SBI’s paid-up share capital rises to Rs.863 crore

  • IANS

    IANS | Mumbai

    June 12, 2017 | 6:03 pm

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Lending major State Bank of India (SBI) on Monday said that its paid-up capital has increased to Rs.863.20 crore after its recent share placement through QIP.

"Pursuant to the allotment of equity shares in the issue, the paid-up equity share capital of the bank stands increased from Rs.810,98,57,182 to Rs.863,20,50,393 comprising 863,20,50,363 equity shares of face value of Re 1 each," the company informed the BSE in a regulatory filing.

Last week, the lending major had allotted more than 52 crore shares of face value of Re 1 each at a price of Rs.287.25 per equity share aggregating to Rs 14,999 crore to 61 "successful eligible investors".

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