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
Overall Subscription
41.66x
Total Demand
QIB Multiplier
140.11x
Institutions & Funds
NII / HNI
22.51x
High Net-Worth
Retail (RII)
3.60x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 30,928,731 | 4,333,271,956 | 140.11x |
| NIB | 23,196,549 | 522,184,416 | 22.51x |
| HNIs(10L +) | 15,464,366 | 402,220,000 | 26.01x |
| HNIs (2-10L) | 7,732,183 | 119,964,416 | 15.51x |
| RETAIL | 54,125,280 | 194,677,782 | 3.60x |
| EMPLOYEES | 3,257,347 | 15,149,992 | 4.65x |
| Shareholder | 13,055,629 | 124,263,542 | 9.52x |
| Total | 147,760,085 | 5,711,732,104 | 41.66x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 2,081,742 | 4,928,541 | 2.37x |
| EMPLOYEES | — | 126,736 | 0.00x |
| HNIs(10L +) | 42,485 | 212,130 | 4.99x |
| HNIs (2-10L) | 21,242 | 299,120 | 14.08x |
| Shareholder | — | 113,817 | 0.00x |
| Total Applications | 2,145,469 | 5,680,344 | 2.65x |
Day-Wise Subscription Progress
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 the issue size and price band for SBI Funds Managment Limited IPO?
The SBI Funds Managment Limited IPO aggregate issue size is ₹17,09,56,631 Crores with an equity price band set at ₹545 to ₹574 per equity share. The retail lot size is 26 shares requiring a minimum capital outlay of approx. ₹14,924.
How can I check SBI Funds Managment Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will SBI Funds Managment Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-07-17.