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- SBI, Amundi target 11,700 crore from IPO
TNN / Jul 10, 2026, 06:50 IST
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SBI Funds Management’s upcoming IPO will enable SBI and Amundi to pare stakes while offering investors access to one of India’s largest asset managers.
Mumbai: The IPO for SBI Funds Management will open on July 14 and close on July 16, the company said on Thursday. The two promoters of the fund house-SBI and Amundi, France-based global fund management giant-are together offering over 20.3 crore shares at a price band of Rs 545 to Rs 574 per share and are targeting Rs 11,700 crore.
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