SBI Funds Management Limited

Listed

Asset Management · Mainboard IPO · INE640G01020

Price band

₹545 – ₹574

Lot size

26 shares

Min. investment

₹14,924

Issue size

₹11,693 Cr

Face value

₹1

Registrar

Kfin Technologies Ltd.

Issue timeline

Bidding opens

14 Jul 2026

Bidding closes

16 Jul 2026

Allotment

17 Jul 2026

Listing

21 Jul 2026

Final subscription

Final subscription · NSE

41,81,938

applications

₹2,44,261 Cr

bid value

Category	Bid for	₹ Cr*
Qualified Institutional (QIB)	3,55,55,37,518	2,04,088
Non-Institutional >₹10L (bNII)	38,02,33,360	21,825
Non-Institutional ₹2–10L (sNII)	9,13,19,514	5,242
Retail (RII)	12,46,55,024	7,155
Employees	60,92,398	350
SHARET	9,75,84,032	5,601
Total	4,25,54,21,846	2,44,261

Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.

About the company

SBI Funds Management Ltd is the largest asset management company in India based on assets under management (AUM). It manages the SBI Mutual Fund and offers a wide range of investment products.

Issue details

Issue size

₹11693 Cr

Offer for sale

₹11,693 Cr

Industry

Asset Management

Promoter holding (pre)

98.02%

Promoter holding (post)

88%

Financials (₹ Cr)

Metric	FY 2024	FY 2025	FY 2026
Total income	3,426.08	4,236.15	4,976.11
EBITDA	2,718.82	3,412.94	4,058.44
Profit after tax	2,072.79	2,540.15	3,067.38
Net worth	6,747.75	8,297.53	5,963.06
Total assets	7,106.93	8,771.86	6,420.45
Total borrowing	—	—	—

EPS 15.06P/E 38.12RoE 43.02%%

Strengths

Market Leader in India
Leader in Portfolio Management Services (PMS)
Strong SIP Franchise
Structured Investment Process
Strong Distribution Network
Advanced Technology and Data Use

Risks

Market volatility affecting AUM
Regulatory changes impacting operations
Competition from other asset management companies
Dependence on key personnel

Documents

Red Herring Prospectus (RHP)Draft Red Herring Prospectus (DRHP)

Calculate your bid

At cut-off price ₹574

Lots

Shares: 26
Amount: ₹14,924

UPI mandate — funds are blocked, not debited.

SEBI-registered broker — NSE member 90113
Funds stay blocked in your own bank — debited only on allotment
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