The upmove in SBI shares comes after its joint venture asset manager, SBI Funds Management, filed draft papers with market regulator Sebi for an IPO. The proposed listing is being seen as a key value ...

SBI will offer up to 128.3 million shares, while Amundi SA will sell up to 75.3 million shares through its India affiliate, the offer document showed.

SBI Fund Management aims for a valuation of around ₹1.3 lakh crore for the IPO, which would translate to a price-to-earnings ratio of approximately 51 time, said an analyst ...

SBI will divest up to 12.83 crore shares, representing a 6.3% stake in SBI Funds Management, while joint venture partner ...

SBI Mutual Fund has filed its DRHP with Securities and Exchange Board of India for a high-profile IPO, which will be entirely an offer for sale by promoters State Bank of India and Amundi India. The ...

SBI Mutual Fund sold 18.18 Lakh shares of Delhivery to trim its stake by 0.24% from 5.93% earlier The asset management company held a 7.91% stake in the company in April 2023, which it has been ...

The company, a joint venture between SBI (63%) and Europe’s Amundi (37%), is looking to raise around ₹13,000 crore through an ...

SBI Mutual Fund has filed for an initial public offering to offload equity shares purely through an offer for sale. This IPO will include major shareholders SBI and Amundi India Holding reducing their ...

In an exchange filing, State Bank of India’s asset management arm, SBI Funds Management Limited, announced that it has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board ...

SBI Funds Management and Manipal Hospitals are set to file their draft red herring prospectuses for initial public offerings worth over $1 billion by March end.

SBI Funds Management, India's largest mutual fund company, is making a fresh attempt to go public by filing a draft prospectus with Sebi. The IPO will see SBI and Amundi selling a 10% stake through an ...

SBI Mutual Fund files DRHP for ₹13,000 crore IPO as SBI and Amundi plan stake sale. India’s largest AMC to become seventh listed fund house.