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SBI’s ₹25,000 Crore Share Sale Sets New Benchmark for Institutional Appetite

Updated: July 22, 2025 08:48

Image Source : Business Today
State Bank of India has successfully completed India's largest-ever Qualified Institutional Placement, raising ₹25,000 crore in record issue of shares. The issue was 4.5 times subscribed, an indicator of investor faith in the bank's growth story and economic future of India.
 
Key Points:
 
- ₹1.1 lakh crore bids by nearly 120 institutional investors
 
- Previously distribution allotted 88 percent to marquee long-term investors
 
- Foreign investors contributed 64.3 percent of the aggregate demand
 
- ₹817 valued shares, slightly more than the floor price of ₹811.05
 
Strategic Impact:
 
- Capital injection will increase SBI's CET-1 ratio to 10.81 percent to 11.50 percent
 
- Facilitate credit expansion in retail, MSME, and corporate segments
 
- Share of the government to decrease from 57.43 percent to around 55 percent
 
Source: The Hindu BusinessLine, CNBC TV18, Economic Times

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