LKP Finance
978.00
+1.95(+0.20%)
Market Cap₹1,502.40 Cr
PE Ratio827.16
Company Performance:
1D+0.20%
1M-12.96%
6M+94.98%
1Y+321.10%
5Y+767.41%
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More news about LKP Finance
07Jan 26
LKP Finance Purchases 240,000 Equity Shares In MufinPay Payment Solutions
LKP Finance Limited has strategically acquired 2,40,000 equity shares in Mufinpay Payment Solutions Private Limited for ₹5,000 per share to enhance its IT and loyalty services business capabilities. The target company, incorporated in 2022, operates in IT-enabled services with a focus on corporate reward programmes and reported a turnover of ₹1.69 crore. This acquisition represents LKP Finance's strategic expansion into technology sector markets.
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07Jan 26
LKP Finance Acquires Strategic Stake in Gyftr, Pivots to Digital Payments and Rewards Platform
LKP Finance has acquired a strategic stake in Gyftr, marking its transition from traditional NBFC operations to a platform-driven fintech ecosystem focused on digital payments and rewards. The company has applied to surrender its NBFC licence to concentrate on scalable fintech operations, leveraging its 22% stake in Mufin Pay and Mufin Pay's 100% ownership of Gyftr for operational integration. The move targets India's corporate gifting and digital rewards market, valued at ₹12,000-15,000 crore with 18-20% annual growth, and the broader loyalty market projected to exceed $65 billion by 2030.
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13Nov 25
LKP Finance Reports Q2 Profit, Navigates Leadership Change and Debt Challenges
LKP Finance Limited reported a profit of Rs 583.15 lakhs for Q2 2025. The company announced a change in leadership, with Mr. Rishi Arya replacing Mrs. Ruby Chauhan as Company Secretary & Compliance Officer effective November 14, 2025. LKP Finance wrote back Rs 1,474.24 lakhs from a long-standing loan and is facing litigation over Rs 2,122.40 lakhs in borrowings. Auditors issued a qualified opinion due to lack of loan confirmations and ongoing litigation.
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25Oct 25
LKP Finance Pivots to Digital Gifting: Board Approves Name Change to Gyftr Limited
LKP Finance Ltd announces strategic shift from financial services to digital gifting and e-commerce. Board approves name change to Gyftr Limited, modification of business objectives, and surrender of NBFC license. New focus includes digital and physical gifting, reward management, e-commerce solutions, and payment aggregator business. Changes subject to regulatory and shareholder approvals. Board meeting held on October 25, lasting from 4:00 PM to 4:45 PM.
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17Oct 25
LKP Finance Limited to Consider Name Change and NBFC License Surrender in Upcoming Board Meeting
LKP Finance Limited has scheduled a board meeting for October 25, 2025, to discuss potential changes in the company's name, alterations to the Object Clause in the Memorandum of Association, and the possibility of surrendering its NBFC license. The company has notified the Bombay Stock Exchange (BSE) about the meeting, complying with SEBI regulations. These agenda items suggest a possible strategic shift for the company, which could significantly impact its future direction and operations.
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05Sept 25
LKP Finance Unveils Rs 126 Crore Rights Issue, Offering Shares at Rs 450 Each
LKP Finance Limited has approved a rights issue to raise up to Rs 126.00 crore. The company will offer 27,93,027 new equity shares at Rs 450 per share, with a rights entitlement ratio of 6:27. The issue period is set from September 18 to 25, 2025, with a record date of September 11, 2025. This move could potentially increase the company's outstanding equity shares by 22.22%, subject to full subscription.
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27Aug 25
LKP Finance Secures BSE Approval for Rs. 126 Crore Rights Issue and Approves Additional INR 25 Crore Fundraising
LKP Finance Limited has received in-principle approval from BSE Limited for a rights issue of up to Rs. 126.00 crore. The company's Board of Directors has also approved raising up to INR 25.00 crore through private placement of NCDs with a 15% coupon rate. The NCDs will have quarterly interest payments and bullet principal repayment at maturity.
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27Jun 25
LKP Finance Unveils 1.26 Billion Rupee Rights Issue Plan
LKP Finance's board has approved a rights issue to raise up to 1.26 billion rupees. The issue will offer new shares to existing shareholders, potentially enhancing the company's capital base and providing funds for strategic initiatives. While specific terms are not yet disclosed, this move could impact the company's financial flexibility and future growth prospects.
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24Jun 25
LKP Finance to Explore Fundraising Options in Upcoming Board Meeting
LKP Finance Ltd.'s Board of Directors will meet on June 27 to explore potential fundraising avenues for the company. This strategic move could impact the company's financial structure and future growth prospects. The specific details of the fundraising plans have not been disclosed.
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26Mar 25
LKP Finance Divests Entire Stake in Bond Street Capital for ₹401.24 Crore
LKP Finance Ltd has sold its entire stake of 9,95,000 equity shares in Bond Street Capital Private Limited for ₹401.24 crore on March 26, 2025. As a result, Bond Street Capital is no longer a wholly-owned subsidiary of LKP Finance. The transaction was completed after receiving necessary approvals and was disclosed in compliance with SEBI regulations.
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LKP Finance
978.00
+1.95
(+0.20%)
1 Year Returns:+321.10%
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