A Oneindia Venture
News Personal finance Gold rates Silver rates Mutual funds IPO MSME
Gold Rates
Silver Rates
Platinum Rates
Fuel Price
Holidays
Banking
Lottery
Calculators
Savings Scheme
Get Updates
Get notified about market trends, financial advice, and investment tips!
English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Home News Business
LIC Housing raises Rs 180 crore through preferential offer
By
Add as a preferred source on Google

LIC housing
LIC Housing Finance, India's largest housing finance company has raised Rs 180 crore through a prefrential offer.

The company has allotted three crore equity shares of face value of Rs. 2/- each at a premium of Rs. 268/- per share to LIC of India.

The funds augmented would enable the company improve its capital adequacy ratio. A ratio that measures the strength/health of the bank.

LIC Housing Finance reported a net profit of Rs 305.69 in QE3 crore when compared to Rs 213.49 crore in the corresponding period of the previous year.

Individual Loan disbursement stood at Rs 4568 crore up by 8%.

Shares of the company on Thursday were trading lower by Rs 4.35 at Rs 264.60.

GoodReturns.in

Share This Article
Story first published: Thursday, March 22, 2012, 12:33 [IST]
See More On: lic, shares
Other articles published on Mar 22, 2012

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
Sign Out