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BSE, NSE
SBI Funds Management Ltd
Listed
SBI Funds Management Ltd was established in 1992 and is the largest asset management company (AMC) in India based on assets under management (AUM).
Issue details
Price band
₹545 – ₹574
Face value
₹1
Lot size
26 shares
Minimum investment
₹14,924
Issue size
₹9795.32 Cr
Fresh issue
—
Offer for sale
₹9795.32 Cr
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
14 Jul 2026
Closes
16 Jul 2026
UPI mandate cut-off
5:00 PM on 16 Jul 2026
Allotment
17 Jul 2026
Refunds
20 Jul 2026
Shares in demat
20 Jul 2026
Listing
21 Jul 2026
Subscription and listing
Subscription
30.47x
Listing price
₹613.30
Registrar
Kfin Technologies Ltd
Lead manager
Kotak Mahindra Capital Co., Axis Capital, BOFA Securities India, HSBC Securities & Capital Markets (India), ICICI Securities, Jefferies India, JM Financial, Motilal Oswal Investment Advisors, SBI Capital Markets
Subscription by category
Total
30.47x
Total applications
60,13,372
Anchor investors
Amount raised
₹2,662.96 Cr
Bid date
13 Jul 2026
50% lock-in ends
16 Aug 2026
Rest lock-in ends
15 Oct 2026
Listing day
Issue price
₹574
Open
₹613.30
High
₹624.95
Low
₹598.20
Day close
₹609.75
Listing gain at open
+6.85%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
7,73,21,826
45.23%
Anchor Investor Shares Offered
4,63,93,095
27.14%
QIB (Ex. Anchor) Shares Offered
3,09,28,731
18.09%
NII Shares Offered
2,31,96,549
13.57%
bNII > ₹10L
1,54,64,366
9.05%
sNII < ₹10L
77,32,183
4.52%
Retail Shares Offered
5,41,25,280
31.66%
Employee Shares Offered
32,57,347
1.91%
Shareholders Shares Offered
1,30,55,629
7.64%
Total Shares Offered
17,09,56,631
100.00%
Finaccle’s quick read
Neutral
FY26 income up 17%, PAT up 21%, ROE 43.02%, post-issue P/E 38.12x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
SBI Funds Management Ltd was established in 1992 and is the largest asset management company (AMC) in India based on assets under management (AUM). The company manages the well-known SBI Mutual Fund. It is a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products such as equity funds, debt funds, hybrid funds, ETFs, and portfolio management services (PMS). As of 2025, the company manages around ₹16.32 lakh crore in assets, which represents about 15.5% of India’s total mutual fund AUM.
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
43.02%
ROCE
—
Debt / equity
—
PAT margin
—
P/E post issue
38.12
Market cap
₹1,16,913.90 Cr
Use of IPO money
Strengths
✓
It also runs the largest Specialized Investment Fund (SIF) platform with 61% market share
✓
Revenue up 17% in FY26 to ₹4,976.11 Cr
✓
PAT up 21% in FY26 to ₹3,067.38 Cr
✓
ROE of 43.02%
Risks to watch
!
Entire issue is an offer for sale; company gets no fresh money
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.