SBI Bond Issue Subscribed 17 Times

IPO Initial Public Offerings

Table of Contents


SBI’s Rs 1,000-crore bond issue was subscribed 17 times. The closing date of the bond issue is October 25 but the response on the first day of the subscription from the investors were found good. SBI may close sale well ahead of schedule date. Retail Investors oversubcribed 6.4 times. SBI bond will offer an interest of 9.25% for 10 years and 9.5% for 15 years.

    Share the Post:
    Facebook
    Twitter
    LinkedIn

    Check out our in-depth IPO analysis, upcoming IPO details & get latest IPO GMP Updates on IPO Watch. Also, Watch our IPO Watch Youtube channel for latest IPO updates!. Also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

    OPEN DEMAT ACCOUNT