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Initial public offering of up to 170,956,631 equity shares of face value of Rs. 1/- each (Equity Shares) of SBI Funds Management Limited (the Company) for cash at a price of Rs. 545-574 per equity share (including a share premium of Rs. 544-573 per equity share) (Offer Price) aggregating up to Rs. 9317.14-9812.91 Crores (the Offer) through an offer for sale of up to 99,501,649 equity shares of face value of Rs.1/- each aggregating up to Rs. 5422.84-5711.39 Crores by State Bank Of India and up to 71,454,982 equity shares of face value of Rs.1/- each aggregating up to Rs. 3894.30-4101.52 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 Rs. 1 each, aggregating up to Rs. 14.73-15.51 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 Rs. 1 each, aggregating up to Rs. 162.80-171.46 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 Rs. 711.53-749.39 Crores (constituting up to 7.64% 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 8.39% and 7.59%, respectively, of the post-offer paid-up equity share capital of the company.Price Band: Rs. 545 to Rs. 574 per equity share of face value of Rs. 1 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 Rs. 1 each and in multiples of 26 equity shares of face value of Rs. 1 each thereafter.A discount of Rs. 54 per equity share is being offered to eligible employees bidding in the employee reservation portion.
The shares of SBI Funds Management Ltd were first listed on the stock exchanges on 21 Jul 2026.
The total issue size of the SBI Funds Management Ltd IPO is 9812.91
The minimum lot size for SBI Funds Management Ltd public issue was 26.00 shares.
The price band of the IPO of SBI Funds Management Ltd was 545.00 to 574.00 per equity shares.
Our Company was originally incorporated as `SBI Funds Management Private Limited' as a private limited company under the Companies Act, 1956, at Mumbai, Maharashtra, pursuant to a certificate of incorporation dated February 7, 1992 (Original COI) issued by the Registrar of Companies, Maharashtra. Pursuant to an intimation made by our Company under Section 43A(2) of the Companies Act, 1956, our Company was converted to a public limited company and the name of our Company changed to `SBI Funds Management Limited'. Consequently, the Original COI was amended by the Registrar of Companies, Maharashtra to reflect such change in our name w.e.f. June 30, 1992. Following the subsequent deletion of Section 43A(2) of the Companies Act, 1956, our Company was converted to a private limited company pursuant to the resolutions of our Board and our Shareholders each dated May 16, 2001, and the name of our Company was changed to `SBI Funds Management Private Limited'. Consequently, the Original COI was amended by the Registrar of Companies, Maharashtra to reflect such change in our name w.e.f. August 24, 2001. Subsequently, our Company was converted to a public limited company and the name of our Company changed to `SBI Funds Management Limited' pursuant to a resolution of our Board dated October 22, 2021and our Shareholders dated November 23, 2021, and a fresh certificate of incorporation dated December 16, 2021 was issued by the Registrar of Companies, Maharashtra at Mumbai.
KFin Technologies Ltd is the registrar and share transfer agent of SBI Funds Management Ltd IPO.
