SBI Funds Management – IPO

The IPO of SBI Funds Management is expected to be structured as a book-built issue comprising a fresh issue of equity shares and an offer for sale by existing shareholders. The total issue size and the allocation between the fresh issue and the offer for sale will be disclosed after the company files its Draft Red Herring Prospectus (DRHP).

The SBI Funds Management IPO subscription dates, allotment schedule, and tentative listing date will be announced after the company receives the necessary regulatory approvals. The equity shares are expected to be listed on the BSE and NSE upon the successful completion of the IPO process.

The price band, minimum lot size, and minimum investment amount for retail and institutional investors will be announced closer to the IPO opening date. Investors are advised to refer to the SBI Funds Management IPO RHP for detailed information on the issue structure, financial performance, business operations, risk factors, and other key details.

SBI Funds Management – IPO Details

IPO Date July 14, 2026 to July 16, 2026
Listing Date July 21, 2026
Face Value ₹ 1 / Share
Price Band ₹ 545 to ₹ 574 / Share
Lot Size 26 Shares
Total Issue Size 170956631
(Aggregating up to 9813 )
Fresh Issue
Offer for Sale 170956631
(Aggregating up to 9813 )
Employee Discount
Issue Type Bookbuilding IPO
Listing At BSE NSE
Share holding pre issue 2036827612
Share holding post issue 2036827612
Market Maker portion

SBI Funds Management Timeline (Tentative Schedule)

SBI Funds Management IPO opens on July 14, 2026, and closes on July 16, 2026.

IPO Open Date July 14, 2026
IPO Close Date July 16, 2026
Basis of Allotment July 17, 2026
Initiation of Refunds July 20, 2026
Credit of Shares to Demat July 20, 2026
Listing Date July 21, 2026
Cut-off time for UPI mandate confirmation --

SBI Funds Management IPO Lot Size

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

Application Lots Shares Amount
Retail (Min) 1 26 Rs.14,924
Retail (Max) 13 338 Rs.194,012
S-HNI (Min) 14 364 Rs.208,936
S-HNI (Max) 67 1,742 Rs.999,908
B-HNI (Min) 68 1,768 Rs.1,014,832
HNI (Min)

SBI Funds Management IPO Promoter Holding

Share Holding Pre Issue 2036827612
Share Holding Post Issue 2036827612

SBI Funds Management IPO Reservation

SBI Funds Management IPO comprises a total issue size of 17,09,56,631 shares. The net offer to the public is 15,46,43,655 shares, after excluding 1,63,12,976 shares under a preferential allotment. Of the Net offer 7,73,21,826 (50.00%) are allocated to QIB, 2,31,96,549 (15.00%) allocated to NII 5,41,25,280 (35.00%) allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 46393095
27.14		 NA
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered 30928731
18.09		 NA
NII (HNI) Shares Offered 23196549
13.57		 NA
bNII > ₹10L 15464366
9.05		 42484
sNII < ₹10L 7732183
4.52		 21242
Retail Shares Offered 54125280
31.66		 2081741
Employee Shares Offered 3257347
1.91		 NA
Total Shares Offered 170956631
100.00

SBI Funds Management IPO Anchor Investors Details

Bid Date 2026-07-13
Shares Offered 46393095
Anchor Portion Size (In Cr.) 2662.96
Anchor lock-in period end date for 50% shares (30 Days) August 16, 2026
Anchor lock-in period end date for remaining shares (90 Days) October 15, 2026

About SBI Funds Management

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

  1. 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.
  2. 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.
  3. Strong SIP Franchise
    The company has a 16.09% market share in live SIP accounts, showing strong investor trust and long-term investment participation.
  4. Structured Investment Process
    A process-driven investment framework helps maintain consistent performance and supports continuous product innovation.
  5. Strong Distribution Network
    A well-diversified, pan-India distribution network helps the company reach a wide range of investors.
  6. Advanced Technology and Data Use
    The company uses modern technology and data analytics to improve investor engagement and provide better services.

Key Performance Indicator

KPI Values
ROE 43.02
ROCE
Debt/Equity
RoNW 43.02
P/BV 19.60
PAT Margin (%)
  Pre IPO Post IPO
EPS (Rs) 15.06 15.06
P/E (x) 38.12 38.12

Note:

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



Objects of the Issue (SBI Funds Management IPO Objectives)

SBI Funds Management Contact Details

SBI Funds Management Ltd. Address

9 th Floor, Crescenzo

C – 38 & 39, G Block

Bandra Kurla Complex, Bandra (East)

Mumbai, Maharashtra, 400051

SBI Funds Management IPO Registrar

Kfin Technologies Ltd.

Frequently Asked Questions

What is SBI Funds Management IPO?
The SBI Funds Management IPO is classified as an Mainline IPO. The issue price is set between ₹545 and ₹574 per equity share. A minimum of 26 shares is required per order. The IPO will be open from July 14, 2026, to July 16, 2026. The shares are proposed to be listed on BSE NSE.
When does the SBI Funds Management IPO open and close?
The SBI Funds Management IPO will be opened on July 14, 2026, and closed on July 16, 2026.
What is the issue size of the SBI Funds Management IPO?
The size of the SBI Funds Management IPO is 9813 in total. A fresh issue of shares, aggregating up to , is included.
What is the price band of the SBI Funds Management Limited IPO?
The price band for the IPO has been set between ₹545 - ₹574 per equity share.
What is the allotment date of the SBI Funds Management IPO?
The share allotment date for the SBI Funds Management IPO is set for July 17, 2026.
What is the SBI Funds Management listing date?
The SBI Funds Management IPO is scheduled to be listed on July 21, 2026.
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