SBI Funds Management IPO gets 41.66 times subscription on closing day; allotment date and time, how to check status online on BSE, NSE – Markets

SBI Funds Management IPO: The three-day subscription window for the initial public offering of SBI Funds Management ended today, July 16. The public offer received 41.66 times subscription on the closing day of bidding.

As the bidding process for the SBI Funds Management IPO ended today, all eyes of the investors are now on the finalisation of the shares of the company.

SBI Funds Management IPO bidding opened for subscription on July 14. The allotment for the SBI Funds Management IPO is expected to be finalised on Friday, July 17 at any time during the day.

Those who get the allotment, the shares will be credited to their demat accounts by Monday, July 20.

SBI Funds Management IPO subscription status details

The Rs 9,812.91-crore IPO got bids for 5,18,95,47,350 shares as against 12,45,63,536 shares on offer, as per NSE data.

The category for Qualified Institutional Buyers (QIBs) fetched 140.11 times subscription. The portion for non-institutional investors attracted 22.51-times subscription, while the retail segment got subscribed 3.60 times.

SBI Funds Management IPO allotment status check online

Check SBI Funds Management IPO allotment status check online on NSE

Step 1: Visit the NSE IPO bid verification link at – https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select Equity & SME IPO bid details

Step 3: Select SBI Funds Management

Step 4: Enter your PAN details and application number and click on submit to check your allotment status.

Check SBI Funds Management IPO allotment status check online on BSE

Step 1: Visit BSE IPO allotment link at – https://www.bseindia.com/investors/appli_check

Step 2: Tick on equity under issue type

Step 3: Select SBI Funds Management from the dropdown menu.

Step 4: Enter your application number Or PAN details.

Step 5: Fill the captcha and click search to view allotment

Check SBI Funds Management IPO allotment status check online on registrar Kfin Technologies

Step 1: Visit the KfinTechnologies portal: – https://ipostatus.kfintech.com/

Step 2: Choose SBI Funds Management IPO from the dropdown menu

Step 3: Select PAN, application number, or DP ID option

Step 4: Enter the details

Step 5: Click submit to check the SBI Funds Management allotment results

SBI Funds Management IPO details

The price band for the offer is Rs 545-574 per equity share.

The issue size was earlier proposed at Rs 11,693 crore but was subsequently reduced after the company completed a pre-IPO placement of about Rs 1,880 crore.

At the upper end of the price band, SBI Funds Management is valued at around Rs 1.2 lakh crore.

Set up in 1987, SBI Funds Management is India’s largest asset management company by quarterly average assets under management (QAAUM), with Rs 12.51 lakh crore in mutual funds and a 15.3 per cent market share as of March 31, 2026.

SBI Funds Management IPO Listing Date

The SBI Funds Management IPO is planned to list on Tuesday, July 21, on the leading stock exchanges – BSE and NSE.

(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)