| Type | Description | Contributor | Date |
|---|---|---|---|
 | Post created | Pocketful Team | Jul-14-26 |
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SBI Funds Management IPO Day 1 Subscription: GMP, Status & Review
Published on : 14th July 2026
|Updated on : 14th July 2026
SBI Funds Management, one of India’s leading asset management companies, is launching an initial public offering (IPO) to raise up to ₹9,812.91 crore. The issue opens for subscription on July 14, 2026, and will close on July 16, 2026, with a price band fixed at ₹545 to ₹574 per share. Since the IPO is entirely an offer for sale (OFS), the company will not receive any proceeds from the issue. The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on July 21, 2026, subject to allotment and necessary regulatory approvals.
SBI Funds Management IPO Day 1 Subscription Status
On Day 1, SBI Funds Management. IPO witnessed a strong investor turnout, closing with an overall subscription of 0.65 times. The NII category led the demand, The Non-Institutional Investors 1.28 times subscription Overall, indicating good participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 1.24 times, while the sNII (less than ₹10 lakh) segment saw 1.35 times subscription. The Retail Individual Investors (RII) category was subscribed 0.63 times, reflecting healthy retail interest. The Anchor investors among second Highest with 1 times, Shareholders approx 0.90 times the issue garnered 9,08,186 applications, with total bids amounting to approximately 4,652.05 crore, showcasing confidence across investor categories in the company’s growth potential.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 0.07 |
| Non-Institutional Investors (NII) | 1.28 |
| bNII (above ₹10 lakh) | 1.24 |
| sNII (less than ₹10 lakh) | 1.35 |
| Retail Individual Investors (RII) | 0.63 |
| Total Subscriptions | 0.65 |
Total Applications: 9,08,186 crore
Total Bid Amount (₹ Crores): 4,652.05
How to Check SBI Funds Management IPO Allotment Status?
SBI Funds Management IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (KFin Technologies Limited)
The most reliable way is to check allotment from the KFin Technologies Limited website.
How to do:
- Visit KFin Technologies Limited official website
- Select “SBI Funds Management” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from BSE or NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.
How to do:
- Visit BSE or NSE’s official website
- Select ‘Equity’ segment
- Select “SBI Funds Management” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the SBI Funds Management IPO
For SBI Funds Management IPO, the issue is a 100% Offer for Sale (OFS) with no fresh issue component. Therefore, the company will not receive any proceeds from the IPO. The entire proceeds of approximately ₹9,812.91 crore will be received by the selling shareholders after deducting applicable expenses and taxes.
| Use of IPO Proceeds | Amount (₹ Cr) |
|---|---|
| Proceeds to be received by selling shareholders through Offer for Sale (OFS) | 9,812.91 |
SBI Funds Management – Day 1 Update
The grey market premium (GMP) of the SBI Funds Management stands at ₹90 as of July 14, 2026 (Day 1). Considering the upper end of the price band at ₹574 per share, the estimated listing price is around ₹664, reflecting a potential gain of approximately 15.68% per share in the grey market.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 14-07-2026 (Day 1) | ₹90 | ₹664 | 15.68% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
SBI Funds Management IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | July 14, 2026 |
| IPO Closing Date | July 16, 2026 |
| Issue Price Band | ₹545 to ₹574 per share |
| Total Issue Size | 17,09,56,631 shares (aggregating up to ₹9,812.91 Cr) |
| Listing Platform | BSE, NSE |
| Registrar | KFin Technologies Limited |
| DRHP | SBI Funds Management |
Important Dates for SBI Funds Management IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | July 17, 2026 |
| Refunds Initiation | July 20, 2026 |
| Credit of Shares to Demat | July 20, 2026 |
| Listing Date | July 21, 2026 |
Overview Of SBI Funds Management
SBI Funds Management Limited is one of India’s leading asset management companies, offering a wide range of mutual funds and investment solutions across equity, debt, hybrid, and other asset classes. The company serves retail and institutional investors through an extensive distribution network across India. Backed by SBI and Amundi, SBI Funds Management has established a strong presence in India’s growing mutual fund industry. With increasing financial awareness, rising mutual fund participation, and growing demand for professionally managed investments, the company continues to strengthen its position in India’s asset management sector.
Frequently Asked Questions (FAQs)
01
What is the opening and closing date of SBI Funds Management IPO ?
SBI Funds Management IPO will open on 14 July 2026 and will close on 16 July 2026.
02
What is the price band of the SBI Funds Management IPO ?
Its price band is fixed from ₹545 to ₹574 per share.
03
What is the GMP (Grey Market Premium) of SBI Funds Management IPO today?
The GMP on 05 June 2026 is ₹90, which leads to a possible listing price of ₹664.
04
What is the total issue size of SBI Funds Management IPO?
The total issue size of the CMR Green Technologies IPO is ₹9,812.91 crore, The IPO is entirely an Offer for Sale (OFS).
05
What is the expected listing date of SBI Funds Management ?
This IPO is expected to be listed on BSE and NSE on June 21, 2026.
Disclaimer
The information shared in this content is intended solely for educational and informational purposes and should not be considered financial, investment, or trading advice. Any references to stocks, mutual funds, or market instruments are purely for informational purposes and do not constitute recommendations. Investments in financial markets are subject to market risks, and past performance is not indicative of future returns. Readers are advised to conduct independent research, review official documents carefully, and consult a qualified financial advisor before making any investment or trading decisions.
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