Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SBI Funds Management Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on March 19, 2026 to raise funds through Initial Public Offer (IPO).
SBI Funds Management Ltd. IPO is a Book Build Issue consisting entirely of an offer for sale of upto 20.37 crore shares.
The equity shares are proposed to be listed on NSE and BSE. Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SBI Funds Management IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 20,37,09,239 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 20,37,09,239 shares of ₹1 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 2,03,68,27,612 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Mar 19, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15.0% of the Offer |
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. It is a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products such as equity funds, debt funds, hybrid funds, ETFs, and portfolio management services (PMS). As of 2025, the company manages around ₹16.32 lakh crore in assets, which represents about 15.5% of India’s total mutual fund AUM.
As of December 31, 2025, the company serves more than 16.05 million investors, including both individual and institutional clients.
It manages a diversified portfolio of 126 mutual fund schemes, covering different categories such as:
The company also has a global investment presence. Its international business includes:
India-focused investment mandates for institutional investors in Japan, Australia, and Korea, with AUM of ₹232,090.37 million.
UCITS India-focused funds sponsored by Amundi, with AUM of ₹86,816.48 million, distributed across Europe, the Middle East, South America, and Southeast Asia.
Advisory services for Amundi’s Global Emerging Markets funds, managing ₹145,839.65 million in India-related assets.
Competitive Strengths
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 7,824.71 | 8,771.86 | 7,106.93 | 4,984.24 |
| Total Income | 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 |
| EBITDA | 3,186.56 | 3,412.94 | 2,718.82 | 1,810.41 |
| NET Worth | 8,297.53 | 6,747.75 | 4,751.38 | |
| Reserves and Surplus | -4.89 | -2.75 | ||
| Amount in ₹ Crore | ||||
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 31.25% | 33.77% |
| RoNW | 31.25% | 33.77% |
| EBITDA Margin | 98.03% | 94.86% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 98.02% |
Lead Manager Reports
SBI Funds Management IPO is a main-board IPO of 20,37,09,239 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The SBI Funds Management IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in SBI Funds Management IPO using UPI as a payment gateway. Zerodha customers can apply in SBI Funds Management IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SBI Funds Management IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SBI Funds Management IPO dates are not announced. Please check back again after some time.
SBI Funds Management IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SBI Funds Management IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SBI Funds Management IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SBI Funds Management IPO allotment status.
The SBI Funds Management IPO listing date is not yet announced. The tentative date of listing is .
