What is the GMP of SBI Funds Management IPO today?

The Grey Market Premium (GMP) for SBI Funds Management IPO is currently ₹96. With an upper price band of ₹574, the estimated listing price is ₹670 per share, reflecting an expected listing gain of ~16.72%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for SBI Funds Management IPO?

The price band for SBI Funds Management IPO is ₹545 to ₹574 per equity share. The minimum lot size is 26 shares, which requires a minimum retail application investment of ₹14,924.

What are the important dates for SBI Funds Management IPO?

SBI Funds Management IPO opens for subscription on 2026-07-14T00:00:00 and closes on 2026-07-16T00:00:00. The basis of allotment is scheduled for 2026-07-17T00:00:00, and shares are expected to list on 2026-07-21T00:00:00 on BSE, NSE.

How can I check the allotment status for SBI Funds Management IPO?

You can check SBI Funds Management IPO allotment status on the registrar's official portal (KFin Technologies Limited) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for SBI Funds Management IPO?

Investors can apply for SBI Funds Management IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the SBI Funds Management IPO open and close?

The IPO opens on 14 Jul 2026, and closes on 16 Jul 2026.

What is SBI Funds Management IPO price band?

The issue price band is ₹545.00 to ₹574.00 per equity share.

What is the SBI Funds Management IPO lot size?

The minimum lot size is 26 shares per application.

What is the SBI Funds Management IPO allotment date?

The allotment is scheduled on 17 Jul 2026.

SBI Funds Management IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

9795.00 Cr

Price Band

₹545.00 - ₹574.00

Lot Size

26 Shares

Min Investment

₹14,924

GMP

₹96

Subscription

30.68x

₹3,01,062.89 Cr

14 Jul 2026

IPO Opens

COMPLETED

16 Jul 2026

IPO Closes

COMPLETED

17 Jul 2026

Basis of Allotment

COMPLETED

20 Jul 2026

Refunds

COMPLETED

20 Jul 2026

Demat Credit

COMPLETED

21 Jul 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

14 Jul 2026

IPO ClosesDONE

16 Jul 2026

Basis of AllotmentDONE

17 Jul 2026

RefundsDONE

20 Jul 2026

Demat CreditDONE

20 Jul 2026

ListingDONE

21 Jul 2026

About SBI Funds Management IPO

SBI Funds Management IPO open date is July 14, 2026 and the IPO will close on July 16, 2026. SBI Funds Management IPO is a Book build Issue. The company to raise around ₹9,813 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to 17,09,56,631 equity shares with face value of ₹1 each.

SBI Funds Management IPO price band is ₹545 to ₹574 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. SBI Funds Management IPO to list on BSE, NSE on July 21, 2026. The allotment of SBI Funds Management IPO date is July 17, 2026.

The company reported revenue of ₹4,976.11 crores in 2026 against ₹4,236.15 crores in 2025. The company reported profit of ₹3,067.38 crores in 2026 against profit of ₹2,540.15 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.

IPO Details

SBI Funds Management IPO Details and Specifications
IPO Date	14 Jul 2026 to 16 Jul 2026
Face Value	₹1 Per Share
Price Band	₹545.00 - ₹574.00
Lot Size	26 Shares
Total Issue Size	Approx 9795.00 Cr 17,09,56,631 Equity Shares
Fresh Issue	Approx 0.00 Cr 0 Equity Shares
Offer for Sale	Approx 9795.00 Cr 17,09,56,631 Equity Shares
Retail Portion	35%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	21 Jul 2026
Listing At	BSE & NSE
Employee Discount	₹54.00 Per Share
Total Subscription Amount	₹3,01,062.89 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
QIB	7,73,21,826	50.00%
- Anchor	4,63,93,095	0.00%
- QIB (Ex. Anchor)	3,09,28,731	0.00%
NII	2,31,96,549	15.00%
- bNII > ₹10L	1,54,64,366	0.00%
- sNII < ₹10L	77,32,183	0.00%
Retail	5,41,25,280	35.00%
Employees	32,57,347	0.00%
Share Holders	1,30,55,629	0.00%
Total	17,09,56,631	100.00%

IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	1	26	₹14,924
Individual investors (Retail) (Max)	13	338	₹1,94,012
S-HNI (Min)	14	364	₹2,08,936
S-HNI (Max)	67	1,742	₹9,99,908
B-HNI (Min)	68	1,768	₹10,14,832

About Company

SBI Funds Management Ltd was established in 1992 and is the largest asset management company (AMC) in India based on assets under management (AUM). The company manages the well-known SBI Mutual Fund. It is a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products such as equity funds, debt funds, hybrid funds, ETFs, and portfolio management services (PMS). As of 2025, the company manages around ₹16.32 lakh crore in assets, which represents about 15.5% of India’s total mutual fund AUM.

As of December 31, 2025, the company serves more than 16.05 million investors, including both individual and institutional clients.

It manages a diversified portfolio of 126 mutual fund schemes, covering different categories such as:

Contact Details

SBI Funds Management Ltd.

9 th Floor, Crescenzo

C – 38 & 39, G Block

Bandra Kurla Complex, Bandra (East)

Mumbai, Maharashtra, 400051

+91 22 6179 3000

companysecretary@sbimf.com

Visit Website

Registrar

KFin Technologies Limited

04067162222

sbifml.ipo@kfintech.com

Lead Managers

Axis Capital Ltd

Bofa Securities India Ltd

Hsbc Securities & Capital Markets Pvt Ltd

ICICI Securities Ltd

Jefferies India Pvt Ltd

Kotak Mahindra Capital Company Ltd

Motilal Oswal Investment Advisors Ltd

SBI Capital Markets Ltd

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
21-Jul-2026 12:00 PM	+₹96	₹670	+16.72%	₹2,496
20-Jul-2026 12:00 PM	+₹104	₹678	+18.12%	₹2,704
17-Jul-2026 12:00 PM	+₹97	₹671	+16.90%	₹2,522
16-Jul-2026 12:00 PM	+₹95	₹669	+16.55%	₹2,470
15-Jul-2026 12:00 PM	+₹90	₹664	+15.68%	₹2,340
14-Jul-2026 12:00 PM	+₹92	₹666	+16.03%	₹2,392
13-Jul-2026 12:00 PM	+₹106	₹680	+18.47%	₹2,756
11-Jul-2026 12:00 PM	+₹111	₹685	+19.34%	₹2,886
10-Jul-2026 12:00 PM	+₹105	₹679	+18.29%	₹2,730
09-Jul-2026 12:00 PM	+₹96	₹670	+16.72%	₹2,496
08-Jul-2026 12:00 PM	+₹137	₹711	+23.87%	₹3,562
07-Jul-2026 12:00 PM	+₹143	₹717	+24.91%	₹3,718
06-Jul-2026 12:00 PM	+₹125	₹699	+21.78%	₹3,250
04-Jul-2026 12:00 PM	+₹100	₹674	+17.42%	₹2,600
03-Jul-2026 12:00 PM	+₹100	₹674	+17.42%	₹2,600
02-Jul-2026 12:00 PM	+₹100	₹674	+17.42%	₹2,600

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
Anchor	1.00x	4,63,93,095	4,63,93,095	₹2,662.96 Cr
QIB (Ex. Anchor)	140.11x	3,09,28,731	3,83,04,660	₹2,48,729.81 Cr
NII	22.51x	2,31,96,549	52,21,84,416	₹29,973.39 Cr
bNII > ₹10L	26.01x	1,54,64,366	40,22,20,000	₹23,087.43 Cr
sNII < ₹10L	15.51x	77,32,183	11,99,64,416	₹6,885.96 Cr
Retail	3.76x	5,41,25,280	20,37,35,168	₹11,694.40 Cr
Employees	4.65x	32,57,347	1,51,49,992	₹869.61 Cr
Share Holders	9.52x	1,30,55,629	12,42,63,542	₹7,132.73 Cr
Total	30.68x	17,09,56,631	95,00,30,873	₹3,01,062.89 Cr

Objects of the Issue

Objects of the issue will be updated soon.

Company Financials

Period Ended	31 MAR 2026	31 MAR 2025	31 MAR 2024
Total Income	4976.11	4236.15	3426.08
Profit After Tax	3067.38	2540.15	2072.79
EBITDA	4058.44	3412.94	2718.82
NET Worth	5963.06	8297.53	6747.75
Reserves and Surplus	326.73	255.12	182.02

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Mar 2025
Return on Net Worth (RoNW)	33.77%
EBITDA Margin	94.86%
Net Asset Value (NAV)	₹40.85
Earning Per Share (EPS)	₹15.06
Price/Earning P/E Ratio	38.12x

Peer Comparison

Company Name	EPS (₹)	P/E (x)	NAV (₹)	RoNW (%)	Income (₹ Cr)
UTI Asset Management Company Limited	31.51	31.57	350.50	11.22	1.00
Aditya Birla Sun Life Asset Management Company Limited	33.76	34.46	139.94	25.53	1.00
Nippon Life India Asset Management Limited	24.05	51.10	73.01	34.50	2.00
HDFC Asset Management Company Limited	66.77	41.71	215.42	32.90	4.00
ICICI Prudential Asset Management Company Limited	66.73	49.38	84.39	85.80	5.00

Promoters and Holding Pattern

State Bank of India, Amundi India Holding and Amundi Asset Management. is the company's promoter of SBI Funds Management.

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	96.38%	88.00%
Others*	3.62%	12.00%

Strengths

The company is the largest asset management company in India by mutual fund AUM, benefiting from strong growth and operating scale.
It is the largest PMS provider in India, with 39% market share in PMS and advisory assets. It also runs the largest Specialized Investment Fund (SIF) platform with 61% market share.
The company has a 16.09% market share in live SIP accounts, showing strong investor trust and long-term investment participation.
A process-driven investment framework helps maintain consistent performance and supports continuous product innovation.
A well-diversified, pan-India distribution network helps the company reach a wide range of investors.
The company uses modern technology and data analytics to improve investor engagement and provide better services.

Frequently Asked Questions (FAQ)

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About SBI Funds Management IPO

IPO Details

SBI Funds Management IPO Details and Specifications
IPO Date	14 Jul 2026 to 16 Jul 2026
Face Value	₹1 Per Share
Price Band	₹545.00 - ₹574.00
Lot Size	26 Shares
Total Issue Size	Approx 9795.00 Cr 17,09,56,631 Equity Shares
Fresh Issue	Approx 0.00 Cr 0 Equity Shares
Offer for Sale	Approx 9795.00 Cr 17,09,56,631 Equity Shares
Retail Portion	35%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	21 Jul 2026
Listing At	BSE & NSE
Employee Discount	₹54.00 Per Share
Total Subscription Amount	₹3,01,062.89 Cr

Investor Category

Shares Offered

% Net Issue

QIB

7,73,21,826

50.00%

- Anchor

4,63,93,095

0.00%

- QIB (Ex. Anchor)

3,09,28,731

0.00%

NII

2,31,96,549

15.00%

- bNII > ₹10L

1,54,64,366

0.00%

- sNII < ₹10L

77,32,183

0.00%

Retail

5,41,25,280

35.00%

Employees

32,57,347

0.00%

Share Holders

1,30,55,629

0.00%

Total

17,09,56,631

100.00%

Application

Lots

Amount

Individual investors (Retail) (Min)

₹14,924

Individual investors (Retail) (Max)

338

₹1,94,012

S-HNI (Min)

364

₹2,08,936

S-HNI (Max)

1,742

₹9,99,908

B-HNI (Min)

1,768

₹10,14,832

About Company

As of December 31, 2025, the company serves more than 16.05 million investors, including both individual and institutional clients.

It manages a diversified portfolio of 126 mutual fund schemes, covering different categories such as:

Contact Details

SBI Funds Management Ltd.

9 th Floor, Crescenzo

C – 38 & 39, G Block

Bandra Kurla Complex, Bandra (East)

Mumbai, Maharashtra, 400051

+91 22 6179 3000

companysecretary@sbimf.com

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

21-Jul-2026 12:00 PM

+₹96

₹670

+16.72%

₹2,496

20-Jul-2026 12:00 PM

+₹104

₹678

+18.12%

₹2,704

17-Jul-2026 12:00 PM

+₹97

₹671

+16.90%

₹2,522

16-Jul-2026 12:00 PM

+₹95

₹669

+16.55%

₹2,470

15-Jul-2026 12:00 PM

+₹90

₹664

+15.68%

₹2,340

14-Jul-2026 12:00 PM

+₹92

₹666

+16.03%

₹2,392

13-Jul-2026 12:00 PM

+₹106

₹680

+18.47%

₹2,756

11-Jul-2026 12:00 PM

+₹111

₹685

+19.34%

₹2,886

10-Jul-2026 12:00 PM

+₹105

₹679

+18.29%

₹2,730

09-Jul-2026 12:00 PM

+₹96

₹670

+16.72%

₹2,496

08-Jul-2026 12:00 PM

+₹137

₹711

+23.87%

₹3,562

07-Jul-2026 12:00 PM

+₹143

₹717

+24.91%

₹3,718

06-Jul-2026 12:00 PM

+₹125

₹699

+21.78%

₹3,250

04-Jul-2026 12:00 PM

+₹100

₹674

+17.42%

₹2,600

03-Jul-2026 12:00 PM

+₹100

₹674

+17.42%

₹2,600

02-Jul-2026 12:00 PM

+₹100

₹674

+17.42%

₹2,600

SBI Funds Management IPO Details

About SBI Funds Management IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

Promoters and Holding Pattern

Strengths

Frequently Asked Questions (FAQ)

When does the SBI Funds Management IPO open and close?

What is SBI Funds Management IPO price band?

What is the SBI Funds Management IPO lot size?

What is the SBI Funds Management IPO allotment date?

What is the SBI Funds Management IPO listing date?

What is the minimum investment required in SBI Funds Management IPO?

Join the discussion

SBI Funds Management IPO Details

About SBI Funds Management IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

Promoters and Holding Pattern

Strengths

Frequently Asked Questions (FAQ)

When does the SBI Funds Management IPO open and close?

What is SBI Funds Management IPO price band?

What is the SBI Funds Management IPO lot size?

What is the SBI Funds Management IPO allotment date?

What is the SBI Funds Management IPO listing date?

What is the minimum investment required in SBI Funds Management IPO?

Join the discussion