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SBI Funds Management Limited IPO | Key Dates, Price Band, and Lot Size
Author
Shoonya Team
SBI Funds Management Limited is launching an IPO of ₹11,692.91 crore, opening for subscription on July 14, 2026. The IPO will close on July 16, 2026. The shares will be listed on NSE and BSE, with a tentative listing date of July 21, 2026.
The price band is set at ₹545 – ₹574 per share, and the minimum lot size is 26 shares. For retail investors, the minimum investment is ₹14,924 (26 shares) at the upper band. In comparison, sNII investors must apply for 364 shares (₹2,08,936), while bNII investors must apply for 1,768 shares (₹10,14,832).
The SBI Funds Management IPO is entirely an offer for sale (OFS) of 20.37 crore shares aggregating to ₹11,692.91 crore. There is no fresh issue component in this IPO. Employees are offered shares at a discount of ₹54 per share, and existing SBI shareholders are also eligible for a separate reservation category.
Here are the quick steps to apply for the SBI Funds Management Limited IPO!
SBI Funds Management Limited | IPO Details
| Detail | Information |
|---|---|
| IPO Opening Date | July 14, 2026 |
| IPO Closing Date | July 16, 2026 |
| Tentative IPO Listing Date | July 21, 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹545 – ₹574 per share |
| Lot Size | 26 shares |
| Total Issue Size | 20,37,09,239 shares (₹11,693 Cr) |
| Fresh Issue | Nil |
| Offer for Sale (OFS) | 20,37,09,239 shares (₹11,693 Cr) |
| Employee Discount | ₹54 per share |
| IPO Segment | Main Board – Book Building |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 2,03,68,27,612 shares |
| Shareholding Post-Issue | 2,03,68,27,612 shares |
| Market Cap (Pre-IPO) | ₹1,16,913.90 Cr |
SBI Funds Management Limited | Company Overview
Established in 1992, SBI Funds Management Limited is the largest asset management company (AMC) in India by assets under management (AUM). It is a joint venture between the State Bank of India and Amundi and manages the well-known SBI Mutual Fund. The company offers a wide range of investment products, including equity, debt, and hybrid funds, ETFs, and portfolio management services (PMS). As of 2025, the company manages approximately ₹16.32 lakh crore in assets, representing around 15.5% of India’s total mutual fund AUM.
As of December 31, 2025, SBI Funds Management serves more than 16.05 million investors across individual and institutional segments. It manages a diversified portfolio of 126 mutual fund schemes, spanning equity and equity-oriented funds, debt funds, arbitrage funds, ETFs, index funds, overseas fund-of-funds, and liquid and overnight funds.
Don’t miss the chance to invest in the SBI Funds Management IPO.
Open Free Demat Account →SBI Funds Management Limited | Key Dates
SBI Funds Management IPO | Lot Size & Investment
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 ₹5 Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
| Employee + Shareholder + RII/NII | Up to ₹2 Lakhs (SH) + Up to ₹5 Lakhs (EMP) + RII/NII limits | Yes (SH/EMP/RII) |
Shares are reserved as follows: not more than 50% for QIBs, not less than 35% for Retail investors, and not less than 15% for NII investors.
SBI Funds Management Limited | Financial Overview
SBI Funds Management Limited’s revenue increased by 17% and profit after tax (PAT) rose by 21% between the financial years ending March 31, 2026 and March 31, 2025, continuing a consistent growth trajectory in both income and profitability.
Here’s a snapshot of its year-on-year financial performance:
| Detail | 31-Mar-26 | 31-Mar-25 | Change | Change % |
|---|---|---|---|---|
| Assets | 6,420.45 | 8,771.86 | -2,351.41 | -26.80% |
| Total Income | 4,976.11 | 4,236.15 | +739.96 | +17.47% |
| Profit After Tax | 3,067.38 | 2,540.15 | +527.23 | +20.76% |
| EBITDA | 4,058.44 | 3,412.94 | +645.50 | +18.91% |
| Net Worth | 5,963.06 | 8,297.53 | -2,334.47 | -28.13% |
| Reserves & Surplus | 326.73 | 255.12 | +71.61 | +28.07% |
Amounts are in ₹ Crore.
SBI Funds Management IPO | FAQs
When does the SBI Funds Management IPO open and close?
The SBI Funds Management IPO opens on July 14, 2026, and closes on July 16, 2026.
What is the price band and lot size for the SBI Funds Management IPO?
The price band for the SBI Funds Management IPO is ₹545 – ₹574 per share, and the minimum lot size is 26 shares. Retail investors must apply for at least 1 lot (26 shares), amounting to ₹14,924 at the upper band.
How can I check the allotment status of the SBI Funds Management IPO?
You can check the SBI Funds Management IPO allotment status on the registrar’s website, KFin Technologies Ltd., using your PAN, Application Number, or DP ID, or via the NSE/BSE issue information pages.
Who is the registrar for the SBI Funds Management IPO?
The registrar for the SBI Funds Management IPO is KFin Technologies Ltd.
What is the refund and Demat credit date for the SBI Funds Management IPO?
SBI Funds Management IPO refunds will be initiated on July 20, 2026, and shares will be credited to Demat accounts on the same day.
What is the face value of SBI Funds Management IPO shares?
The face value of shares under the SBI Funds Management IPO is ₹1 per share.
How many shares are being offered in the SBI Funds Management IPO?
The SBI Funds Management IPO is entirely an OFS of 20,37,09,239 shares. There is no fresh issue component, and the total shareholding of the company remains unchanged post-issue.
What is the IPO segment for SBI Funds Management?
The SBI Funds Management IPO is a Main Board IPO via the book-building issue process, listing on both NSE and BSE.
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