Key Quantitative Figures
Pre-IPO Transaction (Completed):
- Secondary sale by State Bank of India of 28,832,748 Equity Shares (1.4156% of pre-Offer share capital)
- Sale price: ₹574.00 per Equity Share
- Aggregate consideration: ₹1,655.00 crores
- Number of investors: 30
Revised IPO Structure:
- Total offer for sale: Up to 170,956,631 equity shares (8.3933% of paid-up equity share capital)
- State Bank of India offer: Reduced from up to 128,334,397 shares (6.3007%) to up to 99,501,649 shares (4.8851%)
- Amundi India Holding offer: Up to 71,454,982 shares (3.5082%)
Financial Context (SBIFM Fiscal 2026):
- Total income: ₹4,969.09 crores (0.70% of SBI Group Total Income)
- Reserves and Surplus: ₹3,533.09 crores (0.59% of SBI Group reserves and surplus)
IPO Pricing Details:
- Price band: ₹545 to ₹574 per Equity Share
- Employee discount: ₹54 per Equity Share for Eligible Employees
Parties Involved
- Issuer: SBI Funds Management Limited (SBIFM)
- Selling shareholders: State Bank of India, Amundi India Holding
- Regulator: SEBI, Registrar of Companies (Mumbai - I)
- Stock exchanges: BSE Limited, National Stock Exchange of India Limited
Transaction Status
The IPO remains subject to receipt of regulatory approvals, market conditions and other considerations. The offer will be made through the book building process in accordance with SEBI ICDR Regulations.
Additional Information
The disclosure includes a standard disclaimer that the announcement does not constitute an offer of securities in the United States or any jurisdiction where such offer would require registration.