SBI Funds Management IPO

Upcoming Mainboard
Open Jul 14
Close Jul 16
Allotment Jul 17
Refund Jul 20
Listing Jul 21

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IPO Details

Face Value₹1 Per Equity Share
Issue TypeBook-build Issue
Lead ManagerAxis Capital Limited, BofA Securities India Limited, ICICI Securities Limited, HSBC Securities and Capital Markets (India) Private Limited, Kotak Mahindra Capital Company Limited, Jefferies India Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited
RegistrarKfin Technologies Ltd.
Listing atBoth

IPO Reservation

Category Shares Offered Shares %

Financial Analysis

Financial Data
EPS (Pre)
Rs 12.53
ROE
33.77%
RoNW
33.77%
NAV/Share
Rs 40.85
Revenue Growth
23.64%
Profit Margin
59.96%
Financial Performance
Metric 2023 2024 2025 Dec 2025
Revenue 2,412.58 3,426.08 4,236.15 3,883.24
Expense 641.71 752.46 871.81 735.58
Profit (PAT) 1,339.71 2,072.79 2,540.15 2,432.91
Total Assets 4,984.24 7,106.93 8,771.86 7,824.71
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV Income
ICICI Prudential Asset Management Company Limited 53.60 53.73 82.80 71.20 4,682.78 Cr
HDFC Asset Management Company Limited 57.58 41.50 32.36 189.82 3,498.44 Cr
Nippon Life India Asset Management Limited 20.34 41.12 31.39 66.38 2,230.69 Cr
Aditya Birla Sun Life Asset Management Company Limited 32.26 28.99 26.99 129.19 1,684.78 Cr
UTI Asset Management Company Limited 57.35 16.68 16.28 359.37 1,851.09 Cr
Promoters & Holding Pattern

Promoters: State Bank of India, Amundi India Holding and Amundi Asset Management

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 2,03,68,27,612 98.02%

Strengths & Risks

Strengths
  • Revenue grew 24% in the latest reported year.
  • Solid profit margin — 60.0%.
  • Strong return on equity — 34%.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About SBI Funds Management

With its incorporation in 1992, the SBI Funds Management is India’s oldest and largest Assest Management company, with an experience of 38 years in managing SBI Mutual Fund. It is backed by India’s largest bank, the State Bank of India, and it is a joint venture between Amundi and the State Bank of India. Along with India, the firm also has an international presence in Japan, Australia, and Korea with AUM of ₹232,090.37 million. The firm manages a diversified portfolio of 126 mutual fund schemes across equity and equity-oriented, debt, arbitrage, ETFs, index, overseas fund-of-funds, and Liquid and overnight funds. As of December 31, 2025, the firm has offered its services to over 16.05 million investors and manages around ₹16.32 lakh crores of investors’ money.

Resources & Documents

Company Contact Information

SBI Funds Management Ltd., 9 th Floor, Crescenzo, C – 38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051

SBI Funds Management IPO — Quick Take

SBI Funds Management is preparing a mainboard offering. The Mainboard issue is scheduled to open for subscription on July 14, 2026 — 11 days from now.

With its incorporation in 1992, the SBI Funds Management is India’s oldest and largest Assest Management company, with an experience of 38 years in managing SBI Mutual Fund. It is backed by India’s largest bank, the State Bank of India, and it is a joint venture between Amundi and the State Bank of India.

The issue is promoted by State Bank of India, Amundi India Holding and Amundi Asset Management with Axis Capital Limited, BofA Securities India Limited, ICICI Securities Limited, HSBC Securities and Capital Markets (India) Private Limited, Kotak Mahindra Capital Company Limited,… acting as lead manager.

On fundamentals, the company is posting revenue growth of 23.6%, a profit margin of 60.0%, return on equity of 33.8% in its most recent reported period. Listed peers in this segment include ICICI Prudential Asset Management Company Limited (P/E 53.73x) and HDFC Asset Management Company Limited (P/E 41.50x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

SBI Funds Management IPO opens for subscription on July 14, 2026 and closes on July 16, 2026.

The expected allotment date for SBI Funds Management IPO is July 17, 2026. Refunds for unsuccessful applicants are expected on July 20, 2026.

SBI Funds Management IPO is scheduled to list on July 21, 2026 on both BSE and NSE.

The registrar for SBI Funds Management IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for SBI Funds Management IPO are Axis Capital Limited, BofA Securities India Limited, ICICI Securities Limited, HSBC Securities and Capital Markets (India) Private Limited, Kotak Mahindra Capital Company Limited, Jefferies India Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited.

The promoter(s) of SBI Funds Management are State Bank of India, Amundi India Holding and Amundi Asset Management.

You can apply for SBI Funds Management IPO online before 16 Jul 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for SBI Funds Management in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized within 3 working days of the close date. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

SBI Funds Management IPO GMP — What It Means

No active grey market premium has been recorded for SBI Funds Management IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full SBI Funds Management GMP history and trend, or learn how grey market premium works and how reliable it is.

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