SBI Funds Management IPO: Allotment & Listing Timeline
The SBI Funds Management IPO closes today. Here's what happens next:
| Allotment Finalisation | Friday, July 17, 2026 |
| Refunds Initiated | Monday, July 20, 2026 |
| Shares Credited to Demat | Monday, July 20, 2026 |
| Listing (Tentative) | Tuesday, July 21, 2026 |
IPO Snapshot
- IPO Dates: July 14–16, 2026
- Price Band: ₹545 – ₹574
- Issue Price: ₹574 per share (Face Value ₹1)
- Lot Size: 26 shares
- Minimum Retail Investment: ₹14,924
- Issue Size: 17,09,56,631 shares (₹9,813 crore)
- Pre-IPO Market Cap: ₹1,16,913.90 crore
- Employee Discount: ₹54 per share
Important Point
This is a 100% Offer for Sale (OFS). All 17.09 crore shares are being sold by existing shareholders, meaning the AMC itself will not receive any fresh capital from the IPO. The total outstanding shares remain unchanged before and after the issue at 2,03,68,27,612 shares.
This is a common structure for AMC listings where the parent company monetises part of its stake. Investors should note that they are purchasing shares from existing shareholders rather than funding the company's future expansion.
Checking IPO Allotment
Once the allotment is finalized, investors can check their allotment status on the registrar's website or the BSE IPO allotment page using their PAN or Application Number. Check SBI Funds Management IPO Allotment Status on Kfin Technologies https://ipostatus.kfintech.com/
Did you apply for the SBI Funds Management IPO? If allotted at ₹574, are you planning to hold for the long term or looking to book gains on listing day?
CAclubindia
