SBI sells 1.42% stake in SBI Funds Management for ₹1,655 crore ahead of its upcoming IPO opening on July 14.

The anchor book will open on Monday, July 13. The IPO will open for subscription on Tuesday, July 14, and close on Thursday, July 16.

SBI Funds Management's Rs 11,693-crore IPO has earmarked up to 1.3 crore shares worth nearly Rs 750 crore for eligible SBI shareholders. The offer opens on July 14, with over 38…

SBI Funds Management IPO priced at ₹545-574 opens July 14, aiming to raise ₹11,962 crore and enhance visibility.

Mumbai: The IPO for SBI Funds Management will open on July 14 and close on July 16, the company said on Thursday. The two promoters of the fund house-SBI and Amundi, France-based…

State Bank of India is selling a stake in its asset management unit. This pre-IPO placement provides an early valuation benchmark for the company. SBI Funds Management's initial…

SBI sells 1.42% stake in SBI Funds Management for ₹1,655 crore ahead of its upcoming IPO opening on July 14.

SBI Funds Management raises ₹1,655 crore through pre-IPO placement ahead of its offering priced at ₹545-₹574 per share.