SBI Funds Management IPO Details

Bookbuilding IPO | ₹11,693 Cr | Listing at BSE, NSE | Tue, Jul 14, 2026 - Thu, Jul 16, 2026

IPO Details

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SBI Funds Management IPO is a book build issue of ₹11,692.91 crores. The issue is entirely an offer for sale of 20.37 crore shares of ₹11,692.91 crore.

SBI Funds Management IPO opens for subscription on Jul 14, 2026 and closes on Jul 16, 2026. The allotment for the SBI Funds Management IPO is expected to be finalized on Jul 17, 2026. SBI Funds Management IPO will list on NSE and BSE with a tentative listing date fixed as Jul 21, 2026.

SBI Funds Management IPO is set issue price band at ₹545 to ₹574 per share. The lot size for an application is 26 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,924 (26 shares) (based on upper price). The lot size investment for sNII is 14 lots (364 shares), amounting to ₹2,08,936, and for bNII, it is 68 lots (1,768 shares), amounting to ₹10,14,832.

Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Refer to SBI Funds Management IPO RHP for detailed Information.

IPO Open

Tue, Jul 14, 2026

IPO Close

Thu, Jul 16, 2026

Price Band

₹545 to ₹574

Market Cap (Pre-IPO)

₹1,16,913.90 Cr

IPO Details

IPO Date

14 to 16 Jul, 2026
Listing Date

Tue, Jul 21, 2026
Face Value

₹1 per share
Price Band

₹545 to ₹574
Lot Size

26 Shares
Sale Type

OFS only
Issue Type

Bookbuilding IPO
Listing At

BSE, NSE
Employee Discount

₹54.00

Total Issue Size

20,37,09,239 shares (agg. up to ₹11,693 Cr)
Fresh Issue

20,37,09,239 shares of ₹1 (agg. up to ₹11,693 Cr)
Share Holding Pre Issue

2,03,68,27,612 shares
Share Holding Post Issue

2,03,68,27,612 shares

IPO Timetable (Tentative)

IPO Open

Tue, Jul 14, 2026
Allotment

Fri, Jul 17, 2026
Credit of Shares

Mon, Jul 20, 2026

IPO Close

Thu, Jul 16, 2026
Refund

Mon, Jul 20, 2026
Listing

Tue, Jul 21, 2026

Issue Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50% of the Offer
Retail Shares Offered	Not less than 35% of the Offer
NII Shares Offered	Not less than 15.0% of the Offer

IPO Lot Size

Investors can bid for a minimum of 26 shares and in multiples thereof.

Application	Lots	Shares	Amount
Retail (Min)	1	26	₹14,924
Retail (Max)	13	338	₹1,94,012
S-HNI (Min)	14	364	₹2,08,936
S-HNI (Max)	67	1,742	₹9,99,908
B-HNI (Min)	68	1,768	₹10,14,832

Investor Category Reservations

Category	Limit	Cut-off
RII	Up to ₹2 Lakhs	Yes
sNII	₹2 Lakhs – ₹10 Lakhs	No
bNII	Above ₹10 Lakhs	No
Shareholder (SH)	Up to ₹2 Lakhs	Yes
Employee (EMP)	Up to ₹5 Lakhs	Yes
Employee + Shareholder	Up to ₹2 Lakhs (SH) + Up to ₹5 Lakhs (EMP)	Yes
Shareholder + RII/NII	Up to ₹2 Lakhs (SH) + RII/NII limits	Yes (SH/RII)
Employee + RII/NII	Up to ₹5Lakhs (EMP) + RII/NII limits	Yes (EMP/RII)
Employee + Shareholder + RII/NII	Upto ₹2 Lakhs (SH) + Upto ₹5 Lakhs (EMP) + RII/NII limits	Yes (SH/EMP/RII)

About SBI Funds Management Ltd.

SBI Funds Management Ltd was established in 1992 and is the largest asset management company (AMC) in India based on assets under management (AUM). The company manages the well-known SBI Mutual Fund. It is a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products such as equity funds, debt funds, hybrid funds, ETFs, and portfolio management services (PMS). As of 2025, the company manages around ₹16.32 lakh crore in assets, which represents about 15.5% of India’s total mutual fund AUM.

As of December 31, 2025, the company serves more than 16.05 million investors, including both individual and institutional clients.

It manages a diversified portfolio of 126 mutual fund schemes, covering different categories such as:

Equity and equity-oriented funds
Debt funds
Arbitrage funds
Exchange Traded Funds (ETFs)
Index funds
Overseas fund-of-funds
Liquid and overnight funds

The company also has a global investment presence. Its international business includes:

India-focused investment mandates for institutional investors in Japan, Australia, and Korea, with AUM of ₹232,090.37 million.

UCITS India-focused funds sponsored by Amundi, with AUM of ₹86,816.48 million, distributed across Europe, the Middle East, South America, and Southeast Asia.

Advisory services for Amundi’s Global Emerging Markets funds, managing ₹145,839.65 million in India-related assets.

Competitive Strengths

Market Leader in India
The company is the largest asset management company in India by mutual fund AUM, benefiting from strong growth and operating scale.
Leader in Portfolio Management Services (PMS)
It is the largest PMS provider in India, with 39% market share in PMS and advisory assets. It also runs the largest Specialized Investment Fund (SIF) platform with 61% market share.
Strong SIP Franchise
The company has a 16.09% market share in live SIP accounts, showing strong investor trust and long-term investment participation.
Structured Investment Process
A process-driven investment framework helps maintain consistent performance and supports continuous product innovation.
Strong Distribution Network
A well-diversified, pan-India distribution network helps the company reach a wide range of investors.
Advanced Technology and Data Use
The company uses modern technology and data analytics to improve investor engagement and provide better services.

Company Financials (Restated)

SBI Funds Management Ltd.’s revenue increased by 17% and profit after tax (PAT) rose by 21% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	6,420.45	8,771.86	7,106.93
Total Income	4,976.11	4,236.15	3,426.08
Profit After Tax	3,067.38	2,540.15	2,072.79
EBITDA	4,058.44	3,412.94	2,718.82
NET Worth	5,963.06	8,297.53	6,747.75
Reserves and Surplus	326.73	255.12	182.02

Recently Listed IPOs in Asset Management Company

Company	Issue Type	Issue Size	Issue Price	PE Ratio	Listing Day Close	Listing Gain/Loss %	LTP
ICICI Prudential Asset Management Co.Ltd.	Mainboard	₹10,602.65 Cr	₹2165	40.37	₹2,585.90	+19.44%	₹3,149.20 (-1.63%)
Canara Robeco Asset Management Co.Ltd.	Mainboard	₹1,326.13 Cr	₹266	27.82	₹300.45	+12.95%	₹243.61 (-2.87%)

Key Performance Indicator (KPI)

KPI	Mar 31, 2026	Mar 31, 2025
ROE	43.02%	33.77%
RoNW	43.02%	33.77%
EBITDA Margin	92.46%	94.86%
Price to Book Value	19.60	14.05

	Pre IPO	Post IPO
EPS (₹)	15.06	15.06
P/E (x)	38.12	38.12
Promoter Holding	98.02%	88%
Market Cap	₹1,16,913.90 Cr.

State Bank of India, Amundi India Holding and Amundi Asset Management

The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

IPO Registrar

Kfin Technologies Ltd.

040-79615565
sbifml.ipo@kfintech.com
Visit Website

IPO Lead Manager(s)

Kotak Mahindra Capital Co.Ltd. (Past IPO Performance)
Axis Capital Ltd. (Past IPO Performance)
BOFA Securities India Ltd. (Past IPO Performance)
HSBC Securities & Capital Markets (India) Pvt.Ltd. (Past IPO Performance)
ICICI Securities Ltd. (Past IPO Performance)
Jefferies India Pvt.Ltd. (Past IPO Performance)
JM Financial Ltd. (Past IPO Performance)
Motilal Oswal Investment Advisors Ltd. (Past IPO Performance)
SBI Capital Markets Ltd. (Past IPO Performance)

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

SBI Funds Management Ltd. Address

9 th Floor, Crescenzo

C – 38 & 39, G Block

Bandra Kurla Complex, Bandra (East)

Mumbai, Maharashtra, 400051

+91 22 6179 3000
companysecretary@sbimf.com
Visit Website

IPO FAQs

What is the SBI Funds Management IPO?

SBI Funds Management IPO is a main-board IPO of 20,37,09,239 equity shares of the face value of ₹1 aggregating up to ₹11,693 Crores. The issue is priced at ₹545 to ₹574. The minimum order quantity is 26.

The IPO opens on Tue, Jul 14, 2026, and closes on Thu, Jul 16, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

How to apply in SBI Funds Management IPO through Angel One?

Angel One customers can apply online in SBI Funds Management IPO using UPI as a payment gateway. Angel One customers can apply in SBI Funds Management IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in SBI Funds Management IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘SBI Funds Management IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

When SBI Funds Management IPO will open?

The SBI Funds Management IPO opens on Tue, Jul 14, 2026 and closes on Thu, Jul 16, 2026.

What is the lot size of SBI Funds Management IPO?

SBI Funds Management IPO lot size is 26, and the minimum amount required for application is ₹14,924.

How to apply for SBI Funds Management IPO?

You can apply in SBI Funds Management IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is SBI Funds Management IPO allotment?

The finalization of Basis of Allotment for SBI Funds Management IPO will be done on Friday, July 17, 2026, and the allotted shares will be credited to your demat account by Mon, Jul 20, 2026. Check the SBI Funds Management IPO allotment status.

When is SBI Funds Management IPO listing date ?

The SBI Funds Management IPO listing date is not yet announced. The tentative date of listing is Tue, Jul 21, 2026.