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VERIFIEDET Markets·positive
SBI’s 15-paise bet: How India's largest bank is turning a tiny cost into mindboggling 382,567% profit
AI Summary
- ·SBI and Amundi India Holding are projected to earn approximately Rs 11,658 crore from the SBI Funds Management IPO.
- ·The IPO of SBI Funds Management is valued at Rs 11,693 crore, making it India's largest IPO of 2026 to date.
- ·The SBI Funds Management IPO is entirely an offer for sale, with shares priced between Rs 545-574.