January 20, 2017 3:51 PM ET

Capital Markets

Company Overview of SBI Capital Markets Limited

Company Overview

SBI Capital Markets Limited was founded in 1986 and is based in Mumbai, India. As of August 1, 1986, SBI Capital Markets Limited operates as a subsidiary of State Bank of India.

202, Maker Tower 'E'

Cuffe Parade

Mumbai,  400 005

India

Founded in 1986

Phone:

91 22 2217 8300

Fax:

91 22 2218 8332

Key Executives for SBI Capital Markets Limited

Executive Vice President
Company Secretary
Managing Director of SBICAP Securities Limited
Compensation as of Fiscal Year 2016.

SBI Capital Markets Limited Key Developments

SRS Puts Multiplex Business Up For Sale

SRS Limited (BSE:533569) has put its multiplex business up for sale. SRS has appointed SBI Capital Markets Limited to sell off the asset, in order to pare the its debt. Also State Bank of India is lead lender for SRS. Jitin Sadana, Vice President of Strategy & Planning in SRS Group, said, "Jewellery is our core business, which contributes to almost 90% of the group’s income. There have been strikes, which affected the business, followed by the slump. This resulted in delaying our debt repayment. We had two options, either to delay more, or sell of some assets and pare the debt. So, we suggested our lead banker to sell of the multiplex assets." SBI Capital will be opening the technical bids for SRS Cinemas, following which negotiations on financial bidding will take place. All the major players are expected to take part in the bidding.

Monnet Ispat's Lenders Restart Stake Sale Process

Monnet Ispat and Energy Limited (BSE:513446)'s (Monnet Ispat) lenders have restarted the process of selling a majority stake in Monnet Ispat. SBI Capital Markets Limited has been appointed by the lenders to manage the sale. The transaction entails investment of at least 26% (upto 51%) equity stake in Monnet Ispat along with management control. The last date for submission of expression of interest is January 10, 2017.

National Stock Exchange of India IPO Delayed

NSE will list only after allegations of unfair access are resolved. Ashok Chawla Chairman of National Stock Exchange of India Ltd. said that the bourse’s share sale is likely to happen in the beginning of the April-June quarter after it hires a new Managing Director

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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