SBI Funds Management IPO GMP Today: Date, Price, and Listing Date
Established in 1992, SBI Funds Management is India’s largest AMC by AUM and manages SBI Mutual Fund. The company is coming up with a ₹11,692.91 cr IPO, which will be entirely an OFS.
SBI Funds Management IPO GMP Overview: SBI Funds Management IPO, worth ₹11,692.91 Cr, will open for subscription from 14 July to 16 July 2026. SBI Funds Management allotment is expected on 17 July, and shares are likely to be listed on BSE & NSE on 21 July 2026. Price band for SBI Funds Management IPO is set between ₹545 to ₹574
SBI Funds Management IPO: Established in 1992, SBI Funds Management is India’s largest AMC by AUM and manages SBI Mutual Fund. The SBI-Amundi joint venture managed around ₹16.32 lakh cr in assets as of 2025, accounting for about 15.5% of India’s mutual fund AUM. The company is coming up with a ₹11,692.91 cr IPO, which will be entirely an OFS. Here are the key details of the SBI Funds Management IPO.
SBI Funds Management IPO Details
Here are the listing dates and important details investors should know about the upcoming IPO in July.
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SBI Funds Management IPO is worth ₹11,692.91 cr and is entirely an OFS.
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SBI Funds Management IPO will open for subscription on 14 July 2026 and close on 16 July 2026. And the price band is set between ₹545 to ₹574
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SBI Funds Management IPO’s allotment is likely to take place on 17 July 2026 and the shares are expected to be listed on BSE and NSE on 21 July 2026.
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Promoters currently hold 98.02%, which will come down to 88% after the listing.
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Kfin Technologies will be the registrar for the SBI Funds Management IPO.
|
Parameter |
Detail |
|---|---|
|
IPO Open Date |
14 July 2026 |
|
IPO Close Date |
16 July 2026 |
|
Expected Allotment Date |
17 July 2026 |
|
Expected Listing Date |
21 July 2026 (BSE & NSE) |
|
Price Band |
₹545 to ₹574 per share |
|
Lot Size |
26 shares |
|
Minimum Investment |
₹14,170 |
|
Fresh Issue |
- |
|
Offer for Sale (OFS) |
₹11,692.91 |
|
Total Issue Size |
₹11,692.91 |
SBI Funds Management IPO GMP Today
SBI Funds Management IPO GMP today (11th July 2026) stands at ₹110, up 19.16% from its upper price band of ₹574 (as per investor gain) in the grey market. GMP figures change daily based on market sentiment and demand for the IPO.
GMP figures are for news purposes only. We neither trade nor recommend trading in the grey market.
Investors should note grey market premium is unofficial & not regulated by SEBI. GMP reflects only informal market trends and should not be considered a reliable indicator of listing gains.
About SBI Funds Management IPO
Established in 1992, SBI Funds Management is India’s largest asset management company by assets under management (AUM). The company manages SBI Mutual Fund and is a joint venture between State Bank of India and Amundi.
As of 2025, the company managed around ₹16.32 lakh crore in assets, accounting for nearly 15.5% of India’s total mutual fund AUM. As of 31 December 2025, it served more than 16.05 million individual and institutional investors.
The company manages 126 mutual fund schemes across equity, debt, hybrid, arbitrage, ETFs, index funds, overseas fund-of-funds, liquid and overnight fund categories.
SBI Funds Management also has an international presence. It manages India-focused mandates for institutional investors in Japan, Australia and Korea, with an AUM of ₹23,209.04 crore. Amundi-sponsored India-focused UCITS funds had an AUM of ₹8,681.65 crore, while the company provided advisory services for ₹14,583.97 crore of India-related assets under Amundi’s Global Emerging Markets funds.
The company is also the largest PMS provider in India, with a 39% market share in PMS and advisory assets. Its Specialized Investment Fund (SIF) platform has a 61% market share. SBI Funds Management also has a strong presence in systematic investment plans, accounting for 16.09% of live SIP accounts.
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SBI Funds Management IPO Reservation
For SBI Funds Management IPO, 35% of the issue has been reserved for retail investors. The table below shows the allocation across different investor categories.
|
Investor Category |
Shares Offered |
|---|---|
|
QIB Investors |
50% |
|
Retail Investors |
35% |
|
NII (HNI) Investors |
15% |
SBI Funds Management IPO Lot Size
Retail investors can apply for a minimum of 1 lot, which includes 26 shares costing ₹14,924 Maximum investment allowed for retail investors is 13 lots, which totals 388 shares and costs ₹1,94,012.
|
Application |
Lots |
Shares |
Amount (₹) |
|---|---|---|---|
|
Retail (Min) |
1 |
26 |
14,924 |
|
Retail (Max) |
13 |
388 |
1,94,012 |
|
S-HNI (Min) |
14 |
364 |
2,08,936 |
|
S-HNI (Max) |
67 |
1,742 |
9,99,908 |
|
B-HNI (Min) |
68 |
1,768 |
10,14,832 |
SBI Funds Management IPO Financial Performance
SBI Funds Management IPO reported a PAT of ₹3,067.38 Cr as of 31 March 2026, and in FY24 reported ₹2,072.79 Cr. Over the past 3 years, the company’s PAT and PAT margin have grown steadily, with some fluctuations. All financial details are provided in the table below.
|
Period Ended |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|---|---|---|---|
|
Revenue from Ops (₹ Cr) |
4389.49 |
3597.76 |
2690.56 |
|
Total Income (₹ Cr) |
4,976.11 |
4,236.15 |
3,426.08 |
|
EBITDA (₹ Cr) |
4,058.44 |
3,412.94 |
2,718.82 |
|
EBITDA Margin (%) |
92.46% |
94.86% |
101.05% |
|
PAT (₹ Cr) |
3,067.38 |
2,540.15 |
2,072.79 |
|
ROE (%) |
43.02% |
33.77% |
36.05% |
Source: SBI Funds Management IPO RHP
SBI Funds Management IPO Peer Comparison from RHP
SBI Funds Management IPO has a lower EPS than its peers. Higher EPS is always considered better. Below is a brief comparison of SBI Funds Management IPO.
|
Company |
Total Revenue from Operations Mar 2026 ( ₹cr) |
EPS (Diluted, ₹) |
P/E (x) |
|---|---|---|---|
|
SBI Funds Management |
4389.49 |
15.04 |
— |
|
UTI Asset Management Company |
1698.05 |
31.41 |
31.57 |
|
Aditya Birla Sun Life Asset Management Company |
1845.03 |
33.68 |
34.46 |
|
Nippon Life India Asset Management |
2708.74 |
23.63 |
51.10 |
|
HDFC Asset Management Company |
4122.16 |
66.50 |
41.71 |
|
ICICI Prudential Asset Management Company |
5764.63 |
66.73 |
49.38 |
As of 31 March 2026
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Conclusion
SBI Funds Management IPO is seeing strong interest in the grey market ahead of its opening on 14 July 2026. The company has reported healthy profit margins, although its revenue and profit declined in FY26 compared with FY25.
Before applying, you should look beyond the current GMP of SBI fund and compare the company's valuation, financial performance and business risks with its listed peers..