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MARKETS-ECONOMIC TIMES · INDIAN ·

Sebi approves SBI Mutual Fund IPO, launch likely by July first week

As reported by Markets-Economic Times
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 13,000 crore, making it among the largest asset management listings in India.
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SBI Mutual Fund has received approval from Sebi for its initial public offering. The IPO, an offer for sale by SBI and Amundi, is expected to launch in early July and could be valued at approximately Rs 13,000 crore. This makes it one of the largest asset management listings in…

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