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SBINNSEState Bank of India· BanksHighNeutral
Announced Wed, 8 Jul, 2026 · 20:27 IST

SBI subsidiary SBIFM files RHP for IPO, subscription July 14-16

Ipo Quality AnchorCapital Market Events View source PDFExplain this filing

SBIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.4%Reaction day
₹1018.60
prior close
₹1019.80
announcement price
After-mkt
timing
Nifty 100market+0.4%-0.0% vs market
Public Sector Bank peers, median of 11sector+2.0%-1.6% vs sector

On the reaction day the stock moved in line with Nifty 100 and 1.6 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.2
10m
+0.3
15m
+0.2
30m
+0.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.4+0.4-0.0+2.0-1.6
Next day
+1.7+1.5+0.2+4.2-2.5
2d
+1.8+1.4+0.4+4.7-2.9
3d
-0.5+0.8-1.4+3.2-3.7
4d
+1.2+1.0+0.2+4.1-3.0
5d
+1.2+0.9+0.3+3.5-2.3
1w
+4.1+1.6+2.5+5.6-1.5
15d
+0.5+2.0-1.4+0.6-0.0
1m
+5.1+3.4+1.7+2.8+2.3
2m
-1.8-1.0-0.7+2.1-3.9
3m
-5.8-5.4-0.5-1.8-4.1
UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.