SBI kicks off mega QIP, sets floor price at 811.05 apiece- Daily Market Update 17th July 2025
India's largest lender State Bank of India's mega Rs 25,000-crore qualified institutional placement will open on Wednesday, according to an exchange filing. The bank has received necessary regulatory approvals and has approved the floor price for the issue at Rs 811.05 apiece. This marks a 2.5% discount as against the stock's Wednesday closing price of Rs 830.5 apiece.