SBI Funds IPO Opens on July 14: Price Band, GMP, Lot Size & Key Details You Need to Know
India's largest lender, State Bank of India (SBI), has announced that the Initial Public Offering (IPO) of SBI Funds will open for public subscription on July 14, 2026. According to the Red Herring Prospectus (RHP) filed with the stock exchanges, the public issue will be entirely an Offer for Sale (OFS), with existing shareholders selling up to 20.37 crore equity shares.
The IPO will remain open until July 16, 2026, while the anchor investor portion is scheduled to open on July 13.
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Will Cheap Smartphones Vanish From the Market? New Industry Report Raises Alarm - Jul 09,2026
Planning to buy a budget smartphone? You may have to spend more in the coming months. According to a new report by market research firm Omdia, the sharp rise in DRAM and NAND memory chip prices is significantly increasing smartphone manufacturing costs, particularly for devices priced below $400 (around ₹34,000). The report warns that the rising cost of memory components could force smartphone brands to increase prices, potentially reducing the availability of affordable smartphones in the global market. Memory Chip Prices Push Up Smartphone Manufacturing Costs Omdia says the steady increase in DRAM and NAND flash memory prices since last year has dramatically changed the Bill of Materials (BOM) for smartphone manufacturers. Key findings from the report include: Memory costs in smartphones priced below $400 are
