SBI Funds Management files for IPO; SBI, Amundi to sell 203.7 mn shares
Existing investors State Bank of India and Amundi will sell 203.7 million shares through the "offer for sale" route. SBI Funds will not issue new shares in the IPO
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Photo: Bloomberg
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India's SBI Funds Management filed for an initial public offering on Thursday, its draft prospectus showed.
Existing investors State Bank of India and Amundi will sell 203.7 million shares through the "offer for sale" route. SBI Funds will not issue new shares in the IPO.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Mar 19 2026 | 9:12 PM IST