Abakkus Asset Manager IPO details & conversation with bankers
Sources say the conversation of firms and advisors would have taken around a few months, and the current plan is to launch an IPO with a mostly offer-for-sale, wherein the shareholders will sell their shares through an OFS. This method has been used before for listing asset management companies in India.Â
The firm doesn’t need money right now. A listing would let employees and current investors cash in the stock options they’ve earned since the firm started.
About Sunil Singhania
Sunil Singhania is a balance-sheet-focused investor with a strong understanding of numbers. Moreover, he has been following the Indian stock market for nearly 30 years and has spent the last 21 years managing equity investments on the buy side.
Moreover, He is a chartered accountant and a CFA charter holder, and previously served on the global board of the CFA Institute from 2013 to 2019.
About Abakkus Asset Manager
Abakkus Asset Manager was started in 2018 as an investment firm that focuses on Indian stocks. As of December 31, 2025, the firm managed about â‚ą40,795 crore (around $4.54 billion) in listed equities.
Latest Activity in the SectorÂ
In recent years, several asset management companies have gone public. ICICI Prudential Asset Management was one of the latest, listing on Indian stock exchanges in December 2025.Â
