Laxmi Sunrise Bank Limited Closing the Issue of "7% Laxmi Sunrise Debenture 2092" From Today

Wed, Aug 5, 2026 10:57 AM on Latest, Bonds & Debentures,

Laxmi Sunrise Bank Limited (LSL) is closing the issue of 30,00,000 units of "7% Laxmi Sunrise Debenture 2092" to the general public and institutions from today, i.e., 20th Shrawan, 2083.

The debenture, with a maturity period of 10 years and a coupon rate of 7%, was open for application from the 14th Shrawan, 2083.

30,00,000 units will be issued at a par value of Rs. 1000 per unit. Out of the total units being issued 60% i.e., 18 lakh units, the total issue will be subscribed via private placement while the remaining 12 lakh units worth Rs. 1.22 Crore were open for public issue.

According to CDSC, 9820 applicants have applied for 16,48,573 units worth Rs. 1.64 arba so far. This data is as of today.

Machapuchhre Capital Limited is the issue manager. Investors can apply for a minimum of 25 units and a maximum of the total issued units.