Status
Listed
Price band
₹545–₹574
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
26 shares
Minimum money
₹14,924 for 1 lot
Issue size
₹9,795.32 crore
Dates
14 Jul 2026 – 16 Jul 2026
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
SBI Funds Management Ltd. IPO is listed. It opens on 14 Jul 2026 and closes on 16 Jul 2026. The price band is ₹545 to ₹574. One lot is 26 shares, and the minimum amount is ₹14,924. The issue size is ₹9,795.32 crore, with an offer for sale of ₹9,795.32 crore. In FY26, total income was ₹4,976.11 crore and profit after tax was ₹3,067.38 crore. Total income was up 17.5% from ₹4,236.15 crore in FY25. Profit after tax was up 20.8% from ₹2,540.15 crore in FY25.
The total subscription for SBI Funds Management Ltd. is 41.73 times.
SBI Funds Management Ltd. listed at ₹613.3.
SBI Funds Management manages SBI Mutual Fund, India's largest mutual fund house. It is a subsidiary of State Bank of India.
Dates
Opens
14 Jul 2026
Closes
16 Jul 2026
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
17 Jul 2026
Refunds
20 Jul 2026
Demat credit
20 Jul 2026
Listing
21 Jul 2026
Promoters
State Bank of India, Amundi India Holding and Amundi Asset Management
Subscription
Subscribed 41.73x overall. Final, as of 16 Jul 5 pm IST.
Total
41.73x
Issue structure
Offer for sale
₹9,795.32 crore
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹1
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹9,795.32 crore
- Exchanges
- BSE, NSE
- Registrar
- Kfin Technologies Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹3,426.08 crore | ₹2,072.79 crore |
| FY25 | ₹4,236.15 crore | ₹2,540.15 crore |
| FY26 | ₹4,976.11 crore | ₹3,067.38 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹6,747.75 crore |
| FY25 | ₹8,297.53 crore |
| FY26 | ₹5,963.06 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 3,426.08 | 2,072.79 | 6,747.75 | — | — |
| FY25 | 4,236.15 | 2,540.15 | 8,297.53 | — | — |
| FY26 | 4,976.11 | 3,067.38 | 5,963.06 | — | — |
Listing
- Listing price
- ₹613.3
- Close on listing day
- ₹609.75
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 6.85% versus ₹574
Frequently asked questions
When does this issue open?
It opens on 14 Jul 2026 and closes on 16 Jul 2026.
What is the lot size and the minimum amount?
One lot is 26 shares. The minimum amount is ₹14,924 for 1 lot.
When are allotment and listing?
Allotment is on 17 Jul 2026. Listing is on 21 Jul 2026.
What is the price band?
The price band is ₹545 to ₹574.
What is the issue size?
The issue size is ₹9,795.32 crore.
How many times was it subscribed?
The total subscription is 41.73 times, checked 16 Jul 2026, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 6.85%.
This page is a calendar of dates and prices. It is not a recommendation to apply.