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Open Date
Jul 14, 2026
Close Date
Jul 16, 2026
Min Investment
₹14,924
Lot Size
26 Shares
Issue Size
₹9795.31 Cr
Price Range
₹545 - ₹545
Listing Date
Jul 21, 2026
SBI Funds Management Limited established in 1992 that is the biggest AMC in India in terms of AUM. The Company is a manager of the popular SBI Mutual Fund. This AMC is a joint effort by State Bank of India and Amundi. The firm provides a large number of financial instruments to its customers, for instance, equity funds, debt funds, hybrid funds, ETFs, and portfolio management services (PMS). The firm manages about ₹16.32 lakh crore of assets in 2025, and this figure accounts for 15.5% of India’s mutual fund AUM. As of December 31, 2025, the company has more than 16.05 million clients, including both individual and institutional clients.
Revenue Growth
Sotefin Bharat
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 |
IPO Doc
RHP PDFCompany Valuation
Earning Expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders. The company want to achieve the benefits of listing its shares on the stock exchanges.
The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders.
The company want to achieve the benefits of listing its shares on the stock exchanges.
Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).
In Cr.
| Key Performance Indicator | 31-Dec-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 3,883.24 | 4,236.15 | 3,426.08 | 2,412.58 |
| EBITDA | 3,186.56 | 3,412.94 | 2,718.82 | 1,810.41 |
| Expenses | ||||
| Profit After Tax | 2,432.91 | 2,540.15 | 2,072.79 | 1,339.71 |
| Assets | 7,824.71 | 8,771.86 | 7,106.93 | 4,984.24 |
| Net Worth | 8,297.53 | 6,747.75 | 4,751.38 | |
| Reserves | -4.89 | -2.75 | ||
| Borrowing |
State Bank of India
Amundi India Holding and Amundi Asset Management
N/A
N/A
SBI Mutual Fund
9th Floor, Crescenzo, C–38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra - 400051.
The company benefits from the combined strengths of its two promoters: SBI and Amundi. SBI offers access to one of India's largest banking and distribution networks, and Amundi contributes global asset management expertise, international best practices, and a diversified investment platform, which is supported by ~€2.4 lakh crore in AUM as of March 31, 2026.
B-30 cities contributed 22.82% of its MAAUM compared with the industry average of 18.2% among the top 10 AMCs as of March 31, 2026. It also holds a 19.2% market share in B-30 assets, higher than its overall mutual fund market share of 15.3%.
The increasing share of passive mutual funds, which now account for 32.42% of the industry's quarterly average assets under management (QAAUM) and charge much lower fees than active funds, is putting further pressure on overall fee income.
Continued investor shift toward index funds/ETFs could erode actively managed QAAUM and average revenue yield, forcing the company to compete more on price.
8.59% of schemes (₹94,100 crore AUM), up from 3.10% a year earlier, were in the bottom quartile by 3-year returns as of March 2026, which could trigger redemptions and reputational damage if underperformance persists.
Contingent liabilities stood at ₹176.2 crore (2.96% of net worth) as of March 2026, including a disputed GST demand of ₹131.9 crore, none of which is provided for in the financials.
The investment management agreement between the company and SBI MF Trustees could be terminated upon a notice of 180 days or immediately in case of some breaches happening; the loss of this agreement would eliminate the company's primary revenue source.