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SBI Funds Management gets Sebi nod for IPO
SBI Funds Management, India's largest mutual fund house, has secured SEBI's nod for its upcoming Initial Public Offering, expected to launch early in July. The public issue will be an Offer for Sale, with existing shareholders State Bank of India and Amundi India divesting a portion of their stakes. This move signals a significant step for the joint venture, positioning it for broader market participation.
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economictimes.indiatimes.com
SBI Mutual Fund eyes IPO launch by July first week; Sebi approval likely today: Sources
SBI Mutual Fund is preparing to launch its IPO in early July after receiving Sebi approval. The offer, entirely an offer for sale by SBI and Amundi, could be valued around Rs…
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timesofindia.indiatimes.com
Sebi clears SBI Mutual Fund IPO; Rs 13,000 crore share sale likely next month
