SBI files RHP for SBI Mutual Fund IPO, stake sale from July 14

SBI files RHP for SBI Funds Management IPO, 10% stake sale opens July 14. The issue size is ₹12,000 crore, marking one of the largest IPOs by a financial entity. Retail investors get a reservation of 35% in the offer. The move signals strategic divestment to deepen market presence.

📊 STOCKS: SBIN | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #IPO