State Bank of India — QIP/Rights/Pref., 21-07-2025: Allotment of Securities

State Bank of India (SBI) has successfully raised ₹24,999.99 crore through a Qualified Institutional Placement (QIP). The bank allotted 30.59 crore new equity shares to various Qualified Institutional Buyers (QIBs) at an issue price of ₹817 per share. Notable allottees include LIC, Societe Generale, and HDFC Life. This significant capital infusion will bolster SBI's capital base and increase its equity share capital, positioning it for stronger financial performance and supporting future lending activities.