SBI Funds IPO jackpot turns 13 employees into crorepatis; top ESOP haul hits Rs 121 crore

SBI Funds IPO has transformed thirteen employees into crorepatis through stock ownership. Deputy Managing Director Devinder Pal Singh received the largest payout valued at Rs 121 crore. Chief Investment Officer Srinivasan Rama Iyer also secured a stake worth approximately Rs 105 crore. Several other senior executives gained substantial wealth from the company's successful public offering. This wealth creation highlights the significant payoff from SBI Funds' employee stock ownership program.

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