SF
SBI Funds Management Limited IPO
Asset Management · SBI Mutual Fund · Portfolio Management (PMS) · Financial Services
📋 Mainline IPO
OFS Only
NSE, BSE
₹574
Upper Price
₹11,692.91 Cr
Issue Size
Jul 21, 2026
Listing Date
₹1,16,913.90 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative🟢
IPO Opens
Tuesday, 14 July 2026
Bidding starts — apply before close
🔒
IPO Closes
Thursday, 16 July 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Friday, 17 July 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Monday, 20 July 2026
Unallotted funds returned; shares credited to demat
🏷️
Tuesday, 21 July 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date14 July 2026 (Tue)
IPO Close Date16 July 2026 (Thu)
Listing Date21 July 2026 (Tue)
Face Value₹1 per share
Price Band₹545 to ₹574
Issue Price (Upper Band)₹574 per share
Issue TypeBook Build — OFS Only
Lot Size26 shares
Total Issue Size20,37,09,239 shares (₹11,692.91 Cr)
Fresh Issue0 shares (₹0 Cr)
Offer for Sale (OFS)20,37,09,239 shares (₹11,692.91 Cr)
Pre-Issue Shares2,03,68,27,612
Post-Issue Shares2,03,68,27,612
Promoter Holding (Pre)98.02%
Market Cap (Pre-IPO)₹1,16,913.90 Cr
Listing ExchangeNSE, BSE
Lead ManagerKotak Mahindra Capital
RegistrarKfin Technologies Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹574| Investor Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail — Minimum | 1 | 26 | ₹14,924 |
| Retail — Maximum | 13 | 338 | ₹1,94,012 |
| S-HNI (sNII) — Min | 14 | 364 | ₹2,08,936 |
| S-HNI (sNII) — Max | 67 | 1,742 | ₹9,99,908 |
| B-HNI (bNII) — Min | 68 | 1,768 | ₹10,14,832 |
⚠️ Note: Investors can bid for a minimum of 26 shares and in multiples thereof. Retail individual investors can apply up to ₹2,00,000. Employee discount of ₹54.00 per share is applicable.
👥 Investor Reservation
Allocated portion of Net OfferNot more than 50%
QIB Portion
Not less than 35%
Retail Portion
Not less than 15%
NII Portion
📊 Subscription Status
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📈 Company Financials
Restated Consolidated · ₹ Crore| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 6,420.45 | 8,771.86 | 7,106.93 |
| Total Income | 4,976.11 | 4,236.15 | 3,426.08 |
| PAT | 3,067.38 | 2,540.15 | 2,072.79 |
| EBITDA | 4,058.44 | 3,412.94 | 2,718.82 |
| Net Worth | 5,963.06 | 8,297.53 | 6,747.75 |
| Reserves & Surplus | 326.73 | 255.12 | 182.02 |
Income Growth
FY 2023–24₹3,426.08 Cr
FY 2024–25₹4,236.15 Cr
FY 2025–26₹4,976.11 Cr
🎯 Key Performance Indicators
43.02%
ROE
FY 2025–26
16.32 L Cr
Total AUM
Industry Leader
43.02%
RoNW
FY 2025–26
92.46%
EBITDA Margin
FY 2025–26
19.60x
Price/Book
FY 2025–26
15.50%
MF AUM Share
Market Share
39.00%
PMS Share
Market Leader
16.09%
SIP Account Share
Live Franchise
⚖️ Valuation & EPS
Pre-IPO EPS
₹15.06
FY26 earnings + pre-issue shares
P/E: 38.12xPost-IPO EPS
₹15.06
No dilution effect (OFS issue logic)
P/E: 38.12xPrice to Book Value
19.60x
At upper price band ₹574
Market Cap (Pre-IPO)
₹1,16,913.90 Cr
At issue price ₹574
ℹ️
EPS calculations are grounded in restated financial statistics for the period ending March 31, 2026. Because this operation is 100% an Offer for Sale, total post-issue outstanding equity shares stay aligned with the pre-issue structure at 2,03,68,27,612 shares.
🎯 Objects of the Issue
Net proceeds utilisation1
Carry out the Offer for Sale of 20,37,09,239 Equity Shares by the Promoter Selling Shareholders
₹11,692.91 Cr
2
Achieve the benefits of listing the Equity Shares on the Stock Exchanges
Balance
Total Net Proceeds Goal
₹11,692.91 Cr
🏢 About SBI Funds Management Limited
Est. 1992 · Mumbai, Maharashtra · Asset ManagementSBI Funds Management Limited established in 1992, is the largest asset management company (AMC) in India by assets under management (AUM). Running the highly influential flagship platform — SBI Mutual Fund — the firm functions as a strategic joint venture between the State Bank of India and Amundi Asset Management, offering broad retail and institutional investment vectors across equity, debt, dynamic asset allocation, and passive tracking funds.
Managing approximately ₹16.32 lakh crore in assets as of 2025, the firm commands a massive 15.5% share of India’s aggregate mutual fund market alongside a dominant 39% market share across the country’s Portfolio Management Services (PMS) and specialized advisory systems. Catering to a retail footprint exceeding 16.05 million unique accounts, the company maintains extensive institutional syndications throughout Europe, South America, and the Indo-Pacific corridors.
Brand Ecosystem
💸
SBI Mutual Fund
India’s largest Mutual Fund ecosystem spanning 126 product offerings
💼
PMS & Advisory
Dominant portfolio manager controlling 39% share of India’s high net worth capital segment
🏛️
Specialized Investment (SIF)
Platform leader commanding a 61% structural share in Alternative investment mandates
🌐
Global Mandates
Amundi partnerships distributing offshore UCITS and specific Japanese/Korean fund strategies
Competitive Strengths
👑Unrivaled scale parameters as India’s premier mutual fund manager by historical AUM criteria
📈Highly dominant positions across HNW channels with a top-ranked PMS market share presence
🔄Massive, recurrent SIP franchise footprint displaying extensive brand stickiness and long-term participation
🔖Deep banking-channel access coupled with advanced data modeling analytics across pan-India centers
Company Promoters
SB
State Bank of India
Promoter Partner, SBI Funds Management Limited
AM
Amundi Asset Management (India India Holding)
Promoter Partner, SBI Funds Management Limited
📅 Key Dates
IPO Opens14 Jul 2026
IPO Closes16 Jul 2026
Allotment17 Jul 2026
Refund & Share Credit20 Jul 2026
Listing Day21 Jul 2026
💡 Quick Summary
Price Band₹545 – ₹574
Upper Price₹574 / share
Lot Size26 shares
Min. Investment (Retail)₹14,924
Issue Size₹11,692.91 Cr
ListingBSE, NSE
🏦 Registrar & Lead Manager
Lead Manager
Kotak Mahindra Capital Co.Ltd.
📍 Registered Address
SBI Funds Management Ltd.
9 th Floor, Crescenzo, C – 38 & 39,
G Block, Bandra Kurla Complex, Bandra (East),
Mumbai, Maharashtra — 400051
📞 +91 22 6179 3000
[email protected]
9 th Floor, Crescenzo, C – 38 & 39,
G Block, Bandra Kurla Complex, Bandra (East),
Mumbai, Maharashtra — 400051
📞 +91 22 6179 3000
[email protected]
🛡️ Regulatory Note: Mainline IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️
Disclaimer: This page presents publicly available information from the SBI Funds Management IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
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