State Bank of India (SBIN) — Offer Document

· NSE 🔴 High Importance Neutral

State Bank of India disclosed that its subsidiary SBI Funds Management Limited filed a red herring prospectus for its IPO on July 8, 2026, offering up to 203.7 million shares representing 10.0013% of paid-up capital. The offer includes 128.3 million shares (6.3007%) from SBI and 75.4 million shares (3.7006%) from Amundi India Holding. Subscription opens July 14, 2026, and closes July 16, 2026, with anchor bids on July 13, 2026.

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About State Bank of India (SBIN)

Financial Services · Banks · Listed on NSE

Market Cap: ₹8,89,093.09 Cr P/E: 10.4

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