LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares worth Rs 5,000 croreLIC increased its stake in SBI from 9.21% to 9.49% through participation in SBI’s record Rs 25,000 crore QIP. The offering saw overwhelming...
21 Jul, 2025, 07.59 PM IST
Torrent Power raises Rs 3,500 crore in maiden QIP"The strong response to the QIP is a testament to the market's conviction in the Torrent's growth strategy, execution capabilities, operati...
10 Dec, 2024, 06.09 AM IST
Torrent Power's Rs 3,500 cr QIP over subscribed 4 timesTorrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue rece...
09 Dec, 2024, 09.48 PM IST
INQ Holdings, SBI funds, Citigroup biggest buyers in Adani Energy's $1 billion QIPThe Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solutions Ltd (AESL), which closed last week,...
04 Aug, 2024, 01.21 PM IST
LIC, SBI Life, Canara Bank pick up stakes in Indian BankIndian Bank's shares closed at Rs 148.35 apiece on the BSE, up 0.64 per cent from the previous close.
25 Jun, 2021, 10.02 PM IST
Kotak, HSBC, SBI Cap, CLSA, BoAML to manage SBI QIPTen companies raised Rs 6,107 crore through QIPs in nine months to December.
11 Jan, 2019, 11.00 AM IST
LIC corners 38.67% of SBI's Rs 15,000 crore QIPFollowing the investment, the shareholding of LIC in the SBI has increased to nearly 10.6 per cent from 8.6 per cent.
19 Jun, 2017, 07.54 PM IST
Investment banks to share Re 1 fee for SBI's QIP issueFour global and four domestic investment banks agree to work for the lowest fee in any capital market transaction as they did not want to m...
19 Mar, 2015, 12.54 PM IST
Companies raise over $4-billion from QIP in FY15; $3-billion more in pipelineCos that have lined up their respective QIPs, where shares are issued to institutional investors, include public sector banking giant SBI.
08 Mar, 2015, 12.46 PM IST
Low feat by banking stocks forces banks to delay qualified institutional placement (QIP) plansWeak performance of the banking stocks is forcing public sector lenders to defer their plans to raise money through QIP route to the next f...
05 Mar, 2014, 04.53 PM IST
State Bank of India rallies over 1% on fund raising plansSBI pared some of the morning gains and was trading 0.5 per cent higher at Rs 1604. It hit a low of Rs 1601.90
29 Jan, 2014, 09.38 AM IST
SBI undecided on QIP issue due to weak market conditionsSBI today said it has not taken a call on its proposed Rs 11,500 crore qualified institutional placement as markets remain weak.
28 Jan, 2014, 01.49 AM IST
No new capital needed for 2 years post Rs 11.5K cr QIP: SBISBI will not require fresh capital for two years after its forthcoming Rs 11,500 crore qualified institutional placement goes through.
03 Jan, 2014, 03.30 PM IST
SBI gets shareholders' nod for Rs 11,500 crore QIPSBI has got shareholders' approval for raising up to Rs 11,500 crore by way of Qualified Institutional Placement or public offer.
01 Jan, 2014, 01.34 AM IST
SBI's Rs 9,576-crore QIP to come before March 2014: Arundhati BhattacharyaSBI will raise Rs 9,576 crore through institutional placement of shares and the issue would come out before March 2014.
11 Dec, 2013, 07.26 PM IST
Govt okays SBI plan to raise Rs 9,576 crore via QIP this fiscalRaising of the capital will subject to requisite approvals from the shareholders and the RBI, the bank said.
09 Dec, 2013, 09.22 PM IST
Nod likely for State Bank of India’s Rs 8,000-crore QIP or FPOFinMin is likely to allow SBI to raise around Rs 8,000 crore of equity capital either through a QIP or FPO.
10 Oct, 2013, 03.39 AM IST