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Bank Name - HDFC BANK LTD

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Home > IPO > SBI Funds Management Limited
SBI Funds Management Limited
Minimum Investment
₹ 14924

Issue Price
₹545- ₹574
Lot Size
26
Listing Price
₹613.30
Listing Gains
6.85
Issue Closed
16 Jul 2026
IPO Doc
 Download
Refund Initiation
20 Jul 2026
Listing Date
21 Jul 2026

Application Details

SBI Funds Management IPO is a book build issue of ₹9,812.91 crores. The issue is entirely an offer for sale of 17.10 crore shares of ₹9,812.91 crore.

SBI Funds Management IPO opens for subscription on Jul 14, 2026 and closes on Jul 16, 2026. The allotment for the SBI Funds Management IPO is expected to be finalized on Jul 17, 2026. SBI Funds Management IPO will list on NSE and BSE with a tentative listing date fixed as Jul 21, 2026.

SBI Funds Management IPO is set issue price band at ₹545 to ₹574 per share. The lot size for an application is 26 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,924 (26 shares) (based on upper price). The lot size investment for sNII is 14 lots (364 shares), amounting to ₹2,08,936, and for bNII, it is 68 lots (1,768 shares), amounting to ₹10,14,832.

Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue

About SBI Funds Management Limited

SBI Funds Management Ltd was established in 1992 and is the largest asset management company (AMC) in India based on assets under management (AUM). The company manages the well-known SBI Mutual Fund. It is a joint venture between State Bank of India and Amundi. The company offers a wide range of investment products such as equity funds, debt funds, hybrid funds, ETFs, and portfolio management services (PMS). As of 2025, the company manages around ₹16.32 lakh crore in assets, which represents about 15.5% of India’s total mutual fund AUM.

As of December 31, 2025, the company serves more than 16.05 million investors, including both individual and institutional clients.

It manages a diversified portfolio of 126 mutual fund schemes, covering different categories such as:

  • Equity and equity-oriented funds
  • Debt funds
  • Arbitrage funds
  • Exchange Traded Funds (ETFs)
  • Index funds
  • Overseas fund-of-funds
  • Liquid and overnight funds

The company also has a global investment presence. Its international business includes:

India-focused investment mandates for institutional investors in Japan, Australia, and Korea, with AUM of ₹232,090.37 million.

UCITS India-focused funds sponsored by Amundi, with AUM of ₹86,816.48 million, distributed across Europe, the Middle East, South America, and Southeast Asia.

Advisory services for Amundi’s Global Emerging Markets funds, managing ₹145,839.65 million in India-related assets.

Competitive Strengths

  1. Market Leader in India
    The company is the largest asset management company in India by mutual fund AUM, benefiting from strong growth and operating scale.
  2. Leader in Portfolio Management Services (PMS)
    It is the largest PMS provider in India, with 39% market share in PMS and advisory assets. It also runs the largest Specialized Investment Fund (SIF) platform with 61% market share.
  3. Strong SIP Franchise
    The company has a 16.09% market share in live SIP accounts, showing strong investor trust and long-term investment participation.
  4. Structured Investment Process
    A process-driven investment framework helps maintain consistent performance and supports continuous product innovation.
  5. Strong Distribution Network
    A well-diversified, pan-India distribution network helps the company reach a wide range of investors.
  6. Advanced Technology and Data Use
    The company uses modern technology and data analytics to improve investor engagement and provide better services.

FAQ

IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.

The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.

An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.

"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.

Research Analyst Disclaimer

Lakshmishree Investment & Securities Ltd. (hereafter called Lakshmishree) and DRS FINVEST (SEBI registered Research Entity with SEBI Research Analyst No: INH000013217) have entered into an agreement. This disclaimer clarifies that the Analyst is engaged as an independent research analyst. Lakshmishree endorses the services as it receives from independent Research Analyst (DRS FINVEST ) without any modification. Hence, Lakshmishree does not guarantee the Analyst's findings and is not responsible for the accuracy, completeness, or market impact of the Analyst's research.


CIN No U74110MH2005PLC157942     |    Member Ship Details     |    BSE-3281     |    NSE-12817     |    MCX-55910     |    DP:IN-DP-CDSL-490-2008     |    DPID:12059100     |    SEBI Regn. No.: INZ000170330     |    Mutual Fund: ARN-77739
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Lakshmishree Investment & Securities Ltd. was incorporated in 2005. We are a Corporate Member of NSE, BSE, MCX and Depository Participant with CDSL.

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Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances

Mutual funds disclaimer: Mutual Fund investment are subject to market risk. Read all the scheme related documents carefully before investing.
Compliance officer: Prerna Maheshwari. Contact no: +919235395868. Email: [email protected] for any complaints, email at [email protected]

Prevent Unauthorised transactions in your account: Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day issued in the interest of investors Prevent Unauthorized Transactions in your demat account: Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day issued in the interest of investors No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." Dear ALL. We would like to inform that Lakshmishree Investment & Securities Ltd. do Proprietary trading in MCX exchange KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Dear Client, As per SEBI circular no. SEBI/HO/MRD2_DCAP/CIR/2021/0598 dated July 20, 2021, has put in place a framework for "Segregation and Monitoring of Collateral at Client Level" from 2 May 2022. The said circular inter-alias stipulated that minimum 50% cash equivalent collateral requirement applicable at the end of client level. Vigilance awareness week from Oct 31, 2022 to - Nov 06, 2022 would be observed, to take e-pledge please click on https://pledge.cvc.nic.in

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