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2h ago

SBI to sell 6.3% stake in asset-manager via 2026 IPO plan

State Bank of India announced that it intends to divest a **6.3%** stake in its subsidiary SBI Funds Management Private Limited through an initial public offering expected in 2026. The asset-management arm, jointly owned with French partner Amundi, currently manages around ₹12,000 crore (approximately US $1.37 billion) in assets and posted a net profit of ₹1,586 crore in H1 FY26, up 15% year-on-year.

The bank said it will appoint investment bankers and complete valuation ahead of the IPO. This move forms part of India’s expanding primary-market pipeline for 2025-26.

SBI to List Its Asset-Management Arm via IPO; SBI Funds Management to Offer 10% Stake

Reuters• By Pooja Kumari

Explore:High Return Equity Mutual Fund

positive

2h ago

SBI to sell 6.3% stake in asset-manager via 2026 IPO plan

The bank said it will appoint investment bankers and complete valuation ahead of the IPO. This move forms part of India’s expanding primary-market pipeline for 2025-26.

SBI to List Its Asset-Management Arm via IPO; SBI Funds Management to Offer 10% Stake

Reuters• By Pooja Kumari

Explore:High Return Equity Mutual Fund

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SBI to sell 6.3% stake in asset-manager via 2026 IPO plan

about 2 hours ago

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SBI plans IPO of its asset-management arm with a 6.3% stake sale, covering ~₹12,000 crore AUM and H1 profit up 15% to ₹1,586 crore.

The bank said it will appoint investment bankers and complete valuation ahead of the IPO. This move forms part of India’s expanding primary-market pipeline for 2025-26.

Companies:

State Bank of India

SBI Funds Management

Tags:

ipo

sbi

ipo

sbi

asset management

india primary markets

fund management

SBI to List Its Asset-Management Arm via IPO; SBI Funds Management to Offer 10% Stake

Source: Reuters

By Pooja KumariExplore:High Return Equity Mutual Fund

Nov 10, 2025 • 06:47 IST

SBI to sell 6.3% stake in asset-manager via 2026 IPO plan

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SBI to sell 6.3% stake in asset-manager via 2026 IPO plan

SBI to sell 6.3% stake in asset-manager via 2026 IPO plan

SBI to sell 6.3% stake in asset-manager via 2026 IPO plan

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