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SBI Funds IPO may launch next week targeting up to 1.5 billion dollars raising

Business
Published on 24 April 2026
SBI Funds IPO may launch next week targeting up to 1.5 billion dollars raising

A big slice set aside for domestic investors—plus pre IPO bets

SBI Funds Management is reportedly preparing to kick off its IPO as early as next week, seeking to raise up to $1.5 billion. About three quarters of the share sale would be reserved for domestic investors, while the company is also reportedly exploring a pre-IPO placement that could reach $350 million.

  • SBI Funds Management eyes an IPO launch as early as next week
  • Target fundraising: up to $1.5 billion
  • Around three quarters of shares planned for domestic investors
  • Pre-IPO placement could be up to $350 million
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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