Archive · 20 Jul 2026
SBI Funds Management IPO Listing on July 21
SBI Funds Management, the country's largest asset management company, is getting ready to start trading on the stock market on July 21.
The company's shares are expected to be worth about Rs 667 each when they start trading, which is a bit more than the price they were sold for in the IPO.
Many people wanted to buy these shares, with big investors wanting to buy them the most.
But remember, the actual price when the shares start trading can be different and depends on how the market is doing that day.
Some experts think the price is good compared to other similar companies, but it's always important to be careful when investing.
SBI Funds Management IPO is set to list on NSE and BSE on July 21.
Shares are commanding a Grey Market Premium (GMP) of Rs 93, suggesting a listing price of Rs 667.
The IPO was subscribed 41.73 times, with strong demand from institutional and non-institutional investors.
The IPO was an Offer for Sale (OFS) with no fresh shares issued, and the final issue price was Rs 574 per share.
Brokerages note that the IPO is priced at a discount to some peers, with future performance depending on business mix and growth.
- Who
- SBI Funds Management
- What
- IPO listing on NSE and BSE
- When
- July 21
- Where
- National Stock Exchange (NSE) and BSE
- Why
- To allow existing shareholders to sell their shares
- Listing Date
- July 21
- IPO Issue Price
- Rs 574 per share
- Grey Market Premium (GMP)
- Rs 93 per share
- Expected Listing Price
- Rs 667 per share
- Subscription Level
- 41.73 times
- QIB Subscription
- 140.11 times
- NII Subscription
- 22.51 times
- Retail Subscription
- 3.76 times
