SBI Funds Management IPO
Asset Management - Listed on 21 July 2026
SBI Funds Management IPO listing summary
SBI Funds Management (Asset Management) closed its IPO window in 2026 and listed on NSE and BSE on 21 July 2026 at an upper band issue price of Rs 574, opening at Rs 613.3 for a listing gain of +6.8% and closing day one at Rs 609.75 (+6.2% on closing basis). The IPO was subscribed 41.66x overall - QIB 140.11x, HNI/NII 22.51x, Retail 3.59x. The total issue size was Rs 9,795.32 Cr (Fresh Issue Rs 0 Cr, OFS Rs 9795.32 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
SBI Funds Management IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 95 | +16.55% |
| Day 2 | Rs 95 | +16.55% |
| Day 3 | Rs 111 | +19.34% |
| Day 4 | Rs 111 | +19.34% |
| Day 5 | Rs 141 | +24.56% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 8.0 pp (Reasonably accurate)
Issue & financials
Market context at listing
How the broader market moved around the SBI Funds Management IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
SBI Funds Management IPO - FAQs
What was the listing gain of SBI Funds Management IPO?
SBI Funds Management IPO listed at +6.8% versus the upper issue price of Rs 574 on 21 July 2026.
How many times was SBI Funds Management IPO subscribed?
SBI Funds Management IPO was subscribed 41.66x overall. QIB portion was subscribed 140.11x, HNI / NII 22.51x and Retail 3.59x.
What was the IPO GMP for SBI Funds Management?
IPO GMP started at Rs 95 on Day 1 and moved to Rs 141 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.