Biggest Indian Asset Manager Is Said to Eye $1.2 Billion IPO in 2026

SBI Funds Management Ltd. is considering raising as much as $1.2 billion in an initial public offering that could take place in Mumbai in the first half of 2026, people...

By Suvashree Ghosh, Rajesh Mascarenhas · Bloomberg Markets

SBI Funds Management Ltd. is considering raising as much as $1.2 billion in an initial public offering that could take place in Mumbai in the first half of 2026, people familiar with the matter said.