Disclosure under Regulation 30 of SEBI LODR Regulations
Correction to Previous Disclosure
The disclosure corrects an error in the previous intimation (letter no. CC/S&B/AND/2026-27/280 dated July 8, 2026) regarding the red herring prospectus filing. The Bid/Offer Period for Qualified Institutional Buyers (QIBs) will close on Thursday, July 16, 2026 (the Bid/Offer Closing Date), not one working day prior as previously stated.
IPO Details
- Price Band: Fixed at ₹545 to ₹574 per equity share of face value ₹1 each
- Employee Discount: ₹54 per equity share offered to eligible employees as per RHP terms
- Minimum Bid Lot: 26 equity shares and multiples thereof
- Offer Structure: Comprises offer for sale of:
- Up to 128,334,397 equity shares (6.3007% of paid-up equity) by State Bank of India
- Up to 75,374,842 equity shares (3.7006% of paid-up equity) by Amundi India Holding
- Total Offer Size: Up to 203,709,239 equity shares (10.0013% of paid-up equity share capital)
- Allotment Date: Expected on or about July 18, 2026
Financial Information of SBIFM (Fiscal 2026)
- Total Income: ₹4,969.09 crores (0.70% of SBI Group's total income)
- Reserves and Surplus: ₹3,533.09 crores (0.59% of SBI Group's reserves and surplus)
Regulatory Framework
The IPO is being conducted through the book-building process in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and remains subject to regulatory approvals and market conditions.
Legal Disclaimer
The announcement contains standard disclaimers regarding the non-registration of securities under the US Securities Act of 1933 and restrictions on offering in the United States.