SBI MF IPO: Golden Opportunity for Investors as SBI's Third Entity Goes Public
Business
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News18•29-01-2026, 15:57
SBI MF IPO: Golden Opportunity for Investors as SBI's Third Entity Goes Public
- •SBI Mutual Fund, India's largest asset management company, is preparing for an IPO, with documents to be filed with SEBI in February.
- •SBI and Amundi will jointly sell 10% of their stake in SBI MF, which manages over Rs 12.76 lakh crore in assets.
- •The company is valued between $12 billion and $14 billion, aiming to raise over $1 billion through the IPO.
- •Nine bankers, including Kotak Mahindra Capital and ICICI Securities, are assisting with the IPO process.
- •This marks the third SBI entity to enter the stock market, following SBI Life Insurance and SBI Cards, amidst a booming IPO market.
Why It Matters: SBI MF's upcoming IPO offers a significant investment opportunity, leveraging a strong market and SBI's brand.
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