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SBI Funds Management Ltd
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SBI Funds Management Ltd IPO

GMP Today
+₹105
+18%
Issue Price
₹574
Est. Listing: ₹679
IPO Overview
Quick facts
Issue Price
₹574
Lot Size
26 shares
Min. Investment
₹14,924
Issue Size
20,37,09,239 shares (agg. up to ₹11,693 Cr)
Face Value
₹1
Issue Type
Mainboard
Listing Exchange
NSE & BSE
Script Code
Important Dates
IPO Open
14 Jul 2026
Done
IPO Close
16 Jul 2026
Today
Allotment
17 Jul 2026
Refund Init.
20 Jul 2026
Demat Credit
20 Jul 2026
Listing Date
21 Jul 2026
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 30928731 ₹—
NII / HNI (Non-Institutional) 23196549
Retail (Individual) 54125280 1 ₹14,924
OFS (Offer for Sale) 20,37,09,239 shares of ₹1 (agg. up to ₹11,693 Cr) ₹—
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 1 26 ₹14,924
Subscription Status
Live
Metric QIB NII Retail Total
Subscription 1.50 6.59 1.71 2.82
Shares 30928731 23196549 54125280 124563536
Bids 46396974 152949654 92613612 351553852
Financial Highlights

Amount in ₹ Crore

Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Revenue 497642363426
PAT 306725402072
EBITDA 405834122718
Net Worth 596382976747
Total Assets 642087717106
Reserves 326255182
ROE
43
RONW
43
EBITDA Mgn
92
P/B Value
19
Pre EPS
15
Post EPS
15
Pre P/E
38
Post P/E
38
Objects of Issue
  • {"object":null,"expected_amount":null}
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

  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.
Apply for This IPO
₹574
Min. ₹14,924 · 26 shares/lot
Expected Listing ₹679
GMP +₹105 (+18%)
Close Date 16 Jul 2026
Apply Now — Open
Pre-Issue
2,03,68,27,612 shares
Post-Issue
2,03,68,27,612 shares
Company Contact
Registrar
Kfin Technologies Ltd
  • 040-79615565
  • sbifml.ipo@kfintech.com
Lead Managers
  • Kotak Mahindra Capital Co.Ltd.
  • Axis Capital Ltd
  • BOFA Securities India Ltd
  • HSBC Securities & Capital Markets (India) Pvt.Ltd.
  • ICICI Securities Ltd
  • Jefferies India Pvt.Ltd
  • JM Financial Ltd.
  • Motilal Oswal Investment Advisors Ltd
  • SBI Capital Markets Ltd
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