Investors ended up placing bids for nearly ₹3 lakh crore for an IPO that was worth ₹9,813 crore, a lower figure after the pre-IPO placement.
Retail investors who applied for India’s largest asset management company’s public issue can check their allotment status through these three simple online methods:
Via Kfin Technologies – The Registrar
KFin Technologies is the official registrar for the SBI Funds Management IPO.
One can visit their portal at ipostatus.kfintech.com, select “SBI Funds Management IPO” from the dropdown menu, and choose your preferred verification method, which include PAN number, Application Number, or DP / Client ID.
Enter the required details, complete the captcha, and click submit to view your allotment result instantly.
Via The BSE Website
Investors can also verify allotment status on the BSE portal as well.
Go to bseindia.com/investors/appli_check, select “Equity” under issue type, choose SBI Funds Management from the IPO list, and enter your application number or PAN.
Submit the form to view your status.
Via NSE Website
Alternatively, investors can also visit the NSE allotment verification link at nseindia.com/invest/check-trades-bids-verify-ipo-bids.
Enter your PAN and application number, then submit to check whether shares have been allotted to your account.
What Happens Next?
For those who have received the allotment in the SBI Funds Management IPO, their shares will be credited to their accounts by Monday, July 20, 2026.
The stock will begin trading on Tuesday, July 21.
For those who do not receive an allotment, the funds that they had blocked while placing bids, will be unlocked and refunded to your bank accounts.
SBI Funds IPO subscription was led by institutional investors, with the Qualified Institutional Bidders’ portion being subscribed 140 times the total number of shares on offer for them.
The portion reserved for non-institutional investors (NIIs) was subscribed over 22 times, while that reserved for retail investors saw an overall subscription figure of 3.6 times.
Eligible Employees of SBI Funds placed bids that were 4.65 times higher than the total number of shares reserved for them, while existing shareholders of State Bank of India (SBI) bid for 9.52 times the total number of shares reserved for their category.
According to reports, the SBI Funds Management shares are trading at a premium between ₹95 to ₹97 compared to the issue price of ₹574 in the unlisted market, which implies a listing gain between 16.5% to 17% in comparison to its issue price. It must be noted that the GMP figures are only speculative in nature and the actual listing price could differ from the GMP rates.
