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SBI Funds Management
๐
Founded: 1992
๐ Mumbai, Maharashtra
๐ฅ N/A employees
๐ sbimf.com
๐ Face Value: โน10
๐ฆ Market Cap: N/A
Price Band
โน545 โ โน574
Issue Size
โน9,813 Cr
Lot Size
26 shares
Min. Investment
โน14,924
GMP
+โน93 (+16.2%)
Est. Return
+16.2%
Listing Date
21 Jul 2026
Registrar
KFin Technologies
IPO Signal Analysis
๐ Based on Grey Market Premium (GMP) & Subscription Data โ not financial advice
GMP Signal
High Interest
GMP: +16.2% above issue price
โญ Overall Signal
High Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Very High Interest
41.73x subscribed
Issue Details
Fresh Issueโ
Offer for Sale (OFS)โน9,813 Cr
Total Issue Sizeโน9,813 Cr
Face Valueโน10
Market Cap (at issue)N/A
Listing ExchangeBSE, NSE
๐
Open Date14 Jul 2026
๐ Close Date16 Jul 2026
โ๏ธ Cut-off Price Date16 Jul 2026
๐๏ธ Allotment Date17 Jul 2026
๐ธ Refund Initiation18 Jul 2026
๐ Demat Credit18 Jul 2026
๐ Listing Date21 Jul 2026
Objects of the Issue
- ๐ฐ Pure OFS โ proceeds go to selling shareholders (SBI and Amundi)
- ๐ฐ No fresh capital raised by the company
About the Company
SBI Funds Management Limited is India's largest asset management company by AUM, managing around โน16.32 lakh crore across equity, debt, hybrid and ETF schemes โ roughly 15.5% of India's total mutual fund AUM. It is a joint venture between State Bank of India and France's Amundi, serving 16 million+ investors through SBI Mutual Fund.
Strengths
- โ India's largest AMC by AUM โ ~15.5% market share of industry AUM
- โ Backed by State Bank of India and Amundi โ strong distribution and brand trust
- โ 16 million+ investor folios across equity, debt, hybrid and ETF products
Risk Factors
- โ ๏ธ AMC earnings are sensitive to equity market cycles and fund flows
- โ ๏ธ Highly competitive mutual fund industry with fee compression pressure
- โ ๏ธ Regulatory changes (SEBI TER caps) can directly impact revenue
Subscription Status
41.73x Overall
QIB: 140.1x
NII: 20.8x
RII: 3.8x
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | 0.08x | 1.40x | 0.62x | 0.68x |
| Day 2 | โ | โ | โ | 0.00x |
| Day 3 | โ | โ | โ | 0.00x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for Mainboard IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
0%
Pre-IPO
โ -0.0%
0%
Post-IPO
IPO Timeline
โ
Open Date
14 Jul 2026
โ
Close Date
16 Jul 2026
โ
Allotment Date
17 Jul 2026
โ
Listing Date
21 Jul 2026
Key Financials
RevenueN/A
PATN/A
EPSN/A
P/E RatioN/A
ROEN/A
Market CapN/A
IPO Registrar
IPO FAQs
SBI Funds Management IPO is a mainboard IPO with an issue size of โน9,813 Cr at a price band of โน545 โ โน574. Minimum lot size is 26 shares (minimum investment ~โน14,924). Opens on 14 Jul 2026 and closes on 16 Jul 2026. Proposed listing on BSE, NSE. Registrar: KFin Technologies.