Qip

SBI may not need equity for 6 yrs, to raise ₹12,500 cr via bonds: Setty

SBI Chairman C S Setty has said that Rs 25,000 crore equity capital raised through the qualified institutional placement route earlier this year would support Rs 12 lakh crore credit growth and maintain a capital adequacy ratio of 15 per cent over 5-6 years. On the debt capital side, he said, the bank would mobilise Rs 12,500 crore through bonds as part of a periodic exercise. "Even before this QIP was raised, our ability to fund credit growth has never been a problem. We wanted to strengthen the capital ratios, so we have done that. Our long-term strategy is to maintain CRAR at 15 per cent and Common Equity Tier 1 at 12 per cent," he told PTI in an interview. This kind of Capital to Risk Asset Ratio (CRAR) gives the bank the ability to fund advances over Rs 12 trillion, he said. "With a profit rate what we have today, if the same profitability is maintained for another 5-6 years, we may not require any capital raising, at least on the CET 1 part," he said. SBI in July this year .

Asahi India Glass hits new high on heavy volumes; up 27% against QIP price

Share price of Asahi India Glass hit a new high of ₹1,072.95, as they rallied 9 per cent on the BSE in Monday's intra-day trade amid heavy volumes.

Rossell Techsys' Board to raise ₹300 crore via QIP, other instruments

Aerospace and defence engineering solutions provider Rossell Techsys on Monday said its Board has approved a proposal to raise up to Rs 300 crore through various instruments, including QIP, to fuel its next phase of growth. Rossell Techsys said it anticipates growth opportunities in its existing operations and continues to evaluate avenues for organic expansion. Rossell Techsys Limited's Board of Directors has approved a fundraise of up to Rs 300 crores. The capital will be raised through the issuance and allotment of fully paid-up equity shares and/or other eligible securities, including through a Qualified Institutions Placement (QIP), in accordance with applicable law, the company said in a statement. It has already initiated a postal ballot seeking shareholder approval, with e-voting scheduled from November 4 to December 3. "This capital infusion will support the company's growth and capability expansion plans and strengthen our financial position, enabling us to continue build

Swiggy's board to discuss ₹10,000 crore fundraise plan to fuel growth

Food delivery and quick commerce firm Swiggy, which owns Instamart, on Thursday said its Board will meet on November 7 to consider and approve a proposal to raise Rs 10,000 crore through a qualified institutional placement. Swiggy said the external environment is competitive and dynamic, and hence the company's board will consider raising additional funds. "With the current cash balance to be further bolstered by the Rs 2,400 crore Rapido divestment, we feel comfortable about our overall balance sheet strength, and are well-funded for our growth ambitions," Swiggy said in a letter to shareholders. "However, the external competitive environment is dynamic, and legacy and new players continue to attract investments to the sector. This has necessitated a conversation with the Board to consider additional fundraising, which will give us access to sufficient growth capital while enhancing our strategic flexibility. Hence, the Swiggy Board will be meeting on 7 November 2025, to consider a

27 issuers and one mega deal: 2025 QIP issuances tell a split story

SBI's ₹25K crore fundraise hides a stark contrast - most companies trail last year's pace

₹25,000 cr QIP shows investor confidence, to boost credit growth: SBI chief

SBI chairman C S Setty on Wednesday said the Rs 25,000-crore capital raise through the qualified institutional placement (QIP) route is a vote of confidence on the country's largest lender and also the Indian economy. Speaking at a ceremony at the NSE to mark the the fund raise as India's biggest share sale ever, Setty said the capital will be deployed for asset growth. He also said that even before the QIP, the bank was in a position to support asset growth of up to Rs 6 lakh crore, but the fund raise will be of help for it. "This landmark equity issue is a vote of confidence in SBI's strong fundamentals, potential risk management and the customer centricity with the digital first approach," Setty said. Thanking the investors led by state-run life insurance behemoth LIC for the response to the issue, which received bids of over Rs 1.12 lakh crore and was over-subscribed by over four times, Setty also spelled out the revised capital levels. The common equity tier-I capital will ..

Post QIP, SBI's CET1 capital rises to 11.5%; LIC invests ₹5,000 crore

SBI's recent QIP was oversubscribed 4.5 times, raising Rs 25,000 crore and boosting CET1 capital to 11.5%. LIC invested Rs 5,000 crore, increasing its stake in SBI to 9.49%

SBI stock hits highest level in CY-2025 on QIP plan; more upside ahead?

SBI stock trades at 2025 high; bank remains well-poised to sustain its growth momentum, supported by its comfortable LDR, which provides it with levers to accelerate credit growth, analysts.

QIP fundraising revives in June after a tepid first five months of 2025

₹14,000 crore raised as firms tap improved valuations, liquidity

SBI eyes ₹25,000 crore via record QIP, sets floor at 2.5% discount

The bank's board approved another ₹20,000 crore fund raise by issuing bonds

SBI, other public sector banks to raise $5.25 bn through QIPs in FY26

State-run banks, led by SBI, plan to raise ₹450 billion via QIP in FY26, with the government also targeting stake sales in multiple PSU banks by October

Navin Fluorine shares rise 3% on launching QIP to raise ₹750 crore

Navin Fluorine shares rose over 3 per cent after the company announced the launch of its QIP to raise ₹750 crore

Decision on merger with Biocon Biologics soon, says Siddharth Mittal

We are talking about the GLP-1 opportunity and our strong franchise in insulins. There is a huge demand in the global diabetes-obesity segment, said Siddharth Mittal

Kaynes Technology gains 4% after launching QIP to raise ₹1,600 cr; Details

Kaynes Technology share price rises 3.9 per cent after the company launched its QIP; Check floor price and other key details

Biocon launches Rs 4,500-crore QIP; to issue 11.6% of equity base

Biocon opens Rs 4,500-crore qualified institutional placement to repay debt, invest in Biocon Biologics and meet general corporate obligations

Ireda raises over ₹2,000 crore via QIP from domestic, foreign investors

State-owned IREDA has raised over Rs 2,000 crore through the issuance of qualified institutions placement. The qualified institutions placement (QIP) issue, which was open from June 5-10, received an encouraging response from both domestic and foreign qualified institutional buyers (QIBs), including insurance companies, scheduled commercial banks and foreign portfolio investors. The board has approved the allotment of equity shares to eligible qualified institutional buyers in its meeting held on Wednesday. The QIP was oversubscribed with bids amounting to Rs 2,005.90 crore against the base issue size of Rs 1,500 crore, achieving a subscription of 1.34 times. The capital was mobilised by issuing 12.15 crore equity shares at Rs 165.14 per share, which includes a premium of Rs 155.14 per share over the face value of Rs 10, IREDA said. The issue price of Rs 165.14 reflects a discount of 5 per cent to the floor price of Rs 173.83 per equity share. The capital raised through this issu

Uco Bank plans to raise ₹2,700 cr in FY26 via QIP in tranches: MD & CEO

In Q4 FY25, we recovered around Rs 1,666 crore, taking the total recovery for the full year to Rs 4,400 crore, Ashwani Kumar said

Ireda share price slips 2% after company launches ₹5,000 crore QIP

Ireda share price declines after the company launched ₹5,000 crore QIP; check floor price and other details here

Smallcap stock hits new high in weak market; up 70% from May-month low

At 02:35 PM; Centum Electronics was trading 11 per cent higher at ₹2,510.80, as compared to 1.1 per cent decline in the BSE Sensex.

SBI dips 3% on profit booking on fund raising plan; should you buy or hold?

SBI's board, at a meeting scheduled for May 3, 2025, is expected to discuss and approve the proposal for raising equity during FY26.