neutral
SBI to Sell 6.3% Stake in SBI Funds via IPO
State Bank of India (SBI) is planning to offload a 6.3% stake in its asset management arm, SBI Funds Management, through a proposed IPO. The JV issuer, co-owned by SBI and Amundi, manages about ₹120 billion in AUM. SBI’s plan follows an earlier listing attempt in 2021.
The IPO is likely to be executed in 2026 once regulatory and valuation processes are finalised, according to people close to the matter.
Companies:
- SBI Funds Management
- SBI
Tags:
- ipo
- asset_management
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
neutral
SBI to Sell 6.3% Stake in SBI Funds via IPO
State Bank of India (SBI) is planning to offload a 6.3% stake in its asset management arm, SBI Funds Management, through a proposed IPO. The JV issuer, co-owned by SBI and Amundi, manages about ₹120 billion in AUM. SBI’s plan follows an earlier listing attempt in 2021.
The IPO is likely to be executed in 2026 once regulatory and valuation processes are finalised, according to people close to the matter.
Companies:
- SBI Funds Management
- SBI
Tags:
- ipo
- asset_management
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
Breaking
neutral
SBI to Sell 6.3% Stake in SBI Funds via IPO
1 min read
69 words
SBI proposes selling 6.3% of SBI Funds Management via an IPO, possibly in 2026, to unlock value in its AM arm.
State Bank of India (SBI) is planning to offload a 6.3% stake in its asset management arm, SBI Funds Management, through a proposed IPO. The JV issuer, co-owned by SBI and Amundi, manages about ₹120 billion in AUM. SBI’s plan follows an earlier listing attempt in 2021.
The IPO is likely to be executed in 2026 once regulatory and valuation processes are finalised, according to people close to the matter.
State Bank of India (SBI) is planning to offload a 6.3% stake in its asset management arm, SBI Funds Management, through a proposed IPO. The JV issuer, co-owned by SBI and Amundi, manages about ₹120 billion in AUM. SBI’s plan follows an earlier listing attempt in 2021.
The IPO is likely to be executed in 2026 once regulatory and valuation processes are finalised, according to people close to the matter.
Companies:
- SBI Funds Management
- SBI
Tags:
- ipo
- asset_management
- ipo
- asset_management
- india
- sbi