The SBI Funds Management IPO began on 14-July-2026. It will close on 16-July-2026. The Total IPO Size is 9,813 Crores. The company set its IPO price at Rs 574 per share.
There are three basic categories in SBI Funds Management IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
SBI Funds Management are the largest asset management company (“AMC”) in India by quarterly average mutual fund assets under management (“QAAUM”), with QAAUM of ₹12,509.98 billion and a mutual fund market share of 15.3% as of March 31, 2026.
They have a pan-India distribution presence supported by an omnichannel approach that integrates physical and digital platforms.
The mutual fund distributors (“MFDs”) consisted of 132,519 institutional and individual MFDs, which includes 122,460 independent financial advisors (“IFAs”), 9,964 national distributors (“NDs”), and 95 banks (including SBI) as of March 31, 2026.
SBI Funds Management IPO Promoters
State Bank of India, Amundi India Holding and Amundi Asset Management are the promoters of the company.
SBI Funds Management IPO Date, Details & Price Band
The SBI Funds Management IPO Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 14-July-2026 |
| IPO Closing Dates | 18-July-2026 |
| Price | 545-574 Rs |
| Fresh Issue | NIL |
| Offer for sale | 9,813 Crores |
| Total IPO size | 9,813 Crores |
| Face Value | 1 INR Per Share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| Market Cap | 1,16,913.90 Cr |
SBI Funds Management IPO Market Lot
The SBI Funds Management IPO minimum market lot is 26 shares, with a ₹14,924 application amount.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 26 | ₹14,924 |
| Retail Maximum | 13 | 338 | ₹1,94,012 |
| S-HNI Minimum | 14 | 364 | ₹2,08,936 |
| S-HNI Maximum | 68 | 1,742 | ₹9,99,908 |
| B-HNI Minimum | 69 | 1,768 | ₹10,14,832 |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-26 | 6,420.45 | 4,976.11 | 3,067.38 |
| 31-Mar-25 | 8,771.86 | 4,236.15 | 2,540.15 |
| 31-Mar-24 | 7,106.93 | 3,426.08 | 2,072.79 |
Comparison of Accounting Ratios with listed industry peers
| Name of the company | Standalone / Consolidated |
Total Revenue from Operations (₹ in Million) |
Face Value (₹ per equity share) |
P/E Ratio(4) | EPS | RoNW(1)(2) (%) | Net Asset Value per Equity Share(3) (₹) | |
|---|---|---|---|---|---|---|---|---|
| Basic | Diluted | |||||||
| SBI Funds Management | Consolidated | 43,894.88 | 1 | • | 15.08 | 15.04 | 43.02 | 29.28 |
| India listed peers* | ||||||||
| ICICI Prudential Asset Management Company Limited | Consolidated | 57,646.30 | 1 | 49.38 | 66.73 | 66.73 | 85.80 | 84.39 |
| HDFC Asset Management Company Limited | Consolidated | 41,221.60 | 5 | 41.71 | 66.77 | 66.50 | 32.90 | 215.42 |
| Nippon Life India Asset Management Limited | Consolidated | 27,087.40 | 10 | 51.10 | 24.05 | 23.63 | 34.50 | 73.01 |
| Aditya Birla Sun Life Asset Management Company Limited | Consolidated | 18,450.30 | 5 | 34.46 | 33.76 | 33.68 | 25.53 | 139.94 |
| UTI Asset Management Company Limited | Consolidated | 16,980.50 | 10 | 31.57 | 31.51 | 31.41 | 11.22 | 350.50 |
SBI Funds Management IPO GMP & Grey Market Premium
The SBI Funds Management IPO GMP (Grey Market Premium) has started today. Check the Latest SBI Funds Management IPO GMP, Kostak Rates, and Subject to Sauda Price here.
SBI Funds Management IPO Prospectus
The SBI Funds Management IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the SBI Funds Management IPO Prospectus.
| RHP | Download |
| Anchor Investor List | Download |
SBI Funds Management IPO Allotment Date & Details
| Allotment Date | 17-July-2026 |
| Initiation of refunds | 20-July-2026 |
| Transfer of shares to Demat accounts | 20-July-2026 |
| Listing Date | 21-July-2026 |
| Check Allotment Status | Click here |
SBI Funds Management IPO Registrar
KFin Technologies Limited
301, The Centrium, 3rd Floor, 57
Lal Bahadur Shastri Road, Nav Pada
Kurla (West), Kurla
Mumbai 400 070, Maharashtra, India
Telephone: +91 40 67162222/18003094001
E-mail: sbifml.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Contact person: M. Murali Krishna
SEBI registration no: INR000000221:
SBI Funds Management IPO Lead Managers
AXIS CAPITAL LIMITED
SBI Capital Markets Limited
BofA Securities India Limited
HSBC Securities and Capital Markets (India) Private Limited
JM Financial Limited
Motilal Oswal Investment Advisors Limited
SBI Capital Markets Limited
SBI Funds Management IPO Contact Address
KUSUMGAR LIMITED
101, Manjushree, V.M. Road,
Corner of N.S. Road No. 5,
JVPD Scheme, Vile Parle (West),
Mumbai – 400 056, Maharashtra, India
Tel: + 91 22 6112 5100
E-mail: cs@kusumgar.com
Website: www.kusumgar.com
