Archive · 21 Jul 2026
SBI Funds Management IPO: Strong GMP Indicates Solid Listing Pop
SBI Funds Management, a big player in India's mutual fund world, is about to start trading on the stock market.
The company, backed by State Bank of India and Amundi, manages a lot of money for many investors.
Before it starts trading, people are saying the shares might go up by 17-18% because they are selling for more in the grey market.
The company raised a lot of money through its IPO and is well-positioned to grow.
Some experts say it's a good time to invest, while others think new investors should wait to see how the price stabilizes after listing.
SBI Funds Management IPO is set to list on July 21 with a strong grey market premium of Rs 100-105 per share.
The IPO saw a bumper response, attracting bids worth Rs 3 lakh crore and was subscribed 41.66 times.
The company is India's largest asset management company with Rs 29.5 lakh crore in assets under management.
Experts recommend a 'hold' for existing investors and suggest fresh investors wait for post-listing price stabilization.
The IPO was entirely an offer-for-sale (OFS) of up to 17,09,56,631 equity shares by its parent SBI and Amundi.
- Who
- SBI Funds Management, State Bank of India, Amundi
- What
- IPO listing and expected performance
- When
- Listing on July 21
- Where
- BSE and NSE
- Why
- To capitalize on the growth of India's asset management industry
Invest Now
Wait for Stabilization
Investment Timing
Invest Now
Investors should consider buying shares now due to strong GMP and expected listing pop.
Wait for Stabilization
Fresh investors should wait for post-listing price stabilization before initiating positions.
- IPO Date
- July 14-16
- Listing Date
- July 21
- Price Band
- Rs 545-574 per share
- Lot Size
- 26 shares
- Total Funds Raised
- Rs 9,813 crore
- Grey Market Premium (GMP)
- Rs 100-105 per share
- Expected Listing Pop
- 17-18%
- Assets Under Management (AUM)
- Rs 29.5 lakh crore