SBI Funds Management IPO Price: ₹545 to ₹574 per share
IPO Dates: 14 to 16 Jul, 2026
Company Overview
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 SBI Mutual Fund and operates as a joint venture between State Bank of India and Amundi.
The company offers a wide range of investment products, including equity funds, debt funds, hybrid funds, exchange traded funds (ETFs), and portfolio management services (PMS). As of 2025, it managed assets worth approximately ₹16.32 lakh crore, representing around 15.5% of India’s total mutual fund AUM.
Business Operations
As of December 31, 2025, the company managed a diversified portfolio of 126 mutual fund schemes across multiple categories, including equity and equity-oriented funds, debt funds, arbitrage funds, ETFs, index funds, overseas fund-of-funds, and liquid and overnight funds.
In addition to mutual funds, the company also offers portfolio management services and advisory solutions
Customer Base
As of December 31, 2025, SBI Funds Management Ltd. served more than 16.05 million investors, comprising both individual and institutional clients.
Market Position
The company is the largest asset management company in India by mutual fund AUM. It is also the largest portfolio management services (PMS) provider in the country, with a 39% market share in PMS and advisory assets. Additionally, it operates the largest Specialized Investment Fund (SIF) platform, holding a 61% market share.
The company has a 16.09% market share in live SIP accounts, reflecting its strong retail investor franchise and long-term investor participation.
Global Presence
The company has an international investment presence through India-focused investment mandates for institutional investors in Japan, Australia, and Korea, with AUM of ₹232,090.37 million.
It also manages UCITS India-focused funds sponsored by Amundi, with AUM of ₹86,816.48 million, which are distributed across Europe, the Middle East, South America, and Southeast Asia.
Additionally, the company provides advisory services for Amundi’s Global Emerging Markets funds, managing India-related assets worth ₹145,839.65 million.
Competitive Strengths
- Largest asset management company in India by mutual fund AUM, supported by strong operating scale.
- Largest portfolio management services (PMS) provider in India with a 39% market share in PMS and advisory assets.
- Operates the largest Specialized Investment Fund (SIF) platform with a 61% market share.
- Strong SIP franchise with a 16.09% share of live SIP accounts.
- Process-driven investment framework supporting consistent performance and product innovation.
- Well-diversified pan-India distribution network serving a broad investor base.
- Advanced use of technology and data analytics to enhance investor engagement and service quality.
Bidding Starts In
SBI Funds Management IPO Specifics:
| IPO Date | 14 to 16 Jul, 2026 |
| Listing Date | Tue, Jul 21, 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹545 to ₹574 |
| Lot Size | 26 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹520.00 |
| Total Issue Size |
20,37,09,239 shares (agg. up to ₹11,693 Cr) |
| Offer for Sale |
20,37,09,239 shares of ₹1 (agg. up to ₹11,693 Cr) |
| Share Holding Pre Issue | 2,03,68,27,612 shares |
| Share Holding Post Issue | 2,03,68,27,612 shares |
SBI Funds Management IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Tue, Jul 14, 2026 |
| IPO Close | Thu, Jul 16, 2026 |
| Allotment | Fri, Jul 17, 2026 |
| Refund | Mon, Jul 20, 2026 |
| Credit of Shares | Mon, Jul 20, 2026 |
| Listing | Tue, Jul 21, 2026 |
SBI Funds Management IPO Lot Size
Bidders have the opportunity to bid for a minimum of 26 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹14,924 |
| Retail (Max) | 13 | 338 | ₹1,94,012 |
| S-HNI (Min) | 14 | 364 | ₹2,08,936 |
| S-HNI (Max) | 67 | 1,742 | ₹9,99,908 |
| B-HNI (Min) | 68 | 1,768 | ₹10,14,832 |
SBI Funds Management IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
SBI Funds Management IPO Financial Information
| Particulars (₹ Cr) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 6,420.45 | 8,771.86 | 7,106.93 |
| Total Income | 4,976.11 | 4,236.15 | 3,426.08 |
| Profit After Tax | 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 |
Key Performance Indicator – SBI Funds Management IPO
| KPI | Value |
|---|---|
| ROE | 43.02% |
| RoNW | 43.02% |
| EBITDA Margin | 92.46% |
| Price to Book Value | 19.60 |
| EPS (₹) | 15.06 |
| P/E (x) | 38.12 |
| Promoter Holding | 98.02% |
| Market Cap | ₹1,16,913.90 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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