18 Feb 2026 | 3 Mins Read
SBI MF plans $1.5-bn IPO for March
Flipitmoney
SBI Funds Management Ltd may file draft IPO papers next month, targeting up to $15 billion valuation and a $1.5 billion raise. The nation's biggest asset manager is jointly owned by State Bank of India and Amundi SA, with appointed advisors including Kotak Mahindra, Axis Bank, and others, amidst slower Indian IPO market activity.