I had written about LKP Finance in 2020 where the company was planning a delisting-
Watchlist Dec 2, 2020
Euphoria has a new name - Liquidity. The prism of liquidity is projecting strong green whirlpools across the American markets and within EMs FIIs have infused more than what anyone could imagine in the Indian markets. All this has led to non participants watch in disbelief as stocks are soaring to moon or maybe beyond, individual companies now have chan…
Now Mufin Green (erstwhile APM Finvest) another listed company which I had spoken about in my earlier social media posts has acquired LKP Finance and announced open offer around 250. This acquisition is most likely to strengthen Mufin’s networth given its fast paced growth or other parallel lending activities. LKP has investments and other assets far exceeding its marketcap and would be an interesting story to watch out at 330 cr odd market cap.