SBI Funds Management Limited IPO

listed · NSE · Bookbuilding IPO

SBI Funds Management Limited IPO was a ₹9,813 crore book-built issue on NSE with a price band of ₹545–₹574 per share, open for bidding from 14 Jul 2026 to 16 Jul 2026.

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Company overview

Website
https://sbifunds.com/investor-relations

IPO overview

SBI Funds Management Limited raised ₹9,813 crore through a book-built issue, made up entirely of shares sold by existing shareholders, so the company itself receives none of the proceeds.

Bids were accepted within a price band of ₹545–₹574 per share (face value ₹1); the final issue price is set within this band after bidding closes.

The shares listed on NSE on 21 Jul 2026.

Kotak Mahindra Capital Co.Ltd. was the book-running lead manager and Kfin Technologies Ltd. is the registrar, which processes applications, allotment and refunds.

Issue type
Bookbuilding IPO
Issue structure
OFS only
Issue size
₹9,813 crore
Price
₹545–₹574 per share
Face value
₹1 per share
Exchange
NSE
Lead manager
Kotak Mahindra Capital Co.Ltd.
Registrar
Kfin Technologies Ltd.

IPO timeline

  1. Bidding opens 14 Jul 2026
  2. Bidding closes 16 Jul 2026
  3. Basis of allotment 17 Jul 2026
  4. Refunds / unblocking 20 Jul 2026
  5. Shares credited to demat 20 Jul 2026
  6. Listing 21 Jul 2026

Bidding ran from 14 Jul 2026 to 16 Jul 2026.

After bidding, the basis of allotment was due on 17 Jul 2026, refunds / unblocking of funds were due on 20 Jul 2026 and shares were due to be credited to demat accounts on 20 Jul 2026.

The shares listed on 21 Jul 2026.

Subscription summary

By the close of bidding, the issue was subscribed 41.73× overall (last figure recorded 16 Jul 2026).

A full category-wise breakdown is not available for this figure, so only the overall multiple is shown.

Recorded day by day: 14 Jul 0.71×, 15 Jul 2.82× and 16 Jul 41.73×.

Bids were received for 41.73× the shares available, so not every applicant in an oversubscribed category will receive shares.

Grey market premium (unofficial)

The last grey market premium (GMP) we recorded for this issue was ₹94 on 20 Jul 2026, equal to 16.4% of the upper price band.

Across 10 readings between 11 Jul 2026 and 20 Jul 2026, the quoted GMP ranged from ₹88 to ₹100.

We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.

  • GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.

Allotment

The basis of allotment was due on 17 Jul 2026. Applicants can check their status using their PAN, application number or demat account details.

The registrar, Kfin Technologies Ltd., processes allotment; check status on its website or the exchange's application-status page.

Sources and data methodology

NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error

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