Issuer Details
- India’s 6th largest Public Sector Bank with a rich legacy of over 118 years
- Diversified asset book over INR 5,400 Bn with a focus on RAM and Mid Segment Advances alongside an improving risk profile through reduced NPAs and improved provisioning
- Bank has a large global deposit base over INR 7,000 Bn with focus on low-cost deposits
- Bank has a physical footprint across India with presence in 28 states and 7 UTs and operates in 15 countries with branches in major financial centres
Key Transaction Highlights
- SBICAPS – Investec delivered stellar performance with the highest procurement amongst 7 BRLMs at 29% of the total book
- SBICAPS – Investec was crucial in converting marquee long-only investors across domestic MFs, Insurance companies & FIIs
- SBICAPS played a crucial role as the post-issue banker enabling a seamless and successful closure
- SBICAPS helped the Bank achieve its strategic objective of raising growth capital while achieving minimum public shareholding
Issue Details
| Issue Size | INR 4,500 Cr | |
| Issue Price | INR 100.20 per share | |
| SEBI Floor Size | INR 105.42 per share | |
| Issue launch Date | 5th Dec 2023 | |
| Overall Subscription | 4.11x |
