SBI Mutual Fund IPO: Reduced OFS Size, Key Investors Participate, and Market Impact
SBI Mutual Fund gears up for its initial public offer (IPO), with State Bank of India reducing the size of its offer for sale (OFS) following a pre-IPO share sale. The IPO will mop up ₹5,711 crore and ₹4,101 crore, respectively, from SBI and Amundi India Holding.