Monitoring Agency Report for the quarter ended on March 31, 2026.
LAXMIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CARE Ratings Limited, the monitoring agency for Laxmi India Finance's IPO, has submitted its Q4 FY26 report. The company raised Rs. 165.17 crore through fresh equity issuance in its July 2025 IPO. The main object of Rs. 151.59 crore for capital augmentation to support onward lending was fully utilized by December 2025, ahead of the March 2026 target date. Share issue expenses of Rs. 13.58 crore have been utilized to the extent of Rs. 12.53 crore, with Rs. 1.05 crore remaining unutilized. The monitoring agency has confirmed zero deviation from the disclosed objects and no material variances from earlier reports.
Positive signal for investors as the IPO proceeds are being deployed as planned with no deviations. The early completion of capital augmentation suggests the company is actively growing its lending book as intended.