SBI Funds Management announces ₹9,813cr IPO allotment after 41.73x subscription

Business Jul 17, 2026

SBI Funds Management, India's biggest asset management company, is announcing its IPO allotment today (July 17).

The ₹9,813 crore IPO got huge attention: subscribed 41.73 times overall between July 14 and 16.

QIBs were the most enthusiastic, subscribing 140.11 times, while NIIs went for it 22.51 times and retail investors joined in at nearly four times.

How to check SBI funds allotment

If you applied, you can quickly check your allotment on Kfin Technologies's site using your application number or PAN. BSE and NSE also have easy tools for checking status.

Shares will list on July 21, with the gray market premium at ₹97, there could be a solid listing gain, possibly around 16.9%.