Dhanlaxmi Bank Rights Issue 2024 Offer Details
| Dhanlaxmi Bank Rights Issue Date: | 8 to 28 January 2025 |
| Rights Issue Size (in INR): | Approx ₹297.54 Crores |
| Rights Issue Size (in Shares): | 14,16,86,767 Equity Share |
| Issue Price: | ₹21 Per Equity Share |
| Face Value: | ₹10 Per Equity Share |
| Listing on: | BSE, NSE |
| BSE Code: | 532180 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 14:25 (14 rights share for every 25 shares held on record date) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Dhanlaxmi Bank Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Dhanlaxmi Bank Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 26 December 2024 |
| Rights Issue Record Date: | 27 December 2024 |
| Credit of Rights Entitlements: | 7 January 2024 |
| Issue Offer Opens On: | 8 January 2025 |
| Renunciation of Rights Entitlements: | 23 January 2025 |
| Issue Offer Closes On: | 28 January 2025 |
| Basis of Allotment Date: | 4 February 2025 |
| Credit Date: | 5 February 2025 |
| Listing Date: | 10 February 2025 |
Dhanlaxmi Bank Rights Issue Calculation
| Rights Issue Price: | ₹21 per share |
| Market Price on Rights Issue Approval: | ₹40.33 per share |
| Dilution Factor (X): | 1.56 |
| Fair Value After Dilution at Prevailing Price: | ₹33.39 per share |
How to Apply for Dhanlaxmi Bank Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Dhanlaxmi Bank
Dhanlaxmi Bank Limited founded in 1927, is an Indian Bank known to offer a wide range of banking and financial services. Savings accounts, current accounts, term deposits, corporate salary accounts, international debit and credit cards, gift cards, corporate and retail loans, depository services, locker facilities, mobile, and internet banking services, bill payment services, foreign exchange services, export and import services, repatriation schemes, online broking services, and cash management services are some of the many products and services the bank offers to customers. Dhanlaxmi Bank Limited has established a pan-India presence as of December 31, 2012, with a network of 676 customers, 280 branches, and 396 ATMs spread throughout 13 states and 2 union territories. As of December 31, 2012, their 62 branches are spread across metropolitan areas, 89 are in urban areas, 101 are in semi-urban areas, and 28 are in rural areas. The revenue of Dhanlaxmi Bank Limited increased by 19% in the fiscal years 2023 and 2024, marking a significant milestone.
Objects of the Rights Issue
- To Be Updated Soon
Dhanlaxmi Bank Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹1,085.76 | ₹1,049.85 | ₹800.84 |
| 2023 | ₹1,145.75 | ₹1,096.39 | ₹776.42 |
| 2024 | ₹1,359.55 | ₹1,301.73 | ₹730.97 |
Dhanlaxmi Bank Rights Issue Registrar
Kfin Technologies Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 1800 309 4001/ + 91 40 6716 2222
Email: dhanlaxmi.rights@kfintech.com
Website: www.kfintech.com
Dhanlaxmi Bank Rights Issue Lead Manager
- BOB Capital Markets Limited
Dhanlaxmi Bank Rights Issue allotment status check on Kfin Technologies website – Click Here
Promoters of Dhanlaxmi Bank
- To Be Updated Soon
Company Address
Dhanlaxmi Bank Limited
Dhanlaxmi Building
Naickanal
Thrissur-680001
Phone: 914872383083
Email: customercare@dhanbank.co.in
Website: https://www.dhanbank.com/