SBI Sets QIP Floor Price at ₹811

  Published 1 year ago

SBI board approves QIP opening on July 16, 2025, with a floor price of ₹811.05, offering a possible 5% discount.

  • Floor price set 2.47% below last BSE closing price; final issue price to be decided with lead managers.
  • QIP aims to raise capital for growth and operational needs amid ongoing banking sector expansion.
  • Government of India remains the majority stakeholder in SBI, holding 57.43% as of March 31, 2025.

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