi India Finance, a Jaipur-based non-deposit-taking NBFC, opened its IPO on July 29 with shares priced between ₹150-158. flag The IPO aims to raise ₹254.26 crore to bolster its capital for future lending and corporate needs. flag The company offers MSME, vehicle, and construction loans, and its assets under management grew to ₹1,277 crore in March 2025, with a revenue increase to ₹246 crore in FY25, and net profit rising to ₹36 crore. flag Shares are set to list on August 5.

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