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

Mumbai June 12 (IANS) 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.

--IANS
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