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 ₹11,693 crore IPO is the largest public issue scheduled for 2026. PI Opportunities Fund-II and Enam's Akash Manek Bhanshali were among the significant investors. The transaction involved selling a 1.42% stake at ₹574 per share.

SBI Funds Management has filed its red herring prospectus for an IPO comprising only an offer for sale by SBI and Amundi India Holding. The listing will offer investors exposure…

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.

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.…

SBI Funds Managements Rs 11,693-crore IPO has drawn investor attention ahead of its opening, with grey market trends indicating a potential listing price of around Rs 644, a…

SBI Funds Management's Rs 11,693-crore IPO has earmarked up to 1.3 crore shares worth nearly Rs 750 crore for eligible SBI shareholders. The offer opens on July 14, with over 38…

SBI Funds Management files IPO prospectus; public subscription opens on July 14 for 10% equity share sale.

SBI Funds Management IPO priced at ₹545-574 opens July 14, aiming to raise ₹11,962 crore and enhance visibility.

SBI Funds Management set its IPO price band at ₹545-574 per share. This pricing represents a significant discount to its unlisted market value. The public issue, an offer for…

SBI Funds Management's IPO is priced at a discount to listed asset management companies. Its valuation reflects a lower share of equity-oriented schemes compared to peers. …

State Bank of India is selling a stake in its asset management unit. This pre-IPO placement provides an early valuation benchmark for the company. SBI Funds Management's initial…

SBI Funds Management has raised Rs 1,655 crore through a pre-IPO placement by selling a 1.42% stake to 30 marquee investors, including Prashant Jain-led 3P India Equity Fund I.…

SBI sells 1.42% stake in SBI Funds Management for ₹1,655 crore ahead of its upcoming IPO opening on July 14.

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

SBI sells 1.42% stake in SBI Funds Management for ₹1,655 crore ahead of its upcoming IPO.

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…

India's primary market anticipates a significant IPO rush totaling nearly eleven thousand nine hundred eighty crore rupees next week. SBI Funds Management and Alpine Texworld will…