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13 SBI Funds Management employees become crorepatis after IPO
short by Mansi Agarwal / on Tuesday, 21 July, 2026
SBI Funds Management's market debut has turned 13 employees into crorepatis through stock ownership. At the IPO price of ₹574 a share, Deputy MD Devinder Pal Singh emerged as the biggest beneficiary with vested shares worth about ₹121 crore. CIO Srinivasan Rama Iyer's stake is worth ₹105 crore, while Chief Risk Officer Aparna Nirgude's stake is worth about ₹31 crore.
read more at NDTV Profit