SBI Funds Management IPO Live GMP Today

Last GMP recorded

As of 18 Jul 2026, 08:33 pm IST, SBI Funds Management Mainboard IPO is quoting a grey market premium of +₹89 (+15.5% over the issue price), implying a listing around ₹664 per share. Bidding has closed; the GMP below now reflects pre-listing sentiment ahead of the Jul 21 listing.

Current GMP
+89
(+15.5%)
▼ ₹11 vs yesterday
Updated Jul 18, 2026 08:33 pm
Issue Price
₹575
Band: ₹545 - ₹575
Expected Listing
₹664
Based on current GMP
Est. Gain / Lot
+₹2,314
+15.5% on listing
₹14,950 → ₹17,264 (26 sh)
IPO Details
StatusClosed
TypeMainboard
Open DateJul 14, 2026
Close DateJul 16, 2026
Listing DateJul 21, 2026
Lot Size26 shares
Issue Size₹9,813.00 Cr
GMP Trend
GMP History
Date GMP (Rs) Change GMP % Est. Listing
Jul 18, 2026 08:33 pm +89 ▼ 11 +15.5% ₹664
Jul 17, 2026 08:23 am +100 ▼ 1 +17.4% ₹675
Jul 16, 2026 08:07 pm +101 ▲ 7 +17.6% ₹676
Jul 16, 2026 05:04 pm +94 ▼ 2 +16.4% ₹669
Jul 16, 2026 03:12 pm +96 ▲ 87 +16.7% ₹671
Jul 16, 2026 11:55 am +9 ▼ 85 +1.6% ₹584
Jul 15, 2026 11:53 am +94 ▲ 4 +16.4% ₹669
Jul 15, 2026 07:03 am +90 ▼ 2 +15.7% ₹665
Jul 14, 2026 04:20 pm +92 ▼ 2 +16.0% ₹667
Jul 14, 2026 12:10 pm +94 ▲ 7 +16.4% ₹669
Jul 14, 2026 10:58 am +87 ▼ 5 +15.1% ₹662
Jul 14, 2026 10:29 am +92 ▼ 6 +16.0% ₹667
Jul 14, 2026 09:47 am +98 ▼ 2 +17.0% ₹673
Jul 13, 2026 10:24 pm +100 ▼ 8 +17.4% ₹675
Jul 13, 2026 04:11 pm +108 ▲ 14 +18.8% ₹683
Jul 13, 2026 02:04 pm +94 ▼ 5 +16.4% ₹669
Jul 13, 2026 12:34 pm +99 ▲ 11 +17.2% ₹674
Jul 12, 2026 03:52 pm +88 ▲ 4 +15.3% ₹663
Jul 12, 2026 10:52 am +84 ▼ 3 +14.6% ₹659
Jul 12, 2026 07:02 am +87 ▼ 9 +15.1% ₹662
Jul 11, 2026 09:22 pm +96 ▼ 16 +16.7% ₹671
Jul 10, 2026 11:16 pm +112 ▼ 15 +19.5% ₹687
Jul 10, 2026 07:38 pm +127 ▲ 7 +22.1% ₹702
Jul 10, 2026 05:17 pm +120 ▲ 13 +20.9% ₹695
Jul 10, 2026 02:55 pm +107 ▲ 17 +18.6% ₹682
Jul 10, 2026 12:38 pm +90 ▲ 5 +15.7% ₹665
Jul 09, 2026 08:22 pm +85 ▲ 1 +14.8% ₹660
Jul 09, 2026 03:07 pm +84 ▲ 9 +14.6% ₹659
Jul 09, 2026 11:20 am +75 โ€” +13.0% ₹650

SBI Funds Management IPO GMP โ€” Detailed Analysis

What SBI Funds Management GMP Tells Us Today

The current Grey Market Premium for SBI Funds Management IPO is Rs 89 (15.5% over the issue price). Based on this GMP, the implied listing price hovers around Rs 664 per share. Across the 29 GMP records captured for this issue, the trend has been rising by Rs 14 โ€” a useful directional signal for gauging investor sentiment as the listing date approaches.

How to Read the SBI Funds Management GMP Trend

The GMP chart and history table above let you watch how unofficial demand has evolved through the bidding window. A few things worth noting when interpreting this data:

  • Stable or rising GMP through bidding typically signals genuine investor demand and improves the odds of a positive listing day.
  • A late-stage GMP spike (sudden jump only on the last day) is often speculative and tends to fade after listing โ€” treat with caution.
  • A declining GMP can signal either weakening sentiment or rational profit-booking by grey market players ahead of listing.
  • GMP near zero or negative is a red flag โ€” historically, IPOs that listed flat or in discount had GMP fizzle in the final days of bidding.

GMP Reliability for Mainboard IPOs

Mainboard IPO GMP historically tracks the actual listing price within a 10โ€“20% margin in stable market conditions. That said, GMP is not a guarantee โ€” broader market conditions on listing day, FII flows, and sector sentiment can still shift the actual listing price away from what GMP implied. Always cross-check GMP against subscription multiples and fundamentals before drawing conclusions.

SBI Funds Management IPO is expected to list on July 21, 2026. GMP signals between now and listing day are most useful as a real-time read on demand โ€” final listing performance will also depend on subscription levels (especially QIB participation), fundamentals, and overall market conditions on the listing day.

For broader context on how GMP works as an indicator, see our explainer: What is IPO GMP?

GMP (Grey Market Premium) is based on unofficial market activity and does not guarantee listing price. IPO investments are subject to market risk. Please read the offer document before investing.
GMP Update