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    India's SBI Funds Management files for IPO

    Picture of Amundi SA logoAmundi SA
    19/03/2026 14:31
    March 19 (Reuters) - India's SBI Funds Management filed for an initial public offering on Thursday, its draft prospectus showed.

Existing investors State Bank of India SBI.NS and Amundi AMUN.PA will sell 203.7 million shares through the "offer for sale" route. SBI Funds will not issue new shares in the IPO.

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

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