SBI Funds Management IPO — GMP Today, Price Band, Dates & Listing
SBI Funds Management IPO (NSE: SBIFUNDS) opened on 14 Jul 2026 and closed on 16 Jul 2026 on NSE. Price band Rs 545–574, lot size 26 shares (minimum application Rs 14,924, one lot at the upper band). Listed on 21 Jul 2026 at +6.23% over the issue price on day one.
SBI Funds Management IPO details
| Status | Listed |
| Open date | 14 Jul 2026 |
| Close date | 16 Jul 2026 |
| Price band | Rs 545–574 |
| Lot size | 26 shares |
| Minimum investment | Rs 14,924 (one lot at the upper band) |
| Face value | Re. 1 per Equity Share |
| Issue type | 100% Book Building |
| Issue size (NSE summary) | Initial Public Offer comprising of Offer for Sale of up to 17,09,56,631 Equity Shares (Including eligible employees reservation portion of up to 32,57,347 Equity Shares and Shareholder Reservation Portion of up to 1,3… |
| Listing date | 21 Jul 2026 (listed) |
| Exchange | NSE |
| Lead managers | Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited. |
| Registrar | KFin Technologies Limited |
| NSE symbol | SBIFUNDS |
| Prospectus | Red herring prospectus (NSE archive, zip) |
Face value, lot, issue type, issue size, lead managers and registrar are as filed on NSE's IPO detail page (SBIFUNDS). Page data as of 15 Sep 2026.
Subscribed 34.16x on NSE as of 16 Jul 2026, 19:00 IST (NSE). Category and day-wise breakdown.
Key dates
| Issue opens | 14 Jul 2026 |
| Issue closes | 16 Jul 2026 |
| Basis of allotment | 17 Jul 2026 (expected, T+1) |
| Refunds / demat credit | 20 Jul 2026 (expected, T+2) |
| Listing | 21 Jul 2026 (listed) on NSE |
Post-close dates follow SEBI's T+3 listing timeline counted in working days from the close; registrar and exchange notices are final.
SBI Funds Management listing performance
| Issue price | Rs 574.00 |
| Listed on | 2026-07-21 |
| Listing day open | Rs 613.30 |
| Listing day close | Rs 609.75 |
| Listing gain (close vs issue) | +6.23% |
| Latest close | Rs 536.50 |
| Return since issue | -6.53% |
Listing-day and latest prices from NSE end-of-day data (symbol SBIFUNDS). Latest close as of 2026-09-15. Listing-day gain is measured within the listing week and is unaffected by corporate actions; return since issue is price-only, excludes dividends and is not adjusted for splits or bonuses.
What the GMP means for SBI Funds Management
Grey Market Premium (GMP) is the unofficial premium at which an IPO's shares change hands before listing. A positive GMP signals bullish pre-listing sentiment, but it is unregulated, volatile and routinely diverges from the actual listing price in both directions — treat it as a thermometer, never a forecast. Read our full What is GMP? guide for how the grey market works.
Apply, allotment and listing
- How to apply: step-by-step UPI/ASBA instructions in our IPO application guide.
- Allotment status: registrar link and the T+3 timeline on the SBI Funds Management allotment page.
- Compare with other issues: the full live board is on IPO GMP Today and the IPO Calendar.
- Need a demat account? see best brokers for IPO applications.
FAQs on SBI Funds Management IPO
What is SBI Funds Management IPO GMP today?
SBI Funds Management has listed, so its grey market premium no longer applies. The listing performance table on this page has the actual debut price and gain.
When did the SBI Funds Management IPO open and close?
SBI Funds Management's subscription window opened on 14 Jul 2026 and closed on 16 Jul 2026.
What is the SBI Funds Management IPO price band and lot size?
For SBI Funds Management, the price band is Rs 545–574 and one lot is 26 shares (minimum application Rs 14,924, one lot at the upper band).
Who is the registrar for the SBI Funds Management IPO?
The registrar to the SBI Funds Management IPO is KFin Technologies Limited (as filed on NSE). Allotment status is checked on the registrar's website once the basis of allotment is finalised — the link is on our SBI Funds Management allotment status page.
How did SBI Funds Management perform on listing day?
SBI Funds Management listed on 21 Jul 2026 and closed its first day at Rs 609.75, +6.23% against the issue price (NSE end-of-day data).