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When is SBI Mutual Fund IPO coming? Big update shared by SBI Chairman, investers must read

SBI Mutual Fund, the country s largest asset manager with around Rs 6.5 lakh crore in asset under management, had in February selected seven merchant bankers for a USD 1-billion IPO. But soon the markets turned volatile with the Russian invasion of Ukraine later in that month. ....

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SBI Mutual Fund's IPO plan shelved for now, says SBI chairman

SBI Mutual Fund, the country's largest asset manager with around Rs 6.5 lakh crore in asset under management, had in February selected seven merchant bankers for a USD 1-billion IPO. But soon the markets turned volatile with the Russian invasion of Ukraine later in that month. ....

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SBI Mutual Fund IPO slated for this year; gears to raise $1 billion


SBI Mutual Fund IPO slated for this year; gears to raise $1 billion
SBI Mutual Fund, whose current value is around $7 billion, could raise about $1 billion from the public offering
BusinessToday.In | February 27, 2021 | Updated 14:35 IST
SBI s mutual fund is the largest in India with Rs 5 lakh crore ($68.4 billion) of assets under management, according to its website
The State Bank of India (SBI) Mutual fund is reportedly preparing for an IPO this year. The country s largest lender will kick off the IPO process of its mutual fund joint venture in the next few months after asking investment banks for proposals and holding discussions with its board and shareholder Amundi Asset Management, Bloomberg agency reported on Friday. ....

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