SBI Mutual Fund IPO
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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 the well-known SBI Mutual Fund as a joint venture between State Bank of India and Amundi. It offers a wide range of investment products such as equity funds, debt funds, hybrid funds, ETFs, Portfolio Management Services (PMS), and Alternative Investment Funds (AIF).
Price Band
TBA
Issue Size
₹13,000 Cr
Issue Type
Book Built Issue
Face Value
₹1
Listing At
BSE, NSE
GMP Today
Not available
Est. Listing
TBA
Open Date
TBA
Listing Date
TBA
Lead Managers: 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.
SBI Mutual Fund IPO Details
| Field | Value |
|---|---|
| Company | SBI Funds Management Limited |
| IPO Name | SBI Mutual Fund IPO |
| Fresh Issue | Nil |
| Offer for Sale | ₹13,000 Cr |
| Market Maker | - |
| Total Issue Shares | 20,37,09,239 |
| Fresh Issue Shares | 0 |
| OFS Shares | 20,37,09,239 |
| Pre-Issue Promoter Holding | 98.02% |
| Post-Issue Promoter Holding | - |
SBI Mutual Fund IPO Dates
IPO dates will be announced in the Red Herring Prospectus (RHP). Below is the expected schedule once declared.
| Field | Value |
|---|---|
| IPO Open Date | TBA |
| IPO Close Date | TBA |
| Allotment Date | TBA |
| Refund Date | TBA |
| Share Credit Date | TBA |
| Listing Date | TBA |
SBI Mutual Fund IPO GMP Today
| Date | GMP (₹) | Gain (%) |
|---|---|---|
| 9 Jun 2026 | ₹0 | 0% |
GMP is unofficial grey market data. Expected listing price may differ from the actual listing price.
IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 50% | - |
| RETAIL | 35% | - |
| NII | 15% | - |
| EMPLOYEE | - | 0 |
| SHAREHOLDER | - | 0 |
Promoters
- •State Bank of India
- •Amundi India Holding
- •Amundi Asset Management
Financial Performance (₹ Cr)
| Metric (₹ Cr) | Period Ended 31 Dec 2025 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Assets | 7,824.71 | 8,771.86 | 7,106.93 | 4,984.24 |
| Revenue | 3,883.24 | 4,236.15 | 3,426.08 | 2,412.58 |
| Profit After Tax | 2,432.91 | 2,540.15 | 2,072.79 | 1,339.71 |
| Net Worth | 8,297.53 | 6,747.75 | 4,751.38 | - |
Key Financial Ratios
| Field | Value |
|---|---|
| ROE | 33.77% |
| ROCE | - |
| Debt / Equity | - |
| PAT Margin | - |
| EBITDA Margin | 94.86% |
| EPS (Pre-IPO) | 12.53 |
| EPS (Post-IPO) | - |
| P/E (Pre-IPO) | - |
| P/E (Post-IPO) | - |
Objects of the Issue
| # | Description | Amount (₹ Cr) |
|---|---|---|
| 1 | Offer for Sale to provide liquidity to existing promoter shareholders and unlock corporate asset value | 13,000 |
Peer Comparison
| Company | EPS | NAV | P/E | RoNW | P/BV |
|---|---|---|---|---|---|
| ICICI Prudential Asset Management Company Limited | 53.6 | 71.2 | 53.73 | 82.8% | - |
| HDFC Asset Management Company Limited | 57.58 | 189.82 | 41.5 | 32.36% | - |
| Nippon Life India Asset Management Limited | 20.34 | 66.38 | 41.12 | 31.39% | - |
| Aditya Birla Sun Life Asset Management Company Limited | 32.26 | 129.19 | 28.99 | 26.99% | - |
| UTI Asset Management Company Limited | 57.35 | 359.37 | 16.68 | 16.28% | - |
IPO Documents
| Field | Value |
|---|---|
| DRHP | View DRHP |
| RHP | - |
| Anchor Investor List | - |
IPO Updates
D-Street Debut Listing Alignment Reconfirmed
4 Jun 2026SBI Chairman C.S. Setty confirmed at the Citi India 2026 Conference that the bank intends to complete the public listing timeline during calendar year 2026, targeted around September.
DRHP Filed with SEBI
19 Mar 2026SBI Funds Management Ltd. filed its Draft Red Herring Prospectus (DRHP) with SEBI for a pure Offer for Sale of 20.37 crore equity shares.
Registrar Details
| Field | Value |
|---|---|
| Registrar | KFin Technologies Ltd |
| Phone | 04067162222, 04079611000 |
| sbifml.ipo@kfintech.com | |
| Website | https://ipostatus.kfintech.com |
Related Pages
How to Check SBI Mutual Fund IPO Allotment Status
SBI Mutual Fund IPO has not opened for subscription yet. Allotment dates will be announced in the RHP. Use the methods below once the IPO closes and results are out.
Option 1: Via IPOwiz App
- Download the IPOwiz App from the Play Store
- Add the PAN numbers you want to check in the PAN section
- Go to the Allotted section and select SBI Mutual Fund IPO
- View the allotment status for the saved PAN numbers
Fastest way to check multiple PANs at once. You can also use the IPOwiz Allotment Checker on the website.
Option 2: Via KFin Technologies Ltd Website
- Visit the KFin Technologies Ltd Allotment Page
- Select SBI Mutual Fund IPO from the drop-down menu
- Enter your PAN number, application number, or demat account details
- Click Search to view your allotment status
KFin Technologies Ltd is the official registrar for this IPO. This is the most direct method to verify your result.
Option 3: Via BSE Website
- Go to the BSE IPO allotment page
- Select SBI Mutual Fund IPO from the list
- Enter your PAN number, application number, or demat account details
- Click Search to check your status
Option 4: Via Demat Account
Log in to your demat or trading account from the share credit date onwards. If shares have been credited, your allotment was successful. Share credit is typically expected a day after allotment.
For a dedicated allotment guide with refund and listing timeline, see the SBI Mutual Fund IPO allotment status page.
What Happens After Allotment?
Once the IPO closes and allotment is finalised, KFin Technologies Ltd will publish results on its official portal. Refunds for unsuccessful applications are typically initiated within a few working days.
For listing day updates, follow the IPOwiz Telegram Channel or download the IPOwiz App for alerts.
SBI Mutual Fund IPO FAQs
What does SBI Funds Management do?
SBI Funds Management is India's largest asset management company (AMC) by assets under management. It manages SBI Mutual Fund and offers equity funds, debt funds, hybrid funds, ETFs, PMS, and alternative investment products.
When is SBI Funds Management IPO expected to launch?
SBI Funds Management has filed its DRHP with SEBI. According to management commentary, the company is targeting a public listing during 2026, although the official IPO dates have not been announced yet.
What is the issue size of SBI Funds Management IPO?
SBI Funds Management IPO is expected to raise around ₹13,000 crore through an Offer for Sale (OFS) by existing shareholders.
What is the price band of SBI Funds Management IPO?
The price band for SBI Funds Management IPO has not been announced yet. The company is expected to disclose the final price range closer to the IPO opening date.
What is the Grey Market Premium (GMP) of SBI Funds Management IPO today?
SBI Funds Management IPO GMP is currently unavailable because the IPO dates and price band have not yet been announced.
Who are the promoters of SBI Funds Management?
SBI Funds Management is promoted by State Bank of India (SBI), Amundi India Holding, and Amundi Asset Management.
Is SBI Funds Management profitable?
Yes. SBI Funds Management is highly profitable. The company reported a profit after tax of ₹2,540.15 crore in FY 2025, compared to ₹2,072.79 crore in FY 2024.
What was SBI Funds Management's revenue in FY 2025?
SBI Funds Management reported revenue of ₹4,236.15 crore in FY 2025, compared to ₹3,426.08 crore in FY 2024.
Why is SBI Funds Management launching an IPO?
The IPO is a 100% Offer for Sale (OFS) and is primarily intended to provide liquidity to existing shareholders and unlock value from their investment in the company.
Where will SBI Funds Management IPO be listed?
SBI Funds Management IPO is proposed to be listed on both BSE and NSE.
Reviewed by Falguni Sharma
Falguni Sharma is an IPO research analyst at IPOwiz with 10+ years of experience covering Indian capital markets, mainboard and SME public issues, grey market premium trends, and SEBI filing updates. Issue size, reservation split, financials, and key dates on this page are cross-checked against DRHP/RHP documents and exchange disclosures before publish.