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.

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…

Mumbai: The IPO for SBI Funds Management will open on July 14 and close on July 16, the company said on Thursday. The two promoters of the fund house-SBI and Amundi, France-based…

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 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…

SBI reduces its OFS size in SBI MF IPO by 2.88 crore shares after a successful pre-IPO share sale.

SBI Funds Management plans a ₹11,693 crore offer for sale, reducing promoter stake to 88%. The company manages ₹29.46 lakh crore across various investment funds. Revenue and net…