Amundi SA says it expects to book net capital gain of around €300 million ($343 million) from the initial public offering of its asset management joint venture in India.

The French asset manager announced the expected gain, highlighting the value creation from its Indian partnership. The IPO of the joint venture represents a significant milestone for Amundi's expansion in the Asian market.

Amundi's Indian venture has grown substantially since its inception. The public listing allows Amundi to crystallize gains while maintaining a strategic presence in one of the world's fastest-growing asset management markets.

The €300 million gain will boost Amundi's earnings and underscores the success of its international joint venture strategy. The transaction is expected to close following regulatory approvals and market conditions.