SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Lakshmi Vilas Bank to raise up to Rs 786.87 crore through Rights Issue

24 Nov 2017 Evaluate

Lakshmi Vilas Bank has received an approval for issue of equity shares by way of Rights Issue to the eligible shareholders of the Bank, for an amount aggregating up to Rs 786.87 crore. The Capital Raising Committee of the Board of the Bank at its meeting held on November 24, 2017 has approved for the same.

The Rights Issue will be offered at a price of Rs 122 only per Rights Equity share (including a premium of Rs 112 only per right equity share) and the full amount is to be paid on application. The total number of rights equity shares to be issued: 6,44,97,155 equity shares.

Lakshmi Vilas Bank offers a wide range of services such as Deposits, loan, MSME, Online Services, NRI services, Wealth Management Services and Personal banking services etc.
 

Lakshmi Vilas Bank Share Price

7.65 0.00 (0.00%)
25-Nov-2020 18:57 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×