SBI Funds Management IPO listing date today. GMP, analysts signal strong debut of shares in Indian stock market

SBI Funds Management shares are set to list on BSE and NSE on July 21, 2026, with grey market premium of Rs 95.5 indicating an estimated listing price of Rs 669.5, about 16.64 percent premium over the issue price of Rs 574. The Rs 9,812.91 crore IPO was entirely an offer for sale of 17.10 crore shares by selling promoters led by State Bank of India. Analysts expect 15-20 percent listing gains, citing the company's 15.3 percent mutual fund market share and QAAUM of Rs 12,509.98 billion as of March 31, 2026.