SBI Funds Management IPO Listing

By Jagat Joshi
July 21, 2026

SBI Funds Management IPO listing gain is 6.85% on NSE and BSE; the stock opened at ₹613.30 on NSE and on BSE at ₹610. The IPO GMP was ₹96 last heard.

SBI Funds Management IPO was subscribed 41.73 times overall on the last day. A retail quota was subscribed over 3.76 times, NII over 22.51 times, and QIB over 140.11 times.

Listing IPO Details GMP Messages Review Subscription Allotment

SBI Funds Management IPO Listing Details

Listing Date	July 21, 2026
BSE Code	544829
NSE Code	SBIFUNDS
ISIN Code	INE640G01020
Offer Price	₹545 to ₹574 per share
Face Value	₹1
Listing Price	₹613.30 on NSE

SBI Funds Management IPO details

SBI Funds Management received SEBI approval for an IPO of ₹9,813 crores with a face value of ₹1 each. The Company has a price band of ₹545 to ₹574 per share.

How many shares did investors receive in this IPO?

Retail minimum & maximum investors got 26 shares in 1 and 338 shares in 13 lot sizes.
S-HNI Minimum category consisted of 364 shares in 14 lot sizes.
S-HNI Maximum category had 1,742 shares in 67 lot sizes.
B-HNI Minimum category received 1,768 shares in 68 lot sizes.

To invest in the SBI Funds Management IPO, each investor category has specific investment amounts:

Retail Investors: Minimum investment of ₹14,924.
Retail Investors: Maximum investment of ₹1,94,012.
S-HNI Minimum: investment of ₹2,08,936.
S-HNI Maximum: investment of ₹9,99,908.
B-HNI Minimum: Investment of ₹10,14,832.

SBI Funds Management IPO Subscription Duration

SBI Funds Management IPO subscription started on July 14, 2026, and closed on July 16, 2026. The SBI Funds Management IPO allotment date was July 17, 2026, and the refund will be received on July 20, 2026. The SBI Funds Management IPO listing is on July 21, 2026.

About the SBI Funds Management IPO Company

With its incorporation in 1992, SBI Funds Management is India’s oldest and largest Asset Management company, with an experience of 38 years in managing SBI Mutual Fund. It is backed by India’s largest bank, the State Bank of India, and it is a joint venture between Amundi and the State Bank of India. Along with India, the firm also has an international presence in Japan, Australia, and Korea with AUM of ₹232,090.37 million.

The firm manages a diversified portfolio of 126 mutual fund schemes across equity and equity-oriented, debt, arbitrage, ETFs, index, overseas fund-of-funds, and Liquid and overnight funds.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.