IPO of SBI FM Communication relative au projet d’introduction en bourse de SBI Funds Management Ltd.

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Communication relative au projet d’introduction en bourse de SBI Funds Management Ltd. sur les marchés boursiers indiens

À la suite de l’annonce publiée par State Bank of India (« SBI ») et Amundi le 6 novembre 2025 concernant le projet d’introduction en bourse (« IPO ») de leur joint-venture, SBI Funds Management Limited (« SBIFM »), SBI et Amundi annoncent que SBIFM a déposé, le 8 juillet 2026, son Red Herring Prospectus (« RHP ») dans le cadre de cette opération.

À la date du dépôt du RHP, SBIFM comptait 2 036 827 612 actions en circulation. Il est prévu qu’un maximum de 10% du capital de SBIFM soit cédé, dont 6,3% par SBI, soit 128 334 397 actions, et 3,7% par Amundi, soit 75 374 842 actions.

L’opération ne comprend pas d’émission d’actions nouvelles par SBIFM.

La fourchette de prix de l’introduction en bourse, déterminée conformément à la réglementation SEBI ICDR, a été fixée entre 545 et 574 INR par action.

Selon le calendrier indicatif envisagé, l’IPO sera ouverte à la souscription du public du 14 juillet 2026 au 16 juillet 2026. La période de souscription réservée aux investisseurs de référence ouvrira le 13 juillet 2026. La première cotation devrait intervenir le 21 juillet 2026 au BSE Limited (Bombay Stock Exchange) et au National Stock Exchange of India Limited.

NB: 1 EUR = 108,582 INR au 7 juillet 2026 (source : BCE).

Initial public offering of SBI Funds Management Limited (”SBI FM”)

This website contains information relating to the contemplated initial public offering of SBI Funds Management Limited. This information may not be accessed by residents of certain countries.

European Economic Area (including France)

With respect to each Member State of the European Economic Area (the “Member States”) which is subject to the provisions of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017, as amended (the “Prospectus Regulation”), the information available in the following pages is directed only at any person or entity which is a qualified investor as defined in the Prospectus Regulation. These restrictions with respect to any Relevant Member State apply in addition to any other restrictions which may be applicable in any Relevant Member State.

United Kingdom

In the United Kingdom, the information available in the following pages is directed only at qualified investors as defined in paragraph 15 of Schedule 1 of the Public Offers and Admissions to Trading Regulations 2024 (the “POATRs”).

The information available in the following pages is directed only at persons who (1) are outside the United Kingdom, (2) are “qualified investors” within the meaning of paragraph 15 of Schedule 1 to the POATRs, (A) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”), or (B) who fall within Article 49(2)(a) to (d) of the Order, or (C) to whom it may lawfully be communicated (all such persons, together with the qualified investors in the European Economic Area, being referred to as “Relevant Persons”). Any investment or investment activity to which this website and the information contained herein relates is available only to Relevant Persons in the United Kingdom and will be engaged in only with such persons. Any person who is not a Relevant Person should not act or rely on the information contained in this website.

The information available in the following pages is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which the information available in the following pages relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

United States and other States

This website and the information contained herein are not intended for, and may not be accessed by, or distributed or disseminated to, persons resident or physically present in the United States of America (including its territories, the “United States”), South Africa, Canada, Japan or Australia, and do not constitute an offer to sell or the solicitation of an offer to purchase or acquire, any ordinary shares or other securities of SBI FM in the United States, South Africa, Canada, Japan or Australia. 

The shares of SBI FM referred to on this website have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or the Investment Company Act of 1940, as amended (the “U.S. Investment Company Act”), and may not be offered or sold in the United States or to persons who are U.S. Persons (as defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from registration under the U.S. Securities Act and the U.S. Investment Company Act.

All persons residing outside of the European Economic Area, the United States, South Africa, Canada, Japan and Australia who wish to access the documents contained on this website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website, or require registration or approval for any acquisition of securities by them. No such registration or approval has been or will be obtained by Amundi in such jurisdictions. Amundi assumes no responsibility for any violation of applicable laws and regulations by any person.

By accessing the information available in the following pages, you confirm that you are in compliance, and agree to comply, with the restrictions described above.

I certify that:

(1) I am a resident of and physically present in a Member State of the European Economic Area or the United Kingdom, and I am:

(a)  a qualified investor as defined in Regulation (EU) 2017/1129, as amended, and in paragraph 15 of Schedule 1 of the Public Offers and Admissions to Trading Regulations 2024 in the United Kingdom; or

(b)  otherwise authorized to access this information pursuant to applicable laws or regulations.

and

(2) I am not a resident of or physically present in the United States, South Africa, Canada, Japan or Australia.

I have read and understood the foregoing, and hereby make the certifications above and agree to comply with all of the above restrictions: 

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  • 07.08.26

    08.07.2026 - CP - Communication relative au projet d’introduction en bourse de SBI Funds Management Ltd. sur les marchés boursiers indiens

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About Amundi

Amundi, the leading European asset manager, ranking among the top 10 global players1, offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering is enhanced with IT tools and services to cover the entire savings value chain. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €2.3 trillion of assets2.

With its six international investment hubs3, financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.

Amundi clients benefit from the expertise and advice of 5,600 employees in 35 countries.

Amundi, a trusted partner, working every day in the interest of its clients and society

www.amundi.com    

Footnotes

  1. Source: IPE "Top 500 Asset Managers" published in June 2024 based on assets under management as of 31/12/2023
  2. Amundi data as at 31/03/2025
  3. Paris, London, Dublin, Milan, Tokyo and San Antonio (via our strategic partnership with Victory Capital)

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