Apply for SBI Funds Management Limited IPO
SBI Mutual Fund
|
Offer Price |
₹ 545-574 |
|
Lot Size |
26 |
The SBI Mutual Fund IPO subscription is closed for application
IPO Application Period
SBI Mutual Fund IPO Details
SBI Mutual Fund IPO is a book-built issue of ₹9795.31 crores, The total issue size is ₹9795.31 crores. The IPO of SBI Mutual Fund is priced at ₹545-574 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Jul 14 and ends on Jul 16. The allotment for SBI Mutual Fund IPO will be finalized on Jul 17. SBI Mutual Fund IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 21. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Ltd. is the registrar of the issue.
Retail investors can bid for a minimum of 26 shares, extendable to 14,924. S-HNIs will be able to bid for 364 shares at ₹2,08,936, while B-HNIs can also apply for a bid of 1,768 shares at ₹10,14,832. The book-running lead manager for the IPO is/are Kotak Mahindra Capital Co.Ltd. , Axis Capital Ltd. , BOFA Securities India Ltd. , HSBC Securities & Capital Markets (India) Pvt.Ltd. , ICICI Securities Ltd. , Jefferies India Pvt.Ltd. , JM Financial Ltd. , Motilal Oswal Investment Advisors Ltd. , SBI Capital Markets Ltd..
an Offer for Sale (OFS) of 17,09,56,631 shares to mop up ₹9795.31 crore.
The SBI Mutual Fund IPO sets its price band at 545-574 for each share. A single application for SBI Funds Management Limited IPO must contain at least 26 shares. Sentiment investors need to invest a minimum of 26 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,924 In order to participate in the sNII, investors must purchase at least 14 lots of 364 shares for ₹2,08,936, while the bNII requires 68 lots of 1,768 shares for an investment of ₹10,14,832.
Applying for an IPO from IPO Ji – A Simple Step-by-Step Process
Applying for IPOs online has never been simpler. With IPO Ji, you can apply for the latest IPOs in India, track your allotment status, view GMP trends, and monitor post-listing performance—all in one place. Apply for an IPO for multiple accounts — all from a single session, without switching accounts!
You can use IPO Ji's easy system and live updates to make your IPO application easier than before. If you want to take part in your first IPO, have experience in trading or want to apply multiple IPO applications, IPO Ji has made applying for IPOs online through UPI easy for you.
What You Need Before Applying for an IPO
Before you begin your IPO application, make sure you have the following:
Step-by-Step Guide to Apply for IPO on IPO Ji
Visit the IPO Ji Platform
open the IPO Ji mobile app or Go to www.ipoji.com
Use the homepage or "Apply IPO" section to view live, upcoming, and recent IPOs in India.
Find the IPO You Want to Apply For
Browse through the IPO list and select the IPO you're interested in.
You'll see:
- Price band
- Lot size
- Grey Market Premium (GMP)
- Issue dates
- Subscription status
Click the "Apply" Button
Tap or click on the "Apply" button next to your chosen IPO to start your application.
Enter Required Details
You will be prompted to enter:
- PAN number
- Demat account number (DP ID and Client ID) only once
- Category (Retail, HNI, etc.)
- Lot size (number of shares)
- Bid price (choose within the price band or select cut-off price)
Choose Your Payment Method
IPO Ji supports:
- UPI (upto 5 lakhs)
UPI Method:
- Enter your UPI ID.
- After submitting, you'll receive a mandate request on your UPI app (Google Pay, PhonePe, Paytm).
- Approve the mandate to block the IPO amount in your bank account.
Submit and Review Your IPO Application
Double-check your application details before hitting "Submit." IPO Ji confirms your application and sends you real-time status updates.
Track Your IPO Application Status on IPO JI
You can log in to your IPO Ji dashboard to:
- View your submitted IPO applications
- Check IPO allotment status
- Get alerts for listing day, refund status, and share credit to your Demat account
How to apply IPO guide
Why Use IPO Ji to Apply for IPOs?
Here's what makes IPO Ji the easiest way to apply for an IPO online:
| Feature | Benefit |
|---|---|
|
🖥️ Unified Platform
|
View live, upcoming, and listed IPOs in one place |
|
📱 UPI & ASBA Support
|
Apply for IPOs using your preferred payment mode |
|
📊 GMP and Subscription
|
Get real-time Grey Market Premiums and bid subscription data |
|
🔔 Instant Alerts
|
Notifications for allotment, listing, and refund updates |
|
📈 Post-Listing Analysis
|
Track IPO performance vs listing price |
Frequently Asked Questions
Ans. There is no limit, but each IPO has a category-based maximum investment cap (e.g., ₹2 lakh for retail).
Ans. Your application amount is unblocked automatically, and no money is deducted.
Ans. Most IPOs announce allotments 1-2 working days after the issue closes.