S

SBI Funds Management Ltd.

ListedListed on 21 Jul 2026+6.3%

Price Range

₹545–574

Issue Size

₹ 7,150 Cr

Lot Size

26 Shares

Min. Investment

₹ 14,170

Financial Summary

(in crores)
ParticularsFY 2025-26FY 2024-25
Operating Revenue43,894.8835,977.57
Other Income5,866.186,383.94
Total Income49,761.0642,361.51
Total Expenses9,176.628,232.09
Profit Before Tax40,198.1133,789.59
Total Profit30,673.7625,401.54

Subscription Details

41.66xTotal
Subscription
Retail
3.60x
NII - Small
0.00x
NII - Big
0.00x
QIB
140.11x
Employees
4.65x

IPO Timeline

IPO Offer Start

14 Jul 2026

IPO Offer Ends

16 Jul 2026

Listing Date

21 Jul 2026

Promoters

Amundi Asset Management

Promoter Shareholding

Pre-IPO

98.19%

Promoter stake

Post-IPO

88.19%

Promoter stake

Offered to Public

12,45,63,536

shares

Post Share Capital

1,79,62,90,761

shares

About the Company

We are the largest asset management company (“AMC”) in India by quarterly average mutual fund assets under management (“QAAUM”), with QAAUM of ?12,499.70 billion and a mutual fund market share of 15.4% as of December 31, 2025, a position we have consistently held since March 2021 (Source: CRISIL Report). Including our Portfolio Management Services (“PMS”) and other advisory mandates (collectively with PMS, “Alternates”), our total QAAUM was ?29,040.26 billion as at December 31, 2025. We are India’s oldest AMC, acting as the investment manager to SBI Mutual Fund, which commenced operations in June 1987 as the first mutual fund entity outside the Unit Trust of India (Source: CRISIL Report). We are also India’s largest passive (exchange traded fund (“ETF”) and index funds) asset manager with passive (ETF and index funds) QAAUM of ? 3,999.53 billion representing a market share of 29.6% as at December 31, 2025, a leadership position we have held since March 2021 (Source: CRISIL Report). Our total QAAUM has grown at a compound annual growth rate (“CAGR”) of 18.42% between March 31, 2023, and March 31, 2025, while our mutual fund QAAUM has grown at a CAGR of 22.32% during the same period. Our equity, equity-oriented and equity-hybrids (excluding arbitrage and including overseas fund of funds) QAAUM grew at a CAGR of 36.32% during the same period.

Use of Proceeds

The objects of the Offer are to (i) carry out the Offer for Sale of 170,956,631^ Equity Shares of face value of ?1 each by the Promoter Selling Shareholders aggregating to ? 97,953.21 million*; and (ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.