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

32.34 0.03 (0.09%)
14-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 727.35
ICICI Bank 1418.00
Axis Bank 1217.40
Kotak Mahindra Bank 393.00
Indusind Bank 1032.00
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: