The capital will support calibrated credit growth across retail, MSME and corporate segments. The equity shares were priced at premium to floor price of Rs.811.05 per share.
FinTech BizNews Service
Mumbai, July 21, 2025: State Bank of India (“SBI” or “the Bank”) is pleased to announce the successful completion of the qualified institutional placement (“QIP”) of its equity shares, raising ₹25,000 crore—the largest QIP ever executed in the Indian capital markets. The equity shares were priced at premium to floor price of Rs.811.05 per share.
The book received robust demand and was oversubscribed 4.5 times, reflecting strong investor confidence in SBI’s strategy and the outlook for India’s banking sector. Foreign investors accounted for 64.3% of total demand, underscoring the attractiveness of India’s growth story. Marquee long term investors received ~88% of the final allocation, including 24% of the issue size placed with foreign long-term investors.
Mr. C.S. Setty, Chairman, SBI, said: “This landmark equity raise is a vote of confidence in SBI’s solid fundamentals, prudent risk management and digital-first growth agenda. We are grateful to both domestic and international investors for their overwhelming support, which also speaks volumes about the current strength and future potential of the Indian economy.”
Use of proceeds
The capital will augment SBI’s CET-1 buffer (will improve to ~ 11.50% from 10.81% as on 31st March 2025), support calibrated credit growth across retail, MSME and corporate segments.
