SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Dhanlaxmi Bank raises around Rs 70 crore via QIP route

04 Apr 2013 Evaluate

Dhanlaxmi Bank has raised around Rs 70 crore by issuing equity shares to QIBs through a qualified institutions placement. A total of 15,023,300 equity shares were issued at price of Rs 46.50 per share, aggregating to the worth of around Rs 69.86 crore. The price fixed is at 6.34% discount to its market price of Rs 49.45 (Closing Price as on April 2, 2013).

The bank has reported a net profit of Rs 4.39 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 36.87 crore for the same quarter in the previous year. However, total income of the bank has decreased by 9.91% at Rs 352.11 crore for quarter under review as compared to Rs 390.85 crore for the quarter ended December 31, 2011.

Dhanlaxmi Bank Share Price

27.59 -0.30 (-1.08%)
21-Apr-2026 16:01 View Price Chart
Peers
Company Name CMP
HDFC Bank 811.65
ICICI Bank 1388.65
Axis Bank 1377.00
Kotak Mahindra Bank 381.50
Indusind Bank 856.45
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:

×