SBI Funds Management IPO Review 2026: Listing Dates, Allotment, GMP & Overview
Established in 1992, SBI Funds Management Limited is India's largest asset management company based on Assets Under Management (AUM). The company manages the widely recognized SBI Mutual Fund platform and operates as a joint venture between State Bank of India and Amundi.
As of 2025, the company manages approximately ₹16.32 lakh crore of assets, representing nearly 15.5% of India's total mutual fund industry AUM. The company serves more than 16.05 million investors, including retail, HNI, corporate and institutional clients.
The company offers a diversified portfolio of investment solutions including equity funds, debt funds, hybrid funds, ETFs, index funds, liquid funds, overnight funds, overseas fund-of-funds and portfolio management services.
Refer to RHP for detailed information.
SBI Funds Management IPO Details
| IPO Opening Date | July 14, 2026 |
| IPO Closing Date | July 16, 2026 |
| Allotment Date | July 17, 2026 (Tentative) |
| Refund Initiation | July 20, 2026 |
| Credit of Shares | July 20, 2026 |
| Listing Date | July 21, 2026 (Tentative) |
| Issue Type | Book Built IPO |
| Sale Type | Offer for Sale (OFS) Only |
| Price Band | ₹545 to ₹574 per share |
| Face Value | ₹1 per share |
| Lot Size | 26 Shares |
| Minimum Retail Investment | ₹14,924 (26 Shares) |
| sNII Investment | ₹2,08,936 (364 Shares) |
| bNII Investment | ₹10,14,832 (1,768 Shares) |
| Employee Discount | ₹520 per share |
| Listing Exchange | NSE and BSE |
| Total Issue Size | 20,37,09,239 Shares aggregating up to ₹11,692.91 Crore |
| Offer for Sale | 20,37,09,239 Shares aggregating up to ₹11,692.91 Crore |
| Lead Manager | Kotak Mahindra Capital Co. Ltd. |
| Registrar | Kfin Technologies Ltd. |
Product Portfolio
- Equity and Equity-Oriented Mutual Funds
- Debt Mutual Funds
- Hybrid Funds
- Exchange Traded Funds (ETFs)
- Index Funds
- Liquid and Overnight Funds
- Arbitrage Funds
- Overseas Fund of Funds
- Portfolio Management Services (PMS)
International Presence
- India-focused institutional mandates in Japan, Australia and Korea with AUM of ₹23,209 crore.
- UCITS India-focused funds sponsored by Amundi with AUM of ₹8,682 crore across Europe, Middle East, South America and Southeast Asia.
- Advisory mandates for Amundi Global Emerging Markets funds with India-related assets of ₹14,584 crore.
Competitive Strengths
- Largest Asset Management Company in India by AUM.
- Strong parentage and brand recognition.
- Diversified product portfolio across investment categories.
- Large retail and institutional customer base.
- Extensive distribution network across India.
- Established international investment presence.
- Strong operational and risk management framework.
- Long operating history with experienced management team.
Share Capital Structure
| Pre-Issue Share Capital | 2,03,68,27,612 Shares |
| Post-Issue Share Capital | 2,03,68,27,612 Shares |
| Total Issue Size | 20,37,09,239 Shares |
| Issue Size | ₹11,692.91 Crore |
| Issue Structure | 100% Offer for Sale (OFS) |
IPO Allotment & Application Status
Registrar: Kfin Technologies Ltd.
- NSE Bid Status: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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Frequently Asked Questions - FAQs
When will SBI Funds Management IPO open?
SBI Funds Management IPO opens for subscription on July 14, 2026 and closes on July 16, 2026.
What is the price band of SBI Funds Management IPO?
The IPO price band has been fixed at ₹545 to ₹574 per share.
What is the minimum investment required for SBI Funds Management IPO?
Retail investors are required to apply for a minimum lot of 26 shares amounting to ₹14,924 at the upper price band.
Is SBI Funds Management IPO a fresh issue or OFS?
SBI Funds Management IPO is entirely an Offer for Sale (OFS), meaning the proceeds from the issue will go to the selling shareholders and not to the company.
What does SBI Funds Management Limited do?
SBI Funds Management Limited is India's largest asset management company and manages mutual funds, ETFs, PMS products, debt funds and other investment solutions under the SBI Mutual Fund brand.
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