SBI Funds Managment Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹65(11.32%)
Premium (ELP)
The Initial Public Offering of SBI Funds Managment Limited's culminated in its successful listing on Jul 21, 2026 at the NSE, BSE trading platform. The company secured 17,09,56,631 Shares through this capital market exercise, withTBD allocated to new capital formation and ₹9795.31 Cr to existing shareholder liquidity.
Investors participated within the price parameters of ₹545 to ₹574, with minimum investment requirements of 26 shares. The subscription period from Jul 14, 2026 to Jul 16, 2026 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Jul 17, 2026. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
SBI Funds Management Ltd, established in 1992, is India’s largest asset management company based on assets under management and manages the well-known SBI Mutual Fund as a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products including equity, debt, hybrid funds, ETFs, and portfolio management services, catering to both individual and institutional investors. As of 2025, it manages around ₹16.32 lakh crore in assets, accounting for about 15.5% of the total mutual fund AUM in India, and serves over 16.05 million investors. It operates a diversified portfolio of 126 schemes across categories such as equity, debt, arbitrage, ETFs, index funds, overseas fund-of-funds, and liquid and overnight funds. The company also has a strong global presence, managing India-focused mandates for institutional investors in countries like Japan, Australia, and Korea, along with UCITS funds distributed across Europe, the Middle East, South America, and Southeast Asia, and providing advisory services for Amundi’s global emerging market funds with significant India-related assets.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Market Leadership: The company is India's largest Portfolio Management Services (PMS) provider and the leading Specialized Investment Fund (SIF) platform by assets under management.
- Strong Parentage: Backed by SBI and Amundi, the company benefits from strong financial support, wide distribution, and global investment expertise.
- Wide Distribution Network: Its extensive network of distributors, bank partnerships, branches, and digital platforms helps it reach customers across India.
- AUM-Linked Revenue Risk: The company's revenue depends on its assets under management. A decline in AUM may reduce earnings.
- Capital Market Dependency: Business performance is closely linked to market conditions. Weak markets or high volatility may affect growth and profitability.
- Investment Performance Risk: Poor fund performance compared to peers or benchmarks could lead to lower investor inflows and higher redemptions.
- State Bank of India
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SBI Funds Managment Limited
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