SBI Funds Management IPO
Finance • ₹9813cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- Intense competition in the company’s core market
- Revenue and profitability depend heavily on QAAUM, making earnings sensitive to market mov…
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹545-574
Lot Size
26 shares
Issue Size
₹9813cr
Open
14 Jul 2026
Close
16 Jul 2026
Subscription
41.6×
GMP +₹65 → est. ₹639
IPO Schedule
| Issue Open Date | 14 Jul 2026 |
| Issue Close Date | 16 Jul 2026 |
| Allotment Date | 17 Jul 2026 |
| Listing Date | 21 Jul 2026 |
About SBI Funds Management
SBI Funds Management Limited is an asset management company that manages SBI Mutual Fund schemes and also offers portfolio management services (PMS), advisory services, and alternative investment funds (AIFs). It primarily earns management fees from these investment products, with mutual funds contributing most of its revenue. The company also provides digital platforms for investors and distributors, operates international subsidiaries offering offshore investment products, and manages assets across multiple asset classes under SEBI’s regulatory framework. Read more at The Daily Brief by Zerodha Discuss on Trading Q&A
Company Details
Founders / Promoters
Nand Kishore
Founded
1992
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
SBI Funds Management — IPOFins Verdict
QuantitativeDriven by QIB demand at 140.1x and moderate disclosed risk (5/10), SBI Funds Management listed at a premium of 6.8% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
- Largest asset management company in India by mutual fund QAAUM, benefiting from scale and operating leverage.
- Strong SIP franchise with high investor retention and a large base of long-term systematic investors.
- Backed by SBI’s distribution network and Amundi’s global asset management expertise.
- Wide pan-India distribution network covering most PIN codes through multiple channels.
- Robust technology platform supports large transaction volumes and strong digital investor engagement.
Score breakdown — what drove this verdict
Moderate risk from DRHP → score +0.0
Institutional subscription → score +2.0
Actual listing outcome → score +0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹574
Listing Price
₹613.3
Listing Gain/Loss
+6.85%
Listing Date
21 Jul 2026
Price Since Listing
Returns are measured against the ₹574 issue price.
Listing
₹613.3
+6.8%
1 Week
₹576.35
+0.4%
Current
₹567.65
-1.1%
Want to buy this stock?
Trade SBI Funds Management on the secondary market
FAQ
What is the price band of SBI Funds Management IPO?
The price band is ₹545-574 per share with a lot size of 26 shares. Minimum investment: ₹14,924.
What does SBI Funds Management do?
SBI Funds Management Limited is an asset management company that manages SBI Mutual Fund schemes and also offers portfolio management services (PMS), advisory services, and alternative investment funds (AIFs). It primarily earns management fees from these investment products, with mutual funds contributing most of its revenue. The company also provides digital platforms for investors and distributors, operates international subsidiaries offering offshore investment products, and manages assets across multiple asset classes under SEBI’s regulatory framework. Read more at The Daily Brief by Zerodha Discuss on Trading Q&A
Should I apply for SBI Funds Management IPO?
SBI Funds Management listed at ₹613.3 (+6.8% premium to the ₹574 issue price) after 41.6x subscription. IPOFins Score 8/10: Driven by QIB demand at 140.1x and moderate disclosed risk (5/10), SBI Funds Management listed at a premium of 6.8% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
Who founded SBI Funds Management?
SBI Funds Management was founded by Nand Kishore in 1992.