HighPositive
Announced Fri, 17 Jul · 09:58 IST

SBI Funds Management IPO allotment date likely today. GMP, steps to check share allotment status online

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SBI Funds Management IPO allotment is expected on July 17, 2026, with listing on BSE and NSE on July 21. The public issue, a complete offer for sale of 17.10 crore shares by promoters State Bank of India and Amundi India Holding at a price band of ₹545–₹574, raised ₹9,812.91 crore and was subscribed 41.66 times overall (QIB 140.11x, NII 22.51x, Retail 3.60x). Grey market premium stands at about ₹97 per share, indicating an estimated listing price of around ₹671, a 16.90% premium over the issue price of ₹574.