SBI Funds Management has revised its IPO size to Rs 9,812.9 crore after selling a 1.6% stake to marquee investors during a pre-IPO funding round.
The company had initially planned an IPO worth ₹11,692.9 crore
Jul 12, 2026
01:45 pm
What's the storySBI Funds Management, India's largest asset management company, has reduced the size of its initial public offering (IPO) to ₹9,812.9 crore.
The reduction comes after a pre-IPO round in which marquee investors bought a 1.6% stake in the firm.
SBI Funds reduces IPO size to Rs 9,812 crore after pre-offer placement. Will it impact listing gains?
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