State Bank of India (SBIN) — Offer Document

· NSE 🔴 High Importance Neutral
📢 Key Event
SBI announces Rs. 574 per share price for SBI Funds Management IPO
🔄 What Changed
Price per share and employee discount amount disclosed
💡 Investor Takeaway
Investors should note the fixed offer price and employee discount as key terms of the upcoming IPO.

State Bank of India announced the price band and employee discount for its subsidiary SBI Funds Management's upcoming IPO. The offer price is set at Rs. 574 per share, with eligible employees receiving a Rs. 54 discount. The filing references regulatory compliance and disclosures under SEBI LODR, confirming the pricing details and procedural updates for the public offering.

📄 View Original Announcement (PDF)

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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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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