SBI FML Unlisted Pre IPO Shares & Company Overview | Stockify

To discover more about how to buy unlisted pre Ipo shares, visit: https://stockify.net.in/buy-unlisted-...

In this video, we cover the following:
SBI FML’s business overview
SBI FML’s company’s recent performance
SBI FML’s shareholding pattern
SBI FML’s latest valuation

Thinking about investing in SBI FML’s Unlisted Shares? Click on the link to know more: https://stockify.net.in/companies/sbi...
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TRANSCRIPT:

Incorporated in 1992, and headquartered in Mumbai, SBI Funds Management Limited is an asset management company of SBI Mutual Fund. It is a joint venture between the State Bank of India, an Indian Public Sector Bank, and Amundi, a European asset management company.

The company has been providing custom investment solutions to Indian citizens for more than 30 years.

It provides over 53 mutual fund schemes and has assets worth Rs 1.6 trillion under its management. It has more than 223 branches, 33 investor service centers, and online portals for an enhanced digital experience.

Talking about its financials,
FY2023 revenue is INR 2,413 Cr. Vs. 2,000 Cr. in the PY which is a growth of 20%
PAT is 1,329 Cr. Vs. 1,072 Cr. in the PY which is a growth of 23%
And the EPS went from Rs. 21.5 to Rs. 26.4 per share.

With outstanding shares of 50.4 Cr. their market cap at the current shares price stands at 62,975 Cr. with a PE of 58.1

And, in Jan 2023 The Reserve Bank of India gave its approval to SBI Funds Management Ltd to acquire up to 9.99% stake in Equitas Small Finance Bank.

Now, coming to its shareholders, majority of the stakes are owned by State Bank Of India with 62.6%, Amundi India Holdings with 36.8%, among others.

According to a report by The Economics Times, SBI Funds Management Limited acquired up to 9.99% stake in merger-bound HDFC Bank.

And, with the acquisition of the stake, the unlisted share prices of SBI FML are expected to surge.

So, now we have seen that the overall market performance of SBI FML has been positive, what are your thoughts on buying its unlisted shares? Do let us know in the comments!

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