Initial Public Offerings (IPOs) allow you to invest in companies going public. Laxmi India Finance Ltd. goes public when it first sells its shares after being listed on BSE or NSE.
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market. As on September 30, 2024, our operational network spans across 139 branches inrural, semi-urban and urban areas in the states of Rajasthan, Gujarat, Madhya Pradesh and Chhattisgarh. Laxmi Financehas the widest reach in Rajasthan in terms of being the company with highest number of branches amongst its peers forthe period ending FY24 (Source: CARE Report). Our product portfolio includes MSME loans, vehicle loans, constructionloans and other lending products catering to the diverse financial needs of our customers. Our MSME lending fuelseconomic growth and promotes financial inclusion by supporting small businesses and entrepreneurs, with over 80% ofour MSME loans qualifying as Priority Sector Lending under RBI guidelines.Building on a legacy that began in early 1990s with Deepak Finance & Leasing Company (a proprietorship concernfounded by our Promoter’s father) (DFL), our Promoter acquired the shares and control of our Company in 2010.Subsequently, in 2011, our Company consolidated the business by acquiring and integrating the business and operationsof DFL, leveraging the expertise and strengths of both entities. As of June 30, 2024, our assets under management (AUM)stood at ?10,355.35 million with our MSME and vehicle loan verticals contributing 75.49% and 17.46%, respectively. Read MorePosted on Mar 20th
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An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.
Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.
The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.
Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.
The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:
This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
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