Announced Wed, 8 Jul · 20:27 IST
SBI subsidiary SBIFM files RHP for IPO, subscription July 14-16
SBIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹1018.60
prior close
₹1019.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.3+0.2+0.3+1.7+1.8-0.5+1.2+1.2+4.1————
Up moveDown movePending
AI summary
SBI's subsidiary SBI Funds Management (SBIFM) filed its Red Herring Prospectus on July 8, 2026 for an IPO that is purely an Offer for Sale of up to 20.37 crore shares, about 10% of paid-up equity. SBI is selling 6.3% and Amundi India Holding 3.7%; no fresh shares are issued. Anchor investor bidding is July 13, public subscription runs July 14-16, and allotment is expected around July 18. SBIFM reported FY26 total income of Rs 4,969 crore.
Likely market impact
SBI monetises a small slice of its mutual fund arm via OFS, no fresh capital raised. Listing may lift SBIFM valuation, but direct earnings impact on SBI is limited.