• Shares of SBI Funds Management Limited Lists at Rs 613.3, Up 6.8%
  • Stock Reaches an Intraday High of Rs 625 on BSE and NSE

Mumbai: Shares of Mumbai-based SBI Funds Management Limited, the largest asset management company (AMC) in India by quarterly average mutual fund assets under management (QAAUM), with QAAUM of Rs 12,509.98 billion, listed at Rs 613.3 on the exchange, a rise of 6.8% from IPO price.

The scrip reached a high of Rs 625 on the BSE and NSE.

The scrip closed at Rs 610.1 on the NSE.

As per NSE, the total quantity traded stood at 848.49 lakh shares, on BSE the total Quantity stood at 91.2 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 5,794.7 crore.

The Market Capitalisation of the Company at today’s closing price stood at Rs 1.24 lakh crore as per BSE and NSE.

The company had offered a nearly Rs 9,795 crore issue for subscription from Tuesday, July 14, 2026, to Thursday, July 16, 2026.

This offer was subscribed nearly 41.66 times, and the Retail Portion and Non-Institutional Portion were subscribed 3.6 times and 22.51 times.

Whereas the Qualified Institutional Investors (QIB) portion was subscribed 140.11 times, while the Employee Reserved Quota was subscribed 4.65 times on the final day of bidding.