SBI Funds Management IPO
With its incorporation in 1992, the SBI Funds Management is India’s oldest and largest Assest 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.
IPO GMP
+₹65
+11% expected gain
Price Band
₹545 - ₹574
Lot Size
26 shares
Min Investment
₹14,924
Listing Date
July 21, 2026
About SBI Funds Management
Company overview, business, and key facts.
With its incorporation in 1992, the SBI Funds Management is India’s oldest and largest Assest 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. As of December 31, 2025, the firm has offered its services to over 16.05 million investors and manages around ₹16.32 lakh crores of investors’ money.
Headquarters
Mumbai, Maharashtra
Promoters
State Bank of India, Amundi India Holding, Amundi Asset Management
Website
https://sbifunds.com/investor-relations
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review: Apply
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
SBI Funds Management IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Revenue growth, 2026
+17.5%
27.3% a year over the period
Profit growth, 2026
+20.8%
31.8% a year over the period
Profit margin (PAT)
61.6%
EBITDA margin 92.46%
ROE / ROCE
43.02% / n/a%
As published in the offer document
GMP-implied gain per lot
₹1,690
26 shares on ₹14,924. GMP is unofficial.
What stands out
- Healthy profit margin: PAT margin was 61.6% in 2026.
Watch-outs
- GMP has fallen 54.5% from its peak of ₹143 to ₹65.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: fresh issue vs offer for sale split, post-IPO share count (market cap and P/E not computable), use of proceeds, published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of SBI Funds Management's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
SBI Funds Management IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, SBI Funds Management IPO is trading at a grey market premium (GMP) of +₹65 (+11% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 41.62x overall — QIB: 140.11x, NII: 22.5x, Retail: 3.52x.
SBI Funds Management IPO subscription has closed. The shares are expected to list on July 21, 2026.
The minimum investment required is ₹14,924 for 26 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review: Apply.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
SBI Funds Management IPO — Frequently Asked Questions
What is SBI Funds Management IPO GMP today?
SBI Funds Management IPO GMP (grey market premium) today is +₹65, suggesting an estimated listing gain of +11%. GMP is indicative and subject to change.
What is the price band of SBI Funds Management IPO?
The price band for SBI Funds Management IPO is ₹545 - ₹574 with a lot size of 26 shares. The minimum investment required is ₹14,924.
When is SBI Funds Management IPO allotment date?
SBI Funds Management IPO allotment is expected to be finalised on July 17, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.
When will SBI Funds Management IPO list on NSE/BSE?
SBI Funds Management IPO is expected to list on BSE, NSE on July 21, 2026.
How to check SBI Funds Management IPO allotment status?
To check SBI Funds Management IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for SBI Funds Management IPO?
SBI Funds Management IPO is showing a strong GMP of +₹65 (+11%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.
What is the lot size of SBI Funds Management IPO?
The lot size for SBI Funds Management IPO is 26 shares per lot. The minimum investment for retail investors is ₹14,924. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.