FREQUENTLY ASKED QUESTIONS (FAQS)
Listed below are some of the most commonly asked questions about SBICAP
These are just FAQs and not a comprehensive list. For more information you may contact us directly.
What is the shareholding pattern of SBICAP?
SBICAP was set up as a wholly owned subsidiary of State Bank of India (SBI), India's largest Commercial Bank. In 1997, Asian Development Bank (ADB) picked up a 13.84% stake in SBICAP. The ADB's stake was purchased by SBI in March 2010 and SBICAPS is once again a wholly owned subsidiary of SBI.
What is the relationship between SBI and SBICAP?
SBICAP was set up as a wholly owned subsidiary of SBI and even today, apart from the Chairman, the top management of SBICAP is almost entirely composed of executives on deputation from SBI. There is thus a constant interaction between the two organisations, especially at the higher levels. Further, SBI and SBICAP operate in complementary fields, and synergies are leveraged with SBI as well as other government companies. Despite this, SBI and SBICAP maintain a formal relationship as is necessary between a Commercial Bank and an Investment Bank.
Is SBICAP associated with any international agencies?
Unlike other domestic investment banks, SBICAP does not have a formal tie-up with any international investment bank. SBICAP does, however tie-up with international investment banks on a case to case basis for specific assignments.
What is the range of services offered by SBICAP?
SBICAP offers a gamut of investment banking services, which include the following:
- Mergers & Acquisitions and Advisory (including Privatisation, Business / Financial Restructuring & Business / Financial Valuations)
- Project Advisory and Structured Finance
- Capital Markets (including Public Issues, Rights Issues & Private Placement of Debt and Equity)
- Broking Services
- Financial Engineering
- Resource Mobilisation through Capital Markets
Does SBICAP have a broking network?
SBICAP commenced broking operations in March 2001 and is a member of the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). At present, we offer equity and debt broking services only to institutional clients.
Does SBICAP concentrate on clients from the Public Sector?
SBICAP has the privilege of having prestigious Government undertakings as well as private sector corporates on its client list. We have strong business relations with various government bodies, PSUs and at the same time, we have also private sector corporates such as Reliance, Tata Group, Birla Group, Wipro, Hyundai, Essar, PRG, Petronet, Mascot, Tractebel etc. as our clients.
What is the role of SBICAP’s corporate and regional offices?
SBICAP’s corporate office is located in Mumbai. While product execution is centralised at the corporate office, SBICAP’s six regional offices function as relationship and sales outlets
What is the staff profile of SBICAP?
The SBICAP workforce is a perfect blend of experience and expertise. It has a combination of professionals from SBI, MBAs/CAs and experienced lateral recruits from the market. Out of the total of 285 employees, 31 are executives on deputation from the SBI and 208 are directly recruited managerial staff. 80% of the direct recruits are MBAs from India's leading business schools and 20% are chartered accountants.