| SBI Funds Management Ltd |
|
Registered Office:
9th FLR Crescenzo C-38 & 39,G Block Bandra Kurla Complex
,
Mumbai
-
400051
,
Maharashtra
, India.
Phone :
91-22-61793000 Fax:
Email : companysecretary@sbimf.com
Website : www.sbifunds.com/investor-relations
|
Initial public offering of 170,956,631 equity shares of face value of  1 each ("Equity Shares") of SBI Funds Management Limited ("the Company" or "the Company") for cash at a price of 574 per equity share (including a share premium of 573 per equity share) ("Offer Price") aggregating to 9795.32 Crores (the "Offer") through an offer for sale of 99,501,649 equity shares of face value of 1 each aggregating to 5701.16 Crores by State Bank Of India and 71,454,982 equity shares of face value of 1 each aggregating to 4094.16 Crores by Amundi India Holding (collectively referred to as "Promoter Selling Shareholders", and such equity shares so offered, the "Offered Shares", and such offer, the "Offer For Sale"). The offer includes a reservation of 270,271 equity shares of face value of 1 each, aggregating to 14.05 Crores (constituting 0.01% of the post offer paid-up equity share capital of the company, for subscription by eligible SBIFM employees (as defined hereinafter) (the "SBIFM Employee Reservation Portion"), a reservation of 2,987,076 equity shares of face value of 1 each, aggregating to 155.33 Crores (constituting 0.15% of the post offer paid-up equity share capital of the company, for subscription by eligible SBI employees (as defined hereinafter) (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 to 749.39 Crores (constituting 7.65% 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 constituted 8.39% and 7.59%, respectively, of the post-offer paid-up equity share capital of the company.
Price Band: 574 per equity share of face value of 1 each.
The floor 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 1 each and in multiples of 26 equity shares of face value of 1 each thereafter.
A discount of 54 per equity share is being offered to eligible employees bidding in the employee reservation portion. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 14-Jul-26 |
16-Jul-26 |
Rs574.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :26 Further Multiples of :26 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
9795.32 |
|
| Post Issue Equity Share Capital |
203.68 |
|
| Issue Price |
Rs574.00 |
|
|