Minimum Investment
₹14,924
Price Range
₹545 to ₹574
Lot Size
26 shares
Issue Size
₹9795.00 Cr
About the 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.
Bookbuilding IPO
IPO Objectives
- Details will be updated soon.
Important Dates
| Bid/Offer Opens On | 14-07-2026 |
| Bid/Offer Closes On | 16-07-2026 |
| Finalisation of Basis of Allotment | 17-07-2026 |
| Initiation of Refunds | 20-07-2026 |
| Credit of Shares to Demat | 20-07-2026 |
| IPO Listing Date | 21-07-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 30,928,731 | 4,333,271,956 | 140.11x |
| NII | 23,196,549 | 522,184,416 | 22.51x |
| NII ( >10 lakh) | 15,464,366 | 402,220,000 | 26.01x |
| NII ( <10 lakh) | 7,732,183 | 119,964,416 | 15.51x |
| Retail | 54,125,280 | 194,677,782 | 3.60x |
| Employee | 3,257,347 | 15,149,992 | 4.65x |
| Shareholder | 13,055,629 | 124,263,542 | 9.52x |
| Total | 124,563,536 | 5,189,547,688 | 41.66x |
Frequently asked questions
What is the SBI Funds Management IPO lot size?
The lot size is 26 shares with a minimum investment of ₹14,924.
When does the SBI Funds Management IPO open and close?
Bidding is scheduled from 14-07-2026 to 16-07-2026 (subject to exchange updates).
How can I apply for the SBI Funds Management IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
What is the SBI Funds Management IPO listing date?
Shares are expected to list on 21-07-2026 (tentative; confirm from RHP / exchange notices).
Grey Market Premium (GMP)
Registrar
Kfin Technologies Ltd.
Lead Managers
- Kotak Mahindra Capital Co.Ltd. Axis Capital Ltd. BOFA Securities India Ltd. HSBC Securities & Capital Markets (India) Pvt.Ltd. ICICI Securities Ltd. Jefferies India Pvt.Ltd. JM Financial Ltd. Motilal Oswal Investment Advisors Ltd. SBI Capital Markets Ltd.
Company Promoters
- State Bank of India
- Amundi India Holding and Amundi Asset Management\r\n
