SBI Funds Management IPO opens tomorrow: GMP signals 16% listing gain; Check price band, key dates & details

SBI Funds Management's Rs 11,692.91-crore IPO opens on July 14, 2026, with a price band of Rs 545-574 per share. The issue is entirely an Offer for Sale by State Bank of India and Amundi India Holding, with grey market premium indicating a 16% listing gain at around Rs 663 per share. The company reported FY26 net profit of Rs 3,068 crore, up 21% year-on-year, and manages approximately Rs 16.32 lakh crore in AUM with about 15.5% market share.