Initial public offering of 170,956,631 equity shares of face value of Rs. 1 each ("Equity Shares") of SBI Funds Management Limited ("the Company" or "the Company") for cash at a price of Rs. 574 per equity share (including a share premium of Rs. 573 per equity share) ("Offer Price") aggregating to Rs. 9795.32 Crores (the "Offer") through an offer for sale of 99,501,649 equity shares of face value of Rs. 1 each aggregating to Rs. 5701.16 Crores by State Bank Of India and 71,454,982 equity shares of face value of Rs. 1 each aggregating to Rs. 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 Rs. 1 each, aggregating to Rs. 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 Rs. 1 each, aggregating to Rs. 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 Rs. 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: Rs. 574 per equity share of face value of Rs. 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 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.