SBI Funds Management's ₹9,812.91 crore IPO opened for subscription from July 14 to July 16, 2026, with a price band of ₹545-574 per equity share. The issue is a 100% Offer for Sale, while the Grey Market Premium (GMP) stands at ₹93, implying an estimated listing price of ₹667 and a premium of approximately 16.20%.