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Lakshmi Vilas Bank rights issue fully subscribed
Source: IRIS | 26 Aug, 2014, 10.27AM
Rating: NAN / 5 stars.
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Lakshmi Vilas Bank, a private sector banking institution, rights issue for an amount of Rs 4.09 billion has been fully subscribed and received subscription of 112%.

Axis Capital acted as the sole lead manager to the rights issue.

Shares of bank gained Rs 0.5, or 0.62%, to trade at Rs 81. The total volume of shares traded was 28,612 at the BSE (10.16 a.m., Tuesday).

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