SBI Mutual Fund IPO Shareholder Quota: Eligibility, Record Date & How to Apply
The SBI Mutual Fund IPO will open for subscription on July 14, 2026, and close on July 16, 2026. The IPO has a price band of Rs 545 to Rs 574 per share and is one of the biggest public issues in India's capital market.
Existing shareholders of State Bank of India (SBI) have an added advantage. The IPO includes a separate shareholder reservation, allowing eligible SBI shareholders to apply in a dedicated category with its own allotment pool.
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📋 Table of Contents
SBI Mutual Fund IPO Shareholder Quota: Key Details
| Parameter | Details |
|---|---|
| Reserved Shares | 1,30,55,629 equity shares |
| Reservation Size | 6.41% of the total IPO |
| Eligible Investors | Individual SBI shareholders and HUFs |
| Record Date | On or Before 7th July |
| Price Band | Rs 545 to Rs 574 per share |
| Lot Size | 26 shares |
| Minimum Investment | Rs 14,924 (at Rs 574) |
| Maximum Retail Investment | Rs 2,00,000 |
| Registrar | KFin Technologies Limited |
What is the SBI Shareholder Reservation?
SBI Mutual Fund has reserved 1,30,55,629 equity shares for eligible shareholders of State Bank of India. This reserved portion accounts for about 6.41% of the total IPO.
This category is separate from the regular retail category. Only eligible SBI shareholders can apply here, which usually means fewer applicants compared to the retail category. As a result, eligible shareholders may have better chances of receiving an allotment.
SBI Mutual Fund IPO Shareholder Quota Eligibility
To apply under the SBI shareholder reservation category, you must meet the following conditions:
- You must be applying as an Individual or HUF investor.
- You should hold shares of State Bank of India (SBI) in your demat account.
- Your SBI shares must have been held on the record date specified in the Red Herring Prospectus.
If you are eligible, you can apply under the shareholder category and enjoy a separate reservation in addition to the retail category.
Record Date for SBI Shareholder Eligibility
Only investors who held eligible SBI shares on the official record date will be able to apply under the shareholder reservation category.
If you purchased SBI shares after the record date, you will not be eligible for the shareholder quota. However, you can still apply under the regular retail investor category.
Before submitting your IPO application, make sure your SBI shares are already reflected in your demat account and that you meet the eligibility criteria mentioned in the prospectus.
Lot Size and Investment Amount
The IPO lot size is 26 shares. At the upper price band of Rs 574, the investment amount is as follows:
| Lots | Shares | Investment Amount |
|---|---|---|
| 1 | 26 | Rs 14,924 |
| 2 | 52 | Rs 29,848 |
| 3 | 78 | Rs 44,772 |
| 13 (Maximum Retail) | 338 | Rs 1,94,012 |
The maximum investment under the retail category remains below Rs 2 lakh. You can also choose the Cut-off Price option while applying.
Can You Apply in Both Retail and Shareholder Categories?
Yes. If you are eligible for the shareholder reservation category, you can submit two separate applications:
- One application under the Retail (RII) category.
- One application under the SBI Shareholder category.
Both applications are considered separately during the allotment process, which may improve your chances of receiving an allotment. Just make sure you have enough funds available because both applications will block funds separately through ASBA.
How to Apply Under the SBI Shareholder Quota
SBI Mutual Fund IPO Allotment and Listing Timeline
| Event | Date |
|---|---|
| IPO Opens | July 14, 2026 |
| IPO Closes | July 16, 2026 |
| Basis of Allotment | July 17, 2026 |
| Refunds / ASBA Unblocking | July 20, 2026 |
| Shares Credited to Demat Accounts | July 20, 2026 |
| Listing Date | July 21, 2026 |
You can check your allotment status through the registrar's website or use the IPOwiz App to track multiple PAN numbers from a single dashboard.
SBI Mutual Fund IPO GMP Today
The Grey Market Premium (GMP) changes frequently until the listing date. For the latest GMP, estimated listing price, and daily premium updates, visit the IPOwiz Live GMP Tracker.
Note: GMP is an unofficial market indicator based on grey market trading. It is not an official price and should only be used as a reference.
Frequently Asked Questions
How many shares are reserved for SBI shareholders?
Around 1.30 crore equity shares have been reserved under the shareholder category, which is about 6.41% of the total issue size.
Can I buy SBI shares now to become eligible for the shareholder quota?
No. Only investors who held eligible SBI shares on the record date can apply under the shareholder category.
What is the maximum investment allowed under the shareholder category?
Applications under the shareholder category can be made up to Rs 2,00,000.
Can I apply in both the retail and shareholder categories?
Yes. Eligible SBI shareholders can submit one application under the retail category and another under the shareholder category, subject to SEBI rules.
Who is the registrar for the SBI Mutual Fund IPO?
KFin Technologies Limited is the official registrar and will handle allotment and refund processing.
What is the minimum investment for one lot?
One lot consists of 26 shares. At the upper price band of Rs 574 per share, the minimum investment is Rs 14,924.