SBI Mutual Fund IPO 2026: Live GMP, Price Band and IPO Dates

The SBI Mutual Fund IPO is one of the biggest IPOs of 2026. India's largest asset management company (AMC) is expected to open its IPO on July 14, 2026. The issue has already received SEBI approval and is expected to attract strong interest from retail investors, HNIs, and institutional investors.

In this article, you will find the latest SBI Mutual Fund IPO details, GMP today, subscription status, price band, financials, valuation, risks, and our final review to help you decide whether you should apply for the IPO.

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SBI Mutual Fund IPO Details

The SBI Mutual Fund IPO issue size is expected to be around ₹11,400 crore. The IPO is a 100% Offer for Sale (OFS), which means no new shares will be issued.

Under the OFS, SBI will sell around 12.83 crore shares, while Amundi will sell around 7.54 crore shares. Since this is an OFS, the company will not receive any funds from the IPO. The money raised will go to the existing shareholders.

SBI Mutual Fund IPO GMP Today

The SBI Mutual Fund IPO GMP today is ₹118. Based on the expected issue price of ₹560, the estimated listing price is around ₹678, indicating a possible listing gain of about 21%.

The SBI Mutual Fund IPO Grey Market Premium (GMP) reflects demand in the unofficial market before listing. However, GMP changes every day and should not be the only factor when making an investment decision.

Along with the GMP, investors should also track the SBI Mutual Fund IPO subscription status, as strong subscription demand often supports positive listing expectations.

For the latest SBI Mutual Fund IPO GMP updates, visit the IPOwiz Live IPO GMP Tracker.

SBI Mutual Fund IPO Subscription Status

The SBI Mutual Fund IPO subscription status will be updated live once the IPO opens for bidding on July 14, 2026.

The SBI Mutual Fund IPO subscription status will show demand from different investor categories, including QIBs (Qualified Institutional Buyers), NIIs/HNIs, and Retail Investors.

Strong QIB and retail subscription is generally considered a positive sign for an IPO. Investors should monitor the daily subscription numbers along with the SBI Mutual Fund IPO GMP before making an investment decision.

Once the IPO opens, this page will provide live updates on category-wise subscription, total subscription, and day-wise bidding data.

SBI Mutual Fund IPO Financials

The SBI Mutual Fund IPO is backed by a strong and profitable business. As an asset management company (AMC), SBI Mutual Fund does not require heavy investment to grow, allowing it to generate high profits and strong margins.

SBI Mutual Fund's revenue increased by 23.6% in FY25, while its profit after tax (PAT) grew by 22.5%. This shows steady business growth and strong profitability.

The company manages more than ₹12.5 lakh crore in assets, making it the largest mutual fund company in India with a market share of around 15.4%.

SBI Mutual Fund also reported an EBITDA margin of 94.86%. Such high margins are common in the asset management business because income increases as AUM grows while operating costs remain relatively low.

SBI Mutual Fund IPO Valuation Compared with Peers

Before investing in the SBI Mutual Fund IPO, investors should compare its valuation with other listed asset management companies (AMCs).

Note: Peer valuation figures are approximate. The final SBI Mutual Fund IPO valuation will be known after the company announces the official price band in the RHP.

The expected issue price is around ₹560 per share, but the final valuation will depend on the confirmed price band. Investors should compare the SBI Mutual Fund IPO valuation with HDFC AMC and ICICI Prudential AMC before applying.

If the IPO is priced reasonably, SBI Mutual Fund's market leadership, strong financials, high profitability, and large AUM could make it an attractive long-term investment.

SBI Mutual Fund IPO Risks

Should You Apply for SBI Mutual Fund IPO?

SBI Mutual Fund is one of India's largest asset management companies with a strong brand, large AUM, and consistent profitability. These factors make the SBI Mutual Fund IPO one of the most awaited IPOs of 2026.

However, investors should note that the IPO is a 100% Offer for Sale (OFS), meaning the company is not raising fresh capital for business growth. The final IPO price band and valuation will play a major role in deciding whether the issue is attractively priced compared with listed peers like HDFC AMC and ICICI Prudential AMC.

The current SBI Mutual Fund IPO GMP of around ₹118 indicates positive grey market sentiment and possible listing gains. However, investors should also track the IPO subscription status, especially QIB demand, before making an investment decision. Read the RHP carefully, compare valuations, and invest only if the pricing looks reasonable for long-term growth.

SBI Mutual Fund IPO FAQs