SBI Funds Management Ltd.
NSE & BSE₹545–574
₹ 7,150 Cr
26 Shares
₹ 14,170
₹1
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 43,894.88 | 35,977.57 | |
| 5,866.18 | 6,383.94 | |
| 49,761.06 | 42,361.51 | |
| 9,176.62 | 8,232.09 | |
| 40,198.11 | 33,789.59 | |
| 30,673.76 | 25,401.54 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
14 Jul 2026
IPO Offer Ends
16 Jul 2026
21 Jul 2026
Promoters
Book Running Lead Managers
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
IPO Registrar
KFIN Technologies Ltd.
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.
SBI Funds Management Ltd. Latest News
News
SBI Funds Management informs about compliances-certificate
SBI Funds Management's Q1 consolidated net profit rises marginally
Consolidated total income of the company increased by 4.64% to Rs 1,389.89 crore in Q1FY27
SBI Funds Management lists with 6% premium on the BSE
The scrip is currently trading at Rs. 617.20, up by 43.20 points or 7.53% from its issue price
SBI Funds Management coming with IPO to raise up to Rs 9,813 crore
The issue will open for subscription on July 14, 2026 and will close on July 16, 2026
SBI Funds Management gets SEBI’s nod to raise funds via IPO
The offering will see promoters, State Bank of India (SBI) and Amundi India Holding, pare their stakes
IPO FAQs
The SBI Funds Management Ltd. IPO has a total of ₹7,150 crore, calculated at the upper end of the .
The SBI Funds Management Ltd. IPO is priced at ₹545–574 per share. bids must fall within this , against a of ₹1 per share.
The for the SBI Funds Management Ltd. IPO is 26 shares, which is also the minimum order quantity — you have to apply for at least 26 shares, and in multiples of 26 beyond that.
The minimum investment in the SBI Funds Management Ltd. IPO is about ₹14,170 — one lot of 26 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The SBI Funds Management Ltd. opens on 14 Jul 2026 and closes on 16 Jul 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
SBI Funds Management Ltd. shares were listed on 21 Jul 2026 on BSE and NSE.
KFIN Technologies Ltd. is the for the SBI Funds Management Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
SBI Funds Management Ltd. IPO shares are listed on BSE and NSE.
Each SBI Funds Management Ltd. share has a of ₹1.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 98.19% of SBI Funds Management Ltd. before the IPO, which falls to 88.19% after the issue.
12,45,63,536 shares of SBI Funds Management Ltd. are being offered to the public in this issue.
The SBI Funds Management Ltd. IPO has been subscribed 41.66x overall — 140.11x, 22.51x, 3.60x and employees 4.65x.
figures update through the issue period until it closes.
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.
Kotak Mahindra Capital Co Ltd, Axis Capital Ltd., BofA Securities India Ltd., HSBC Securities and Capital Markets (India) Pvt Ltd., ICICI Securities Ltd, Jefferies India Pvt Ltd., JM Financial Ltd., Motilal Oswal Investment Advisors Pvt Ltd and SBI Capital Markets Ltd are the for the SBI Funds Management Ltd. IPO.
Pre-apply means placing your SBI Funds Management Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the SBI Funds Management Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the SBI Funds Management Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.