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SBI’s 15-paise bet: How India's largest bank is turning a tiny cost into mindboggling 382,567% profit
SBI and Amundi India Holding are set to earn combined profits of about Rs 11,658 crore from the Rs 11,693 crore IPO of SBI Funds Management, India's biggest IPO of 2026 so far. The issue, priced at Rs 545-574 per share, is entirely an offer for sale, with no fresh equity issuance or proceeds going to the asset management company.
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economictimes.indiatimes.com
SBI Funds Management sets IPO price band at Rs 545–574 for Rs 11,693 crore public offer
The anchor book will open on Monday, July 13. The IPO will open for subscription on Tuesday, July 14, and close on Thursday, July 16.
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SBI’s 15-paise bet: How India's largest bank is turning a tiny cost into mindboggling 382,567% profit
SBI and Amundi India Holding are set to earn combined profits of about Rs 11,658 crore from the Rs 11,693 crore IPO of SBI Funds Management, India's biggest IPO of 2026 so far.…
