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Labh Panchami 2023: Date, Rituals, Significance, Wishes, and More

Hindu believers, particularly in Gujarat, have the belief that performing puja on this day will bring them prosperity, success, and good fortune.

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Labh Panchami 2023: The last day of Diwali celebrations is known as Labh Panchami, also known as Labh Pancham. According to the conventional Gujarati calendar, it is celebrated on the fifth day of the month of Kartik, or Panchami, during the “Shukla Paksha” (the waxing phase of the moon).

This day, which is also known as Saubhagya Panchami, Gyaan Panchami, or Laakheni Panchami, is celebrated in Gujarat with great zeal and intensity. Lord Ganesha and Goddess Lakshmi are prayed to for health and wealth on this day.

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Labh Panchami 2023 Date

Labh Panchami 2023 is on November 18, Saturday

Labh Panchami tithi timing: November 17, 11:03 am – November 18, 9:18 am

After the Diwali celebrations, most stores and commercial enterprises open on Labh Panchami, which is considered to be a very auspicious day for starting a new business venture. This day is also commemorated in Gujarat as the start of the Gujarati New Year.

Labh Panchami 2023 Shubh Muhurat

  • Sunrise: November 18, 06:46 AM.
  • Sunset: November 18, 05:37 PM.
  • Panchami Tithi Timing: November 17, 11:03 AM – November 18, 09:18 AM
  • Labh Panchami Puja Muhurat: November 18, 06:46 AM – 10:23 AM


Those who neglected to perform Sharda Pujan on Diwali perform it on the day of Labh Panchami. Today, members of the business community open their stores and do puja for their fresh ledgers of accounts. On this day, businessmen also pray to the goddess Lakshmi for her benediction.

People pay a visit to friends’ and families’ homes. Additionally, it is customary to exchange sweets as a representation of their “sweetened” relationships.

On the day of Labh Panchami, people in some areas also worship their books in an effort to increase their intelligence and knowledge.

On Labh Panchami, one must also provide food, clothing, money, or other necessities to the underprivileged and needy.

Gujarati New Year 2023: Date, Significance, Ritual, Legend, and Wishes

Labh Panchami’s Significance

Labh Panchami is a holiday that is connected to Diwali, the well-known Hindu holiday of Lights. The words “Labh” and “Saubhagya” mean, respectively, “benefit” and “good luck.” Therefore, it is believed that having this day in one’s life will be fortunate and advantageous.

Hindu believers, particularly in Gujarat, have the belief that performing puja on this day will bring them prosperity, success, and good fortune in both their personal and professional lives. Businessmen in Gujarat establish fresh account ledgers, or “Khatu,” on Labh Panchami because it is also the first working day of the fresh Year. ‘Shubh’ and ‘Labh’ are written on the left and right sides, respectively, and a ‘Sathiya’ is also drawn in the centre of the page to accomplish this. On this day, new businesses are said to experience great rewards.

On the day of Labh Panchami, it is lucky to start a new business. Gujarat accords this holiday a lot of importance and celebrates it grandly. Businesspeople there begin new bookkeeping, known as Khatu, as of this day. This has the words “auspicious” inscribed with kumkum on the left side and “profit” written on the right. Make friends in the midst of this. Hindus honour Lakshmi on this day. The Jain community prays for increased knowledge and wisdom as well as worships the enlightened text.

Puja Vidhi

• In the morning, take a bath, put on new clothing, and serve Arghya to the Sun. Pray to Surya Dev all year long for the eradication of any difficulties in business or employment.

• Then, if possible, put images or idols of Lord Ganesha and Mata Lakshmi at your home and business facility after cleaning the puja area.

• Call upon Lord Ganesha and offer him your sincere respect. Say the Ganesh Sankatnashan Stotra as well.

• After that, pray to and honour Mata Lakshmi. Offer her garments, fruits, flowers, crimson chunni, and bhog after anointing her idol with Gangajal.

• In front of the gods, light an oil lamp and an incense stick. Then, in front of Mata Lakshmi, recite Sri Sukta. Distribute the Prasad to the worshippers after the Puja.

• Go to the Lord Shiva temple in the evening to ask for his blessings on your business endeavours for the entire year.

• On the day of Labh Panchami, some devotees even worship books in order to gain more knowledge and wisdom.

• People visit their friends and family during this occasion, exchanging sweets as a way to symbolise and enhance their close bonds.

• On the day of Labh Panchami, giving out food, clothing, and cash is also regarded favourably.

Labh Panchami 2023 Wishes

1. May this Labh Panchami bring you and your family happiness and success.

2. On this Labh Panchami, may you be blessed with good fortune and wealth.

3. This Labh Panchami, may Goddess Lakshmi bestow her blessings upon you.

4. May you have a happy and prosperous life on this auspicious day.

5. Warmest of wishes for a happy Labh Panchami.

6. On Labh Panchami, may your company prosper and bring you tremendous wealth.

7. May Labh Panchami’s heavenly force bestow on you luck and fortune.

8. I hope you have a joyful, prosperous, and optimistic Labh Panchami.

9. May your Labh Panchami investments bring you significant rewards.

10. This Labh Panchami, may your home be blessed with prosperity and happiness.

11. May all of your endeavours be fruitful and prosperous on Labh Panchami.

12. On this great day, may you be rewarded with prosperity and wealth in all that you do.

13. Warmest regards and best wishes for a successful Labh Panchami.

14. On Labh Panchami, may your fortune increase and your anxieties abate.

15. May you always enjoy the blessings of Labh Panchami.

16. I wish you a happy and prosperous Labh Panchami.

17. May the beginning of a fruitful period in your life be marked by today Labh Panchami.

18. Happy Labh Panchami, and may your savings increase and your debts diminish.

19. May you be successful in all of your endeavours on this auspicious occasion.

20. On this Labh Panchami, may your family be rewarded with prosperity and happiness.

Sweta Bharti
Sweta Bharti
Sweta Bharti is pursuing bachelor's in medicine. She is keen on writing on the trending topics.

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