SBI Funds Management will launch its Rs 11,692.91 crore IPO on July 14. Investor enthusiasm is building in the grey market, indicating a premium. The price band is set at Rs 545-574 per equity share for this offering. This public issue is entirely an Offer for Sale by selling shareholders. The shares are tentatively scheduled to debut on July 21, 2026.

SBI Funds Management raises ₹1,655 crore through pre-IPO placement ahead of its offering priced at ₹545-₹574 per share.

SBI Funds Management secured ₹1,655 crore from investors before its IPO. This pre-IPO share sale occurred ahead of the company's upcoming public offering. The asset manager's…