SBI share price: Rs 9000 investment turned into Rs 10 lakh; how multibagger PSU State Bank of India multipled investors' money | Calculation Explained

SBI Share Price, Multibagger Stock: State Bank of India, India’s largest lender, has reported a profit of 6 per cent year-on-year (YoY) increase to in its standalone profit to Rs 19,684 crore for the January-March quarter of the financial year 2025-26 compared with Rs 18,643 crore reported in the corresponding quarter of the last year.

For the full year, the state-owned lender reported its highest-ever annual net profit, crossing Rs 80,000 crore. In contrast, at the time of its inception back in 1955, SBI’s profit stood at just Rs 1.36 crore.

The benefits of the PSU lender’s robust growth are also accruing to its shareholders, for whom the banking stock has proven to be nothing short of a ‘returns machine.’

SBI IPO launched in 1993 at Rs 90 per share

SBI launched its initial public offering (IPO) in 1993, with an issue price of Rs 90 per share. In December 1993, SBI issued 12.4 crore equity shares, each with a face value of Rs 10. These shares were issued at a premium of Rs 90.

Of these, 2.45 crore shares were reserved for allotment on a preferential basis to financial institutions and mutual funds. The remaining shares were issued to the general public. The shares of SBI were listed on the stock exchange in 1995.

However, precise data regarding the specific price at which the listing took place is not available. Nevertheless, those purchasing the shares for the first time had to pay Rs 90 per share. At present, SBI share price, with a face value of Rs 1, has reached a price of Rs 974.70.

SBI has undergone a split only once in its history. The public sector bank executed a stock split on November 20, 2014, splitting the shares in a ratio of 10:1. This meant that a single share with a face value of Rs 10 was split into 10 shares, each with a face value of Rs 1.

What this meant for those holders who bought 100 SBI shares in 1995?

If someone had purchased 100 shares of SBI in 1995, it meant they had to invest Rs 9,000, calculated at a rate of Rs 90 per share. Subsequently, after the stock split in 2014, those 100 shares grew into 1,000 shares. The price per share now stands at Rs 974.70.

Consequently, the total value of the original 100 shares rose to Rs 9,74,700. In other words, an initial investment of Rs 9,000 has now grown to around Rs 10 lakh.

SBI has announced a final dividend of Rs 17.35 per share for the financial year 2026. The stock boasts an exceptionally strong dividend history and has consistently rewarded investors with cash payouts.

Since 2003, SBI has distributed dividends totaling approximately Rs 350 per share to its investors.

May 8, 2026: Rs 17.35 (Final Dividend)

May 16, 2025: Rs 15.90 (Final Dividend)

May 22, 2024: Rs 13.70 (Final Dividend)

May 31, 2023: Rs 11.30 (Final Dividend)

May 25, 2022: Rs 7.10 (Final Dividend)

June 3, 2021: Rs 4 (Final Dividend)

May 26, 2017: Rs 2.60 (Final Dividend)

June 3, 2016: Rs 2.60 (Final Dividend)

May 28, 2015: Rs 3.50 (Final Dividend)

May 29, 2014: Rs 15 (Final Dividend)

March 11, 2014: Rs 15 (Interim Dividend)

May 28, 2013: Rs 41.50 (Final Dividend)

May 24, 2012: Rs 35 (Final Dividend)

May 20, 2011: Rs 30 (Final Dividend)

June 9, 2010: Rs 20 (Final Dividend)

February 5, 2010: Rs 10 (Interim Dividend)

June 10, 2009: Rs 29 (Final Dividend)

May 29, 2008: Rs 21.50 (Final Dividend)

June 13, 2007: Rs 14 (Final Dividend)

June 19, 2006: Rs 14 (Final Dividend)

June 17, 2005: Rs 12.50 (Final Dividend)

June 25, 2004: Rs 11 (Final Dividend)

July 4, 2003: Rs 8.50 (Final Dividend)

On Tuesday, the shares SBI ended at Rs 974.70, up 1.20 or Rs 0.12 per cent from the previous close of Rs 973.50, on the BSE.

In the last 10 years, shares of SBI have given a return of 417.36 per cent while in 5 yars, it increased by 164.97 per cent, 68.60 per cent in three years, 19.11 per cent in two years and 21.59 per cent in one year, respectively.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)