SBI Funds Managment Limited
ListedMainboardFinancial Services · NSE / BSE
SBI Funds Management Ltd, established in 1992, is India’s largest asset management company based on assets under management and manages the well-known SBI Mutual Fund as a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products including equity, debt, hybrid funds, ETFs, and portfolio management services, catering to both individual and institutional investors. As of 2025, it manages around ₹16.32 lakh crore in assets, accounting for about 15.5% of the total mutual fund AUM in India, and serves over 16.05 million investors. It operates a diversified portfolio of 126 schemes across categories such as equity, debt, arbitrage, ETFs, index funds, overseas fund-of-funds, and liquid and overnight funds. The company also has a strong global presence, managing India-focused mandates for institutional investors in countries like Japan, Australia, and Korea, along with UCITS funds distributed across Europe, the Middle East, South America, and Southeast Asia, and providing advisory services for Amundi’s global emerging market funds with significant India-related assets.
Price Band
₹545 – ₹574
Issue Size
₹17095.66 L Cr
Lot Size
26 shares
GMP
₹65
+11.3%
Est. Listing
₹639
at current GMP
Subscribed
41.66x
overall
Open
14 Jul 2026
Close
16 Jul 2026
Allotment
17 Jul 2026
Refund
18 Jul 2026
Demat Credit
19 Jul 2026
Listing
21 Jul 2026
Last updated 2 months ago
Live Grey Market Premium
SBI Funds Managment Limited GMP Today
Last updated: 21 Jul 2026
Current Premium
₹65+11.3%
Issue Price (Upper)
₹574
Band: ₹545 – ₹574
Estimated Listing Price
₹639
Upper price + GMP
Lot Size
26 shares
Min investment ₹14,924
Estimated Profit / Lot
₹1,690
26 × ₹65
SBI Funds Managment Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹65
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹65 | 11.3% | ₹639 |
| 26 Sep 2026 | +₹65 | 11.3% | ₹639 |
| 25 Sep 2026 | +₹59 | 10.2% | ₹633 |
GMP is unofficial market data. Not a guarantee of listing performance.
About SBI Funds Managment Limited Public Issue & Market Profile
SBI Funds Managment Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹17,09,56,631 Crores. The shares are offered at a price band of ₹545 to ₹574 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 26 shares (approx. ₹14,924 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-19, while un-allotted funds or UPI block mandates will be released on 2026-07-18.
Frequently Asked Questions
What is SBI Funds Managment Limited IPO GMP today?
The latest grey market premium for SBI Funds Managment Limited IPO is ₹65, which indicates an expected listing price of ₹639.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.