SBI Funds Management IPO
The SBI Funds Management IPO was a ₹9,812.91 crore mainboard issue (offer for sale only), open for bidding from 14 Jul to 16 July 2026 at a price band of ₹545 to ₹574. The final issue price was ₹574. It was subscribed 41.66 times overall, and 3.60 times in the retail category. Shares listed on NSE and BSE on 21 July 2026 at ₹613.30, 6.8% above the issue price, and closed the first day at ₹609.75.
- Listing gain at open
- +6.8%₹613.30 vs ₹574
- Issue price
- ₹574Band ₹545 to ₹574
- Lot size
- 26 sharesMinimum ₹14,924
- Issue size
- ₹9,812.91 crore
- Subscribed
- 41.66xOverall
- Listed
- 21 Jul 2026NSE, BSE
Price and lots
SBI Funds Management IPO details
NSE issue details| Bidding dates | 14 Jul 2026 to 16 Jul 2026 |
| Listing date | 21 July 2026 |
| Price band | ₹545 to ₹574 |
| Final issue price | ₹574 |
| Face value | ₹1 per share |
| Lot size | 26 shares |
| Minimum investment | ₹14,924 (26 shares, our calculation) |
| Retail maximum | 13 lots (₹1,94,012), under ₹2 lakh (our calculation) |
| Issue size | ₹9,812.91 crore (our calculation from the NSE issue details) |
| Type of issue | 100% Book Building, Offer for sale only |
| Employee discount | ₹54 per share |
| Listed on | NSE and BSE |
| NSE symbol | SBIFUNDS |
| BSE code | 544829 |
| ISIN | INE640G01020 |
| Lead managers | Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, HSBC Securities, Capital Markets (India) Private Limited, ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited. |
| Registrar | KFin Technologies Limited |
Subscription and listing
SBI Funds Management IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details- QIBs140.11x
- Non-institutional (NII)22.51x
- NII above ₹10 lakh26.01x
- NII ₹2 lakh to ₹10 lakh15.51x
- Retail3.60x
- Employees4.65x
- Shareholders9.52x
- Total41.66x
Times subscribed at the close of bidding, as published by NSE. It is a fact about demand, not a sign of quality.
Listing day
Our calculation: gains vs issue price| NSE | BSE | |
|---|---|---|
| Open | ₹613.30 | ₹610.00 |
| High | ₹624.95 | - |
| Low | ₹598.20 | - |
| Close | ₹609.75 | ₹609.90 |
| Gain at open | +6.8% | +6.3% |
| Gain at close | +6.2% | +6.3% |
| Shares traded | 8,48,48,648 | - |
Latest: closed at ₹499.55 on NSE on 6 November 2026, −13.0% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the SBI Funds Management IPO compares
Our calculation: 2026 mainboard IPOs on IPO24by7Among 109 mainboard IPOs of 2026 on our tracker, the SBI Funds Management IPO's subscription of 41.66 times ranks 46th of 109, and its listing gain of 6.8% at open ranks 57th of 107. By issue size it ranks 3rd. The median listing-day gain at open for mainboard IPOs this year is +7.6%. See all 2026 IPOs with listing gains or the IPO calendar for July 2026.
Other mainboard IPOs listed in July 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| INDO-MIM | 30 Jul 2026 | ₹485 | 72.34x | +44.3% |
| Lohia Corp | 30 Jul 2026 | ₹425 | 7.25x | +8.5% |
| Xtranet Technologies | 30 Jul 2026 | ₹127 | 12.24x | +7.1% |
| Caliber Mining and Logistics | 24 Jul 2026 | ₹424 | 146.64x | +18.0% |
| Alpine Texworld | 21 Jul 2026 | ₹105 | 1.40x | 0.0% |
| Laser Power & Infra | 16 Jul 2026 | ₹214 | 38.94x | +16.8% |
Allotment
SBI Funds Management IPO allotment status
- Open the registrar's pageKFin Technologies Limited is the registrar. Open its allotment page.
- Select SBI Funds Management LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
SBI Funds Management IPO FAQs
What was the SBI Funds Management IPO price band?
The price band was ₹545 to ₹574 per share and the final issue price was ₹574. The face value is ₹1 per share.
What was the SBI Funds Management IPO lot size?
One lot was 26 shares. The minimum investment at the issue price was ₹14,924. Retail investors could apply for up to 13 lots.
How many times was the SBI Funds Management IPO subscribed?
It was subscribed 41.66 times overall, as published by NSE. QIBs bid 140.11 times their quota, NIIs 22.51 times and retail investors 3.60 times.
What was the SBI Funds Management IPO listing price?
It opened at ₹613.30 on NSE and BSE on 21 July 2026, a gain of 6.8% over the issue price of ₹574 (our calculation). It closed the day at ₹609.75.
How do I check SBI Funds Management IPO allotment status?
KFin Technologies Limited is the registrar. Select SBI Funds Management Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the SBI Funds Management IPO a fresh issue or an offer for sale?
Offer for sale only, as stated in the NSE issue details. The company did not receive money from the IPO; it went to the selling shareholders.
Who were the lead managers of the SBI Funds Management IPO?
Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, HSBC Securities, Capital Markets (India) Private Limited, ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited..
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.