SBI sells 1.42% stake in SBI Funds Management for ₹1,655 crore ahead of its upcoming IPO opening on July 14.
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SBI sells 1.42% stake for 1,655 crore in SBI Funds Management ahead of arm's IPO
SBI to sell 1.42% stake in SBI Funds in pre-IPO deal
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SBI Funds Management trims IPO size to ₹9,813cr
SBI Funds Management sets IPO price band at Rs 545–574 for Rs 11,693 crore public offer
SBI Funds raised ₹2,663 crore from anchor investors including Singapore, ADIA, LIC and BlackRock ahead of its ₹1.17 lakh crore…
SBI sells 1.42% stake in SBI Funds Management for ₹1,655 crore ahead of its upcoming IPO.
State Bank of India is selling a stake in its asset management unit. This pre-IPO placement provides an early valuation benchmark…
SBI shares rise 1.6% as Jefferies projects a 28% upside, citing strong growth and positive outlook despite potential risks.
SBI Funds Management IPO priced at ₹545-574 opens July 14, aiming to raise ₹11,962 crore and enhance visibility.
The issue size was earlier planned at ₹11,693 crore but was reduced after SBI last week raised ₹1,655 crore from a group of…
