SBI Funds Management files RHP for IPO opening July 14
after close1 source ↓written by the desknot a recommendation
- will consist
- 203.71 million equity shares
- 6 stake
- 128.33 million shares
- 3.7 stake
- 75.37 million shares
- for subscription
- 14 July 2026
State Bank of India announced that its asset management joint venture, SBI Funds Management, has filed the red herring prospectus for its IPO. The offering will consist of 203.71 million equity shares, with SBI divesting 128.33 million shares (6% stake) and Amundi India selling 75.37 million shares (3.7% stake). The IPO opens for subscription on 14 July 2026.
Not investment advice. For informational purposes only.