STATE BANK OF INDIA (SBIN)
Update on IPO of SBI Funds Management Limited
Update on IPO of SBI Funds Management Limited
- SBI entered share purchase agreements on July 9, 2026
- Selling 2.88 crore equity shares (1.4156% pre-IPO capital)
- Sale to 30 investors at Rs. 574/share
- Aggregate consideration Rs. 1,655 crore
- Transaction subject to conditions precedent in agreements
Source: Original filing PDF
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🚨 SBIN — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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