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Lakshmi Vilas Bank raises Rs 168 cr through QIP

Equity shares were priced at Rs 140

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BS Reporter Chennai
Last Updated : Jan 05 2017 | 8:56 PM IST
Lakshmi Vilas Bank has raised Rs 167.8 crore through qualified institutional placement (QIP), in an issue opened on December 28, 2016. 

Equity shares were priced at Rs 140 including a premium of Rs 130 per share and the issue was closed on December 31, said the Bank.
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