SBI Funds Management sets price band of 545-574 rupees apiece for India IPO
08/07/2026 19:35
SBI Funds Management sets price band of 545-574 rupees apiece for India IPO July 9 (Reuters) - SBI Funds Management, India's largest asset manager, has set a price band of 545 to 574 rupees ($5.70-$6.01) apiece for its initial public offering that kicks off next week, State Bank of India SBI.NS said late on Wednesday.
SBI Funds Management is a joint venture between the country's largest lender State Bank of India SBI.NS and Europe's largest asset manager Amundi AMUN.PA.
($1 = 95.5550 Indian rupees)
(Reporting by Chris Thomas in Mexico City; Editing by Maju Samuel)
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