SBI Funds Management
LISTEDIPO Date: 14 Jul - 16 Jul 2026
Listing Date: 21 Jul 2026
Price Range
₹545 to ₹574
Issue Size
9813 Cr
Min Investment
₹14,170
Min Application
26 Shares
Schedule of SBI Funds Management
Issue open date
14 Jul 2026
Issue close date
16 Jul 2026
UPI mandate deadline
16 Jul 2026 (5 PM)
Allotment finalization
17 Jul 2026
Share credit
20 Jul 2026
Listing date
21 Jul 2026
Mandate end date
31 Jul 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 9813 Cr |
| Fresh Issue | 17.1 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 17 Jul 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 20 Jul 2026Latest | ₹574 | ₹98 | ₹672(+17.07%) |
| 19 Jul 2026 | ₹574 | ₹104 | ₹678(+18.12%) |
| 18 Jul 2026 | ₹574 | ₹92 | ₹666(+16.11%) |
| 17 Jul 2026 | ₹574 | ₹95 | ₹669(+16.55%) |
| 16 Jul 2026 | ₹574 | ₹97 | ₹671(+16.9%) |
| 15 Jul 2026 | ₹574 | ₹90 | ₹664(+15.68%) |
| 14 Jul 2026 | ₹574 | ₹88 | ₹662(+15.33%) |
| 13 Jul 2026 | ₹574 | ₹98 | ₹672(+17.07%) |
| 12 Jul 2026 | ₹574 | ₹89 | ₹663(+15.51%) |
| 11 Jul 2026 | ₹574 | ₹88 | ₹662(+15.33%) |
| 10 Jul 2026 | ₹574 | ₹110 | ₹684(+19.16%) |
| 9 Jul 2026 | ₹574 | ₹84 | ₹658(+14.63%) |
| 8 Jul 2026 | ₹574 | ₹0 | ₹574(0%) |
| 7 Jul 2026 | ₹574 | ₹0 | ₹574(0%) |
| 6 Jul 2026 | ₹574 | ₹0 | ₹574(0%) |
Performance SBI Funds Management
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹545 to ₹574 | ₹ 613 (6.85%) | ₹ 544.7 | -5.10% |
About SBI Funds Management
SBI Funds Management Limited is an asset management company that manages the mutual fund schemes of SBI Mutual Fund. The company also provides portfolio management services (PMS), alternative investment funds (AIFs), and investment advisory services to retail and institutional investors. It primarily earns revenue through management fees from its investment products, with mutual funds being its largest business segment. The company also offers digital investment platforms and offshore investment solutions through its subsidiaries, serving investors across multiple asset classes under SEBI regulations.
| Founded in | 1992 |
| Managing director | Dinesh Kumar Khara |
| Parent organization | State Bank of India |
Financial Overview
Strengths
4- 1
One of India's leading asset management companies with a strong brand backed by State Bank of India.
- 2
Diversified product portfolio including mutual funds, PMS, AIFs, and advisory services across multiple asset classes.
- 3
Extensive distribution network supported by SBI branches, digital platforms, and third-party distributors.
- 4
Stable fee-based business model with recurring revenue linked to assets under management (AUM).
Risks
4- 1
Revenue and profitability are closely linked to market performance and fluctuations in assets under management (AUM).
- 2
Intense competition from domestic and global asset management companies may pressure fees and market share.
- 3
Subject to stringent SEBI regulations, with regulatory changes potentially affecting business operations.
- 4
Declining equity markets or sustained investor outflows could reduce management fees and overall earnings.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.5 |
| Non-Institutional Investors (NIIs) | 6.59 |
| Retail Individual Investors (RIIs) | 1.71 |
| Employee | 2.28 |
| Total | 2.82 |