Company profile Β· India Β· Asset management

SBI Funds Management

Flat / n.a.~$12.2B (implied, priced)N/A β€” bank/asset-manager subsidiary, not a venture-funded startup

India skyline β€” SBI Funds Management's home market
Mumbai skyline β€” Wikimedia Commons, CC BY-SA 3.0

About

SBI Funds Management is India's largest asset manager, a joint venture between State Bank of India and France's Amundi.

Premium or discount?

SBI Funds Management's IPO β€” a 100% offer-for-sale by SBI and Amundi implying a ~$12.2B valuation β€” is a bank/asset-manager listing rather than a venture-funded startup exit, tracked flat since there's no comparable prior venture round.

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Secondary deal history

DateValuationvs. last roundTypeBuyersSource
Jul 2026~$12.2B (implied, priced)Flat / n.a.N/A β€” bank/asset-manager subsidiary, not a venture-funded startupIPO (100% OFS by SBI & Amundi, priced)Public markets; anchor demand from ADIA, GICBloomberg β†—

Frequently asked questions

Can I buy secondary shares in SBI Funds Management?
Retail investors generally cannot buy shares directly. Access typically runs through accredited-investor marketplaces, employee tender programs, or funds that have already built a position β€” and is subject to the company’s transfer restrictions and rights of first refusal.
Why did SBI Funds Management's valuation trade flat versus its last round?
SBI Funds Management's IPO β€” a 100% offer-for-sale by SBI and Amundi implying a ~$12.2B valuation β€” is a bank/asset-manager listing rather than a venture-funded startup exit, tracked flat since there's no comparable prior venture round.
Is the valuation on this page an official company valuation?
No. Secondary marks reflect the price a buyer and seller agreed on (or are discussing) in a specific transaction, not a valuation the company itself set. They are a useful demand signal, not an audited or company-endorsed figure.