SBI Mutual Fund IPO
SBI Mutual Fund IPO is priced at ₹545–₹574 per share with an issue size of ₹9795.31 crore. The IPO opens on Jul 14, 2026 and closes on Jul 16, 2026, with a lot size of 26 shares and a minimum investment of ₹14,924.
SBI Funds Management Limited IPO
- IPO Dates
- Jul 14, 2026 – Jul 16, 2026
- Price band
- ₹545-574 per equity share
- Minimum Investment
- ₹14,924
- Issue size
- ₹9795.31 Cr
- Lot size
- 26
- Allotment Date
- Jul 17, 2026
- Listing
- Jul 21, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Jul 14, 2026
Open Date
Completed
-
Jul 16, 2026
Close Date
Upcoming
-
Jul 17, 2026
Allotment Date
Upcoming
-
Jul 21, 2026
Listing Date
Upcoming
Unofficial pre-listing indicator
SBI Mutual Fund IPO Latest Available GMP: ₹89
SBI Mutual Fund IPO latest available GMP is ₹89 per share (a 16% premium over the ₹574 upper price band), last recorded on 14 Jul 2026, 9:00 PM IST. The indicative listing price is ₹663 (₹574 upper price band + ₹89 GMP). GMP fell ₹3 from the previous recorded quote.
- GMP
- ₹89
- GMP percentage
- 16%
- Upper price band
- ₹574
- Indicative listing price
- ₹663
During the recorded period, SBI Mutual Fund IPO GMP ranged from ₹50 to ₹135. The latest GMP is ₹89, down from ₹92.
SBI Mutual Fund IPO GMP trend (day-wise) 61 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹89 | −₹3 | 16% | ₹663 | |
| ₹92 | ₹0 | 16% | ₹666 | |
| ₹92 | +₹3 | 16% | ₹666 | |
| ₹89 | −₹7 | 16% | ₹663 | |
| ₹96 | ₹0 | 17% | ₹670 | |
| ₹96 | +₹6 | 17% | ₹670 | |
| ₹90 | +₹4 | 16% | ₹664 | |
| ₹86 | −₹5 | 15% | ₹660 | |
| ₹91 | +₹1 | 16% | ₹665 | |
| ₹90 | −₹6 | 16% | ₹664 |
SBI Mutual Fund IPO Live Subscription Details
View Subscription DetailsSBI Mutual Fund IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:SBI Mutual Fund IPO Essentials
SBI Mutual Fund IPO Details
SBI Mutual Fund IPO is priced at ₹545-574 per share with a total issue size of 9795.31 crore. The IPO has a lot size of 26 shares and will be listed on BSE and NSE.
- Issue price
- ₹545-574 per equity share
- Lot size
- 26 shares
- Face value
- ₹1 Per Equity Share
- Issue size
- Offer For Sale : 17,09,56,631 shares(aggregating up to ₹9,795.31 Cr)
- Total issue size
- 17,09,56,631 shares
(aggregating up to ₹9795.31 crore) - Offer for sale (OFS)
- 17,09,56,631 shares
(aggregating up to ₹9795.31 crore) - Listing at
- BSE, NSE
- Listing date
- Registrar
- Kfin Technologies Ltd.
- Lead manager
-
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.
Market Lot Size
Investors can bid for a minimum of 26 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 26 | ₹14,924 |
| Retail(max) | 13 | 338 | ₹1,94,012 |
| sHNI(min) | 14 | 364 | ₹2,08,936 |
| sHNI(max) | 67 | 1,742 | ₹9,99,908 |
| bHNI(min) | 68 | 1,768 | ₹10,14,832 |
SBI Mutual Fund IPO Reservation
SBI Mutual Fund IPO reservation details show category-wise allocation of shares. Out of the total 170956631 shares, approximately 18.09% are reserved for QIB, 13.57% for NII, 31.66% for retail investors, 5% for employees, 7.64% for shareholders, and 27.14% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 46393095 (27.14%) | |
| QIB Shares Offered | 30928731 (18.09%) | |
| NII (HNI) Shares Offered | 23196549 (13.57%) | |
| bHNI > ₹10L | 15464366 (8.4%) | 42,485 |
| sHNI < ₹10L | 7732183 (4.2%) | 21,242 |
| Retail Shares Offered | 54125280 (31.66%) | 20,81,742 |
| Shareholder Shares Offered | 13055629 (7.64%) | |
| Employee Shares Offered | 3257347 (5%) | |
| Total Shares Offered | 170956631 (100%) |
SBI Mutual Fund IPO Analytics
SBI Mutual Fund IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
SBI Mutual Fund IPO Subscription Status
SBI Mutual Fund IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 0.69x, indicating low demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,09,28,731 |
2,31,96,549
1,54,64,366
77,32,183
|
5,41,25,280 | 12,45,63,536 |
|
Day 1
14-07-26 05:00 PM
|
0.08 x |
1.39x
1.36x
1.45x
|
0.62 x | 0.68 x |
SBI Mutual Fund Valuations
Earnings
- EPS Pre IPO
- ₹15.06/-
- EPS Post IPO
- ₹15.06/-
- P/E Pre IPO
- 38.12
- P/E Post IPO
- 38.12
Returns
- ROE
- 43.02%
- RoNW
- 43.02%
Fundamentals
- Price / Book
- 19.60
- Market Cap
- ₹1,16,913.90 Cr.
SBI Mutual Fund Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 6,420.45 | 8,771.86 | 7,106.93 |
| Revenue | 4,976.11 | 4,236.15 | 3,426.08 |
| Profit After Tax | 3,067.38 | 2,540.15 | 2,072.79 |
| Net Worth | 5,963.06 | 8,297.53 | 6,747.75 |
| Reserves & Surplus | 326.73 | 255.12 | 182.02 |
SBI Mutual Fund Company & Offer Insights
About SBI Mutual Fund
SBI Funds Management Limited established in 1992 that is the biggest AMC in India in terms of AUM. The Company is a manager of the popular SBI Mutual Fund. This AMC is a joint effort by State Bank of India and Amundi. The firm provides a large number of financial instruments to its customers, for instance, equity funds, debt funds, hybrid funds, ETFs, and portfolio management services (PMS). The firm manages about ₹16.32 lakh crore of assets in 2025, and this figure accounts for 15.5% of India’s mutual fund AUM.
As of December 31, 2025, the company has more than 16.05 million clients, including both individual and institutional clients.
SBI Mutual Fund Promoter(s)
State Bank of India, Amundi India Holding and Amundi Asset Management are the company's promoters of SBI Mutual Fund.
SBI Mutual Fund IPO Issue Objectives
- •
- Offer for Sale.
SBI Mutual Fund IPO - Anchor Investors
SBI Funds Management Limited finalised its anchor investor allocation on July 13, 2026, raising ₹2,662.96 crore from 129 institutional investors at an anchor price of ₹574 per share, including a share premium of ₹573. The anchor book comprises 4,63,93,095 equity shares allocated across domestic mutual funds, life insurance and pension funds, and foreign portfolio investors.
Domestic mutual funds received 37.20% of the anchor allocation through 23 fund houses across 70 schemes, including HDFC Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, Nippon India Mutual Fund, Axis Mutual Fund, Aditya Birla Sun Life Mutual Fund, Franklin India, Tata, UTI, Bandhan, Edelweiss, HSBC, Motilal Oswal, JM Financial, Groww, Whiteoak Capital, PGIM India, ITI, Mahindra Manulife, Invesco India, Helios, and The Wealth Company Mutual Fund.
Life Insurance Corporation of India received the single largest individual allocation at 6.76%, with additional participation from HDFC Life Insurance, ICICI Prudential Life Insurance, Axis Max Life Insurance, Bajaj Life Insurance, Bharti AXA Life Insurance, Aditya Birla Sun Life Insurance, Edelweiss Life Insurance, and IndusInd General Insurance, among others.
Foreign institutional participants include the Government of Singapore, Government Pension Fund Global, Abu Dhabi Investment Authority, Capital Group Global Equity Fund, Blackrock Global Funds – India Fund, Goldman Sachs India Equity Portfolio, Nomura India Investment Fund, Fidelity, Monetary Authority of Singapore, Morgan Stanley, BNP Paribas, Societe Generale, Citigroup Global Markets Mauritius, and Massachusetts Institute of Technology, among others.
SBI Mutual Fund IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| SBI Funds | N/A | N/A | 43.02% | 4389 |
| ICICI Prudential AMC | N/A | 49.38 | 85.80% | 5764 |
| HDFC AMC | N/A | 41.71 | 32.90% | 4122 |
| Nippon Life AMC | N/A | 51.10 | 34.50% | 2708 |
| Aditya Birla AMC | N/A | 34.46 | 25.53% | 1845 |
| UTI AMC | N/A | 31.57 | 11.22% | 1698 |
SBI Mutual Fund IPO - Strengths and Risks
SBI Mutual Fund IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
SBI Mutual Fund
+91 22 6179 3000
9th Floor, Crescenzo, C–38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra - 400051.
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
SBI Mutual Fund IPO is a book-built IPO worth ₹9795.31 crore. The price band is ₹545–₹574 per share. The IPO opens on Jul 14, 2026 and closes on Jul 16, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.
The price band of SBI Mutual Fund IPO is ₹545 to ₹574 per share.
The lot size of SBI Mutual Fund IPO is 26 shares.
The minimum investment for SBI Mutual Fund IPO is approximately ₹14,924 based on the upper price band .
SBI Mutual Fund IPO opens on Jul 14, 2026 and closes on Jul 16, 2026.
The allotment date of SBI Mutual Fund IPO is Jul 17, 2026.
SBI Mutual Fund IPO is expected to be listed on Jul 21, 2026, on BSE and NSE .
SBI Mutual Fund IPO latest available GMP is ₹89 per share (a 16% premium over the ₹574 upper price band), last recorded on 14 Jul 2026, 9:00 PM IST. The indicative listing price is ₹663 (₹574 upper price band + ₹89 GMP). GMP fell ₹3 from the previous recorded quote.
SBI Mutual Fund IPO valuation snapshot: P/E 38.12, EPS ₹15.06/-, P/B 19.60, RoNW 43.02%, and market cap ₹1,16,913.90 Cr.
To apply for SBI Mutual Fund IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of SBI Mutual Fund IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for SBI Mutual Fund IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check SBI Mutual Fund IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SBI Mutual Fund IPO allotment status on IPO Ji for quick and easy access.
|
Offer Date |
Jul 14 - Jul 16, 2026 |
|
Offer Price |
₹ 545-574 |
|
Lot Size |
26 |
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