SBI Mutual Fund’s unlisted shares have delivered nearly 3.8x returns over the past three years, helped by sharp price appreciation and a 3:1 bonus issue, ahead of its proposed IPO. With Sebi’s approval in place, the country’s largest asset manager is expected to launch its public issue in early July.
SBI Mutual Fund's unlisted shares have delivered nearly 3.8x returns over the past three years. This significant appreciation was aided by sharp price increases and a 3:1 bonus issue, delighting investors. With Sebi's approval secured, the country's largest asset manager is now…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.