SBI subsidiary SBIFM IPO price band fixed at Rs 545-574

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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

+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

+1.8+1.4+0.4+4.7-2.9

-0.5+0.8-1.4+3.2-3.7

+1.2+1.0+0.2+4.1-3.0

+1.2+0.9+0.3+3.5-2.3

+4.1+1.6+2.5+5.6-1.5

15d

+0.5+2.0-1.4+0.6-0.0

+5.1+3.4+1.7+2.8+2.3

-1.8-1.0-0.7+2.1-3.9

-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 told exchanges its subsidiary SBI Funds Management (SBIFM) IPO price band is fixed at Rs 545 to Rs 574 per share (face value Rs 1). Eligible employees get Rs 54 discount per share. The IPO is fully an Offer for Sale - SBI divesting 6.30 percent and Amundi India Holding divesting 3.70 percent of SBIFM equity. Bidding closes July 16, 2026; allotment expected around July 18, 2026.

Likely market impact

Positive for SBI as it confirms monetisation of its SBIFM stake. No fresh equity dilution; SBI only sells existing holdings, unlocking value.