Archive · 13 Nov 2025
SBI Funds Management Eyes $1.2 Billion IPO in 2026
SBI Funds Management, a large investment company in India, is thinking about selling some of its shares to the public for the first time.
This is called an IPO, and it could happen in the first half of 2026.
They hope to raise about $1.2 billion from this sale.
If this happens, the whole company could be worth around $12 billion.
The company is owned by two other big companies: the State Bank of India and a French company called Amundi.
Together, they plan to sell about 10% of their ownership in SBI Funds Management.
This news comes as India has been a very active place for companies to go public recently.
Banks will be asked soon to help organize this IPO.
SBI Funds Management is considering an initial public offering (IPO) to raise up to $1.2 billion.
The potential valuation of the company in the IPO could be around $12 billion.
The IPO is anticipated to take place in Mumbai during the first half of 2026.
State Bank of India and Amundi SA, the owners, plan to sell a combined 10% stake.
Banks are expected to be invited to pitch for IPO mandates in the coming weeks.
- Who
- SBI Funds Management Ltd.
- What
- Is considering an initial public offering (IPO) to raise as much as $1.2 billion.
- When
- First half of 2026
- Where
- Mumbai
- Why
- To raise capital through a public offering and sell a combined 10% stake.
Potential Details
Confirmatory Statements
IPO Timing
Potential Details
The IPO is likely in 2026, with banks to be contacted in the coming weeks.
Confirmatory Statements
SBI Funds Management is considering an IPO in the first half of 2026.
IPO Size and Valuation
Potential Details
The company may be valued at $12 billion and could raise as much as $1.2 billion.
Confirmatory Statements
SBI Funds Management plans to sell a combined stake of 10% through the IPO.
- Company
- SBI Funds Management Ltd.
- IPO Goal
- Raise up to $1.2 billion
- Potential Valuation
- $12 billion
- IPO Timeline
- First half of 2026
- Ownership
- Joint venture between State Bank of India and Amundi SA
- Stake to be Sold
- Combined 10%
- IPO Location
- Mumbai
