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SBI Funds Management Ltd
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Registered Office:
9th FLR Crescenzo C-38 & 39,G Block Bandra Kurla Complex
,
Mumbai
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400051
,
Maharashtra
, India.
Phone :
91-22-61793000 Fax:
Email : companysecretary@sbimf.com
Website : www.sbifunds.com/investor-relations
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Initial public offering of up to 203,709,239 equity shares of face value of Rs1/- each ("Equity Shares") of SBI Funds Management Limited ("the Company") for cash at a price of Rs545-574 per equity share (including a share premium of Rs544-573 per equity share) ("Offer Price") aggregating up to Rs11102.15-11692.91 Crores (the "Offer") through an offer for sale of up to 128,334,397 equity shares of face value of Rs1/- each aggregating up to Rs6994.22-7366.39 Crores by State Bank Of India and up to 75,374,842 equity shares of face value of Rs1/- each aggregating up to Rs4107.93-4326.52 Crores by Amundi India Holding (collectively referred to as "Promoter Selling Shareholders", and such offer, the "offer for sale"). The offer includes a reservation of up to 270,271 equity shares of face value of Rs1 each, aggregating up to Rs14.73-15.51 Crores (constituting up to 0.01% of the post offer paid-up equity share capital of the company, for subscription by eligible SBIFM employees (the "SBIFM Employee Reservation Portion"), a reservation of up to 2,987,076 equity shares of face value of Rs1 each, aggregating up to Rs162.80-171.46 Crores (constituting up to 0.15% of the post offer paid-up equity share capital of the company, for subscription by eligible SBI employees (the "SBI Employee Reservation Portion" and collectively with SBIFM employee reservation portion, the "Employee Reservation Portion") and a reservation of up to 13,055,629 equity shares aggregating up to Rs711.53-749.39 Crores (constituting up to 6.41% of the offer size), for subscription by eligible SBI shareholders (as defined hereinafter) ("SBI Shareholder Reservation Portion"). The offer less the SBIFM employee reservation portion, sbi employee reservation portion and sbi shareholder reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 10% and 9.20%, respectively, of the post-offer paid-up equity share capital of the company.
Price Band: Rs545 to Rs574 per equity share of face value of Rs1 each.
The floor price is 545 times the face value of the equity shares and the cap price is 574 times the face value of the equity shares.
Bids can be made for a minimum of 26 equity shares of face value of Rs1 each and in multiples of 26 equity shares of face value of Rs1 each thereafter.
A discount of Rs54 per equity share is being offered to eligible employees bidding in the employee reservation portion.
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Opens On
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Closes On
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Application
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Allotment
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14-Jul-26
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16-Jul-26
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Rs 545.00-574.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :26 Further
Multiples of :26
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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0.00
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Project Financed through Current Offer
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11102.15
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Post Issue Equity Share Capital
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224.05
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Issue Price
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Rs 545.00
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