SBI Funds Management Prepares for ₹9,500 Crore IPO, Valuation at ₹1.68 Lakh Crore
SBI Funds Management is set to raise ₹2,000 crore in a pre-IPO round, marking a significant milestone in the company’s growth trajectory. The fund house has a strong market presence, with a market share of around 15.5% and a quarterly average assets under management of about ₹12.5 lakh crore as of December.