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SBI Funds Management IPO: The SBI Funds Management IPO entered its final day of bidding on July 16, 2026, with investor demand remaining healthy across most categories.
As of 10:00 AM on Day 3, the ₹9,812.91 crore IPO was subscribed 2.80 times, driven by strong participation from Non-Institutional Investors (NIIs) and continued interest from retail investors. Market participants are now closely watching the final subscription figures before the issue closes later today.
📌 Latest Update (July 16, 2026 | 10:00 AM): SBI Funds Management IPO subscribed 2.80x overall.
📊 SBI Funds Management IPO Day 3 Subscription Status (Live)
| Category | Subscription |
|---|---|
| 🏦 Qualified Institutional Buyers (QIBs) | 1.50x |
| 💼 Non-Institutional Investors (NIIs) | 6.62x |
| 👨👩👧 Retail Individual Investors (RIIs) | 1.64x |
| 👥 Employees | 2.29x |
| ⭐ Shareholders | 4.03x |
| 🔥 Total Subscription | 2.80x |
SBI Funds Management IPO At a Glance 📌
| Particular | Details |
|---|---|
| IPO Type | Book-Built Issue (Offer for Sale Only) |
| Issue Size | ₹9,812.91 crore |
| Face Value | ₹1 per share |
| Price Band | ₹545 – ₹574 per share |
| Lot Size | 26 shares |
| Minimum Investment | ₹14,924 |
| Listing | NSE & BSE |
| Registrar | KFin Technologies Ltd. |
📅 SBI Funds Management IPO Important Dates
| Event | Date |
|---|---|
| Anchor Investor Bidding | July 13, 2026 |
| IPO Opens | July 14, 2026 |
| IPO Closes | July 16, 2026 |
| Allotment Finalisation | July 17, 2026 |
| Refunds | July 20, 2026 |
| Shares Credited to Demat | July 20, 2026 |
| Expected Listing | July 21, 2026 |
Note: The above dates are tentative and may change.
💰 SBI Funds Management IPO Structure
The IPO is entirely an Offer for Sale (OFS), meaning the company will not receive any proceeds from the issue.
The public issue consists of up to 17.09 crore equity shares offered by existing shareholders:
- 🏦 State Bank of India (SBI): Up to 9.95 crore shares
- 🌍 Amundi India Holding: Up to 7.14 crore shares
The final OFS size was revised after pre-IPO transactions completed on July 9, 2026.
🏢 About SBI Funds Management Limited
Founded in 1992, SBI Funds Management Limited (SBIFM) is the investment manager of SBI Mutual Fund, one of India’s largest asset management companies.
The company is a joint venture between State Bank of India (SBI) and Amundi Asset Management.
SBIFM provides:
- 📈 Mutual Funds
- 💼 Portfolio Management Services (PMS)
- 🏦 Alternative Investment Funds (AIFs)
- 📊 Specialised Investment Funds (SIFs)
- 💡 Investment Advisory Services
As of December 31, 2025:
- 💰 Quarterly Average AUM (QAAUM): ₹29.04 lakh crore
- 👥 16.05 million+ investors
- 📊 15.5% market share of India’s mutual fund industry AUM
📉 SBI Funds Management Financial Performance
| Particulars | FY25 | FY24 | FY23 |
|---|---|---|---|
| Revenue from Operations | ₹3,597.76 Cr | ₹2,690.56 Cr | ₹2,161.59 Cr |
| EBITDA | ₹3,412.94 Cr | ₹2,718.82 Cr | ₹1,810.41 Cr |
| Profit After Tax (PAT) | ₹2,540.15 Cr | ₹2,072.79 Cr | ₹1,339.71 Cr |
📌 Key Highlights
✅ Revenue has increased consistently over the last three financial years.
✅ Profit after tax has nearly doubled between FY23 and FY25.
✅ The company continues to maintain strong profitability with healthy operating margins.
🤔 Should You Track the SBI Funds Management IPO?
The SBI Funds Management IPO is among the largest public issues of 2026, attracting strong interest from institutional investors, HNIs, retail investors, and existing shareholders.
With the issue entering its final day, investors will closely monitor:
- 📊 Final subscription numbers
- 🎯 Grey Market Premium (GMP)
- 📝 Allotment status
- 📅 Listing performance on July 21
Strong QIB participation during the final hours is often watched closely by the market, although subscription levels alone do not guarantee listing performance.
FAQs
❓What is the SBI Funds Management IPO subscription status today?
As of 10:00 AM on July 16, 2026, the IPO was subscribed 2.80 times overall.
❓What is the SBI Funds Management IPO price band?
The IPO price band is ₹545 to ₹574 per equity share.
❓What is the minimum investment?
Retail investors need to apply for one lot of 26 shares, requiring an investment of ₹14,924 at the upper price band.
❓When will SBI Funds Management IPO allotment be finalised?
The basis of allotment is expected on July 17, 2026.
❓When is SBI Funds Management IPO listing?
The shares are expected to debut on NSE and BSE on July 21, 2026, subject to the final schedule.
Disclaimer: This article is for informational and educational purposes only and should not be construed as investment advice or a recommendation to buy or sell securities. Investors should read the Red Herring Prospectus (RHP) and consult a qualified financial advisor before making any investment decisions.
