SBI Mutual Fund's ₹11,693 Cr IPO: How a CFO Reads a Fee-on-AUM Revenue Model

SBI Funds Management — India's largest AMC managing ₹16.32 lakh crore in assets — has fixed a price band of ₹545–₹574 for its ₹11,693 crore IPO opening July 14. The issue is entirely an OFS by promoters SBI and Amundi; the company itself receives zero proceeds.

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Source: https://www.deccanchronicle.com/business/sbi-funds-management-fixes-rs-545-574-price-band-for-rs-11693-crore-ipo-1969844

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