IPO Guru

SBI Funds Management IPO GMP Today and Kostak Price

IPO
GMP Price
₹ 88
15.3%
Kostak Rate
₹ 0
Subject to Sauda
₹ 0

SBI Funds Management IPO Grey Market Premium (GMP) today stands at ₹ 88, showing healthy interest from investors in the grey market. The Kostak rate is currently not available, while the Subject to Sauda price is quoted at currently not available. On 6 July 2026, the IPO GMP recorded a high of ₹140 and a low of ₹77 on 8 July 2026, reflecting positive market momentum. You can check the day-wise GMP trend below to track price movement and investor sentiment over time.

SBI Funds Management IPO is scheduled to open for subscription on July 14, 2026. The public issue aims to raise around ₹9795.31 Cr. and is offered in a price band of ₹545 to ₹574 per share, with a market lot of 26 shares. Investors are closely watching subscription data and grey market trends ahead of the listing.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
15 Jul 2026 ₹ 88 15.3% ₹ 0 ₹ 0
14 Jul 2026 ₹ 88 15.3% ₹ 0 ₹ 0
13 Jul 2026 ₹ 100 17.4% ₹ 0 ₹ 0
12 Jul 2026 ₹ 89 15.5% ₹ 0 ₹ 0
11 Jul 2026 ₹ 88 15.3% ₹ 0 ₹ 0
10 Jul 2026 ₹ 110 19.2% ₹ 0 ₹ 0
09 Jul 2026 ₹ 84 14.6% ₹ 0 ₹ 0
08 Jul 2026 ₹ 77 13.4% ₹ 0 ₹ 0
07 Jul 2026 ₹ 139 24.2% ₹ 0 ₹ 0
06 Jul 2026 ₹ 140 24.3% ₹ 0 ₹ 0
05 Jul 2026 ₹ 125 -- ₹ 0 ₹ 0
04 Jul 2026 ₹ 116 -- ₹ 0 ₹ 0
03 Jul 2026 ₹ 110 -- ₹ 0 ₹ 0
02 Jul 2026 ₹ 101 -- ₹ 0 ₹ 0

SBI Funds Management IPO Dates

Event Date
Open Date 14 Jul, 2026
Close Date 16 Jul, 2026
Allotment Date 17 Jul, 2026
Refund Date 20 Jul, 2026
Credit to Demat 20 Jul, 2026
Listing Date 21 Jul, 2026

SBI Funds Management IPO Expected Listing Price

Basis Value
Issue Price (Upper Band) ₹574
Current GMP ₹ 88
GMP-Based Listing Estimate ₹662 (+15.3%)
Listing Date 21 Jul, 2026

Disclaimer: The listing price estimate above is based purely on the current grey market premium (GMP) and is not a guaranteed prediction. GMP is an unofficial, unregulated indicator and can change significantly in the 24–48 hours before listing. Do not make investment decisions based solely on GMP.

Is SBI Funds Management IPO GMP Reliable?

Grey market premium for SBI Funds Management IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the SBI Funds Management IPO full review for a fundamentals-based assessment before making any grey market trades.

SBI Funds Management IPO IPO Kostak Rate Explained

The Kostak rate for SBI Funds Management IPO is currently not active. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price has not been quoted yet. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About SBI Funds Management IPO

SBI Funds Management Limited was incorporated in 1992 and is the asset manager of SBI Mutual Fund, India's largest mutual fund house. The company is promoted by State Bank of India and Amundi, Europe's largest asset manager, through a long-standing joint venture. It is the largest asset management company in India with a quarterly average mutual fund AUM of about ₹12.51 lakh crore as of 31 March 2026, a mutual fund market share of around 15.3%, and a leading 27.9% share in passive (ETF and index) funds.

Beyond mutual funds, the company manages portfolio management services, alternative investment funds and offshore mandates, taking its total quarterly average assets under management to about ₹29.46 lakh crore. Its scale, the SBI brand and distribution network, and a high-margin asset-light model make it one of the most profitable AMCs in the country, with a PAT of ₹3,067 crore on total income of ₹4,976 crore in FY26.

Strengths & Risks

Strengths

  • India's largest asset management company by assets under management.
  • Strong backing from SBI and Amundi enhances credibility and distribution reach.
  • Diversified product portfolio across mutual funds, ETFs and PMS services.
  • Large investor base provides stable and recurring fee income.
  • Asset-light business model generates strong profitability and return ratios.

Risks

  • Revenue is closely linked to market performance and investor sentiment.
  • Fee compression in the mutual fund industry may impact margins.
  • Intense competition from other AMCs can affect market share growth.
  • Regulatory changes in the mutual fund sector may impact operations and earnings.
  • The issue is a pure Offer for Sale, with no fresh capital flowing into the company.

Frequently Asked Questions about SBI Funds Management IPO

What is the GMP of SBI Funds Management IPO?

The current Grey Market Premium (GMP) of SBI Funds Management IPO is ₹ 88.

What is the Kostak Price of SBI Funds Management IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for SBI Funds Management IPO is currently not available.

What is the Subject to Sauda Price of SBI Funds Management IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.

What is the expected listing price of SBI Funds Management IPO based on GMP?

Based on the current GMP of ₹ 88, SBI Funds Management IPO is expected to list around ₹662 — approximately +15.3% above the issue price of ₹574. Grey market prices can shift before listing — treat this as an estimate only.

Is the GMP of SBI Funds Management IPO increasing or decreasing?

The GMP of SBI Funds Management IPO is currently stable. Track the day-wise GMP table above for the latest movement.

Explore SBI Funds Management IPO Further

For a complete picture before making your investment decision, explore these resources:

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