SBI Funds Management IPO listing date tomorrow. Here’s what GMP signals about share debut on Dalal Street

SBI Funds Management Ltd, a subsidiary of State Bank of India, is set to list on BSE and NSE on 21 July 2026. The public issue, which was entirely an offer for sale of 17.10 crore shares by SBI and Amundi India Holding, raised about 9,812.91 crore at a price band of 545 to 574 per share and was subscribed 41.66 times overall, with QIB portion booked 140.11 times. Grey market premium of 104 per share signals an estimated listing price of around 678, a premium of about 18.12 percent over the upper price band.