Dhanlaxmi Bank Rights Issue 2024 Date, Price, Allotment, Ratio

Dhanlaxmi Bank Rights issue date is fixed, the rights issue is to open on January 8, 2025 and will close on January 28, 2025. The Dhanlaxmi Bank Rights issue record date is December 27, 2024. The company is to offer 14,16,86,767 equity shares at a price of ₹21 per share. The Dhanlaxmi Bank Rights issue size will be ₹297.54 Crores. The entitlement ratio is 14:25, 14 rights share for every 25 fully-paid equity shares held on the record date. Check out Dhanlaxmi Bank rights issue details.

Dhanlaxmi Bank Rights Issue 2024

Incorporated in 1927, Dhanlaxmi Bank Limited is one of the growing Indian banks known to offer various banking and financial services. The bank offers a variety of products and services including 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. As of December 31, 2012, Dhanlaxmi Bank Limited has achieved a pan-India presence through a network of 676 customers, 280 branches, and 396 ATMs across 13 states and 2 union territories. Moreover, as of December 31, 2012, their 62 branches consist in metropolitan cities, 89 branches in urban areas, 101 branches in semi-urban areas, and 28 branches in rural areas. The revenue of Dhanlaxmi Bank Limited increased by 19% in the fiscal years 2023 and 2024, marking a significant milestone.

Dhanlaxmi Bank Rights Issue Review

  • Avoid / Risky

Dhanlaxmi Bank Rights Issue 2024 Dates & Time Table

Rights Issue Open:January 8, 2025
Rights Issue Close:January 28, 2025
Rights Record Date:December 27, 2024
Last Date to Buy Shares:December 26, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsJanuary 23, 2025

Dhanlaxmi Bank Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹297.54 Crores
Price Band:₹21 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE, NSE
Entitlement Ratio: 14:25 (14 rights share for every 25 shares)
Equity:14,16,86,767 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Dhanlaxmi Bank Rights Issue 2024 Form & How to Apply

You can apply for Dhanlaxmi Bank Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Dhanlaxmi Bank Financial Report

₹ in Crores
YearRevenueExpensePAT
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 2024 Allotment Status

To Be Updated Soon

Dhanlaxmi Bank Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Dhanlaxmi Bank Limited
Dhanlaxmi Building
Naickanal
Thrissur-680001
Phone: 914872383083
Email: [email protected]
Website: https://www.dhanbank.com/

Dhanlaxmi Bank Rights Issue 2024 FAQs:


When is Dhanlaxmi Bank Rights Issue 2024 Record Date?

Dhanlaxmi Bank Rights Issue 2024 record date is December 27, 2024.

What is Dhanlaxmi Bank Rights Issue 2024 Price?

The company has fixed the price at ₹21 per equity share.

What is the Dhanlaxmi Bank Rights Issue 2024 Ratio?

The company has fixed the ratio (14:25), 14 Rights Equity Share for every 25 Equity Shares as on record date.

How to apply for Dhanlaxmi Bank Rights Rights Issue 2024?

As per the record date you need to have Dhanlaxmi Bank Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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