July, 18 2025 Friday 01:23 Hrs
  • SENSEX :   82,259.24

  • Top commodity trading and broking companies in India-375.24( -0.45%) 17-Jul-2025
top-arrow-market
Sensex 82259.24 -375.24  (-0.45) 17-Jul-2025
Previous Day Close
82634.48
Today's High/Low
High Low
  •  
  •  
82757.09 82219.27

Company News Details

State Bank of India
Industry :  Banks - Public Sector
BSE Code
ISIN Demat
Book Value()
500112
INE062A01020
463.6684834
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
SBIN
10.47
742126.78
EPS(TTM)
Face Value()
Div & Yield %
79.46
1
1.91
 

State Bank of India
State Bank of India launches QIP with floor price of Rs 811.05/share
Jul 17,2025
The company's board authorized and declared the opening of the issue on Wednesday, 16 July 2025.

The floor price of Rs 811.05 is at a discount of 2.47% to the scrip’s previous closing price of Rs 831.55 on the BSE.

The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the book running lead managers appointed for the issue.

The State Bank of India (SBI) is an Indian multinational, public-sector banking, and financial services statutory body. As of 31 March 2025, the Government of India held a 57.43% stake in the bank.

The bank’s standalone net profit declined by 9.93% year-on-year (YoY) to Rs 18,642.59 crore in Q4 FY25, compared to Rs 20,698.35 crore reported in Q4 FY24. However, total income increased 12.04% YoY to Rs 1,43,876.06 crore in the quarter ended 31 March 2025.

The scrip rose 0.52% to currently trade at Rs 835.90 on the BSE.

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.