The Lakshmi Vilas Bank Shares float
What is the Shares float of The Lakshmi Vilas Bank?
The Shares float of The Lakshmi Vilas Bank Limited is 258.892M 76.89%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Finance sector on NSE compared to The Lakshmi Vilas Bank
What does The Lakshmi Vilas Bank do?
The Lakshmi Vilas Bank Limited provides various banking products and services in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, salary, retail institutional, current, and institutional accounts, as well as fixed and recurring deposits; and personal and commercial vehicle, home, jewel, education, deposit, agriculture term, business term, and rental loans, as well as loans against properties and securities. It also provides life, health, and general insurance products; mutual funds; online trading accounts; merchant and cash management services; credit, debit/ATM, prepaid, and gift cards; bill payment and money transfer services; NRI, mobile, and corporate banking services; and safe deposit lockers. In addition, the company offers forex, and export and cash credit services. As of March 31, 2020, it operated a network of 566 branches comprising 558 general banking branches, 7 commercial banking branches, and 1 satellite branch, as well as 7 extension counters and 973 ATMs. The company was founded in 1926 and is based in Chennai, India.
Companies with shares float similar to The Lakshmi Vilas Bank
- Jingjin Environmental Protection Co has Shares float of 258.438M 62.74%
- NXP Semiconductors N.V has Shares float of 258.694M 87.54%
- Bortex Global has Shares float of 258.720M 51.74%
- Wing Chi has Shares float of 258.751M 27.71%
- Luzheng Futures has Shares float of 258.811M 93.40%
- Kinnevik AB has Shares float of 258.831M 107.08%
- The Lakshmi Vilas Bank has Shares float of 258.892M 76.89%
- SinoMab BioScience has Shares float of 259.218M 25.76%
- Klondike Silver has Shares float of 259.330M 98.92%
- Lucero has Shares float of 259.334M 39.15%
- Canadian Overseas Petroleum has Shares float of 259.371M 157.89%
- Lapco has Shares float of 259.400M 64.85%
- Organto Foods has Shares float of 259.421M 93.52%