Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr

Versuchen GOLD - Frei

I-banks pitch for SBI mega QIP this week

Mint Mumbai

|

June 23, 2025

State Bank of India (SBI) has invited pitches from investment banks to help it raise ₹25,000 crore through a qualified institutional placement (QIP), two people aware of the matter said.

- Sneha Shah & Shayan Ghosh

I-banks pitch for SBI mega QIP this week

"The investment banks will make their presentations this week," one of the persons cited above said.

The board of India's largest bank had approved the fundraising on 3 May, its second QIP since FY18 when it raised ₹18,000 crore. A QIP is a quicker way than a rights issue or follow-on offer for a listed company to raise capital by selling shares or convertible securities to institutional buyers.

On Friday, SBI shares closed 1.29% higher at ₹795.25, in line with the benchmark Nifty index that closed at 25,112.40. SBI's market capitalization stood at ₹7.09 trillion, highest among state-run companies.

Queries emailed to SBI remained unanswered.

WEITERE GESCHICHTEN VON Mint Mumbai

Mint Mumbai

Mint Mumbai

Chip crunch hits laptops, budget smartphones

Prices of budget smartphones and laptops in India have risen by almost 10% and a further increase may be on the anvil next year.

time to read

2 mins

November 22, 2025

Mint Mumbai

Space startup Agnikul raises ₹150 crore

Aerospace startup Agnikul has raised ₹150 crore in a Series C round, two people familiar with the matter told Mint, after its earlier plan to raise up to $50 million failed to draw sufficient investor interest.

time to read

1 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

It's a new day for labour

Four consolidated codes advance equal pay for women, gig worker protection, gratuity after a year, health checks

time to read

5 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

Global giants press for PLIs on aerospace components

Airbus, Boeing, Pratt & Whitney seek production-linked incentives like the one for drones

time to read

3 mins

November 22, 2025

Mint Mumbai

Digital gold stumbles, ETFs sniff opportunity

Fund houses are promoting gold ETFs as secure, regulated, transparent

time to read

2 mins

November 22, 2025

Mint Mumbai

When the music played

For all the years it was central to entertainment and information, the television was called \"the idiot box\", and a good vs bad debate continues to swirl around it long after many have cut cable and switched to streaming.

time to read

1 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

Gratuity and benefits to soar for millions of employees

The government on Friday implemented four new labour codes, marking the biggest overhaul of workers’ laws in decades.

time to read

2 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

Rising stars of mixed-doubles table tennis

Diya Chitale and Manush Shah are the first Indians to qualify for the WTT Finals

time to read

4 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

THE AGE OF MT

In the 1990s and 2000s, MTV changed Indian pop forever through innovative programming and VJs who gained their own fandom. When did it stop experimenting?

time to read

7 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

Behind strong Q2 show, a shallow recovery

India Inc’s September-quarter print was shaped by small- and mid-cap outperformance, and sector-specific boosts for oil marketing companies, cement and consumption niches rather than a broad-based demand upturn.

time to read

3 mins

November 22, 2025

Listen

Translate

Share

-
+

Change font size