MUMBAI: SBI Mutual Fund, the largest fund house in India, on Thursday filed for its much-awaited public offering, expected later in the year. Through this offer, the two sponsors of the fund house-SBI and Amundi (of France)-are selling 6.3% and 3.7% stakes, respectively.The two sponsors of the fund house are expected to garner a total of about Rs 13,500 crore through the offer. Last year while allowing the fund house to go public, its board had set a Sept 2026 deadline to complete the process of the offering.Kotak Mahindra Capital, Axis Capital, ICICI Securities and SBI Capital Markets are among the nine bankers handling the offer, the draft prospectus showed
SBI MF files draft papers for 13k cr IPO
Date:
More like thisRelated
Kirsten Dunst joins ‘A Minecraft Movie 2,’ bringing star power to the blockbuster sequel set for 2027 release |
Kirsten Dunst has landed a coveted role...
Niall Horan BREAKS silence on Liam Payne’s death with emotional tribute track, ‘I went into a little hiding to grieve’ | English Movie News
TRIGGER WARNING: This article contains mention of...
Spider-Man: Brand New Day: Charlie Cox shuts down ‘Spider-Man: Brand New Day’ rumors, admits he ‘could be lying’ | English Movie News
The buzz among fans reached a fever pitch...
Kerala polls: Congress releases 2nd list, MP Sudhakaran agrees to stay away | India News
THIRUVANANTHAPURAM: Ending days of uncertainty, Congress on...