SBI Funds Management opened for subscription on 14 July 2026 (Tuesday) and closed on 16 July 2026 (Thursday). Basis of allotment was decided on 17 July 2026 (Friday), initiation of refund began on 20 July 2026 (Monday) and IPO was listed on 21 July 2026 (Tuesday) at NSE, BSE. Axis Capital Ltd, BOFA Securities India Ltd, HSBC Securities & Capital Markets (India) Pvt Ltd, ICICI Securities Ltd, Jefferies India Pvt Ltd, JM Financial Ltd, Kotak Mahindra Capital Co Ltd, Motilal Oswal Investment Advisors Ltd and SBI Capital Markets Ltd is the book running lead manager and Kfin Technologies Ltd is the registrar of the IPO.

Total shares offered by SBI Funds Management is 17,09,56,631 shares (aggregating up to 9,812 crore 91 lakh 6 thousand 1 hundred ninety four rupees). Out of which 5,41,25,280 shares (31.66%) is reserved for retail, 2,31,96,549 shares (13.57%) is reserved for HNI (NII), 7,73,21,826 shares (45.23%) is reserved for QIB.

SBI Funds Management has set a price band of ₹545 to ₹574 per share and lot size is of 26 shares. Retail investors could bid for a minimum of 1 lots (26 shares), requiring minimum investment of ₹14,924, and maximum upto 13 lots (338 shares), requiring maximum investment of ₹1,94,012. Small HNI investors could bid for a minimum of 14 lots (364 shares), requiring an investment of ₹2,08,936, small hni (shni) investors could bid for a maximum of 67 lots (1,742 shares), requiring an investment of ₹9,99,908 and big hni (bHNI) investors could bid for a minimum of 68 Lots (1,768 shares), requiring an investment of ₹10,14,832. Calculated at the cut-off price ₹574.00 per share per share (the upper end of the price band).