SBI MF files draft papers for 13k cr IPO
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
Ready to Make a Smarter Property Decision? Build Your Legacy with TOI Homes.
Israel Iran War
- US-Israel-Iran War News Live Updates: US pounds Iranian missile sites near key Strait of Hormuz; Iran rains down cluster bombs on Tel Aviv
- ‘Does anyone really think someone can tell Trump what to do?’ Netanyahu denies 'dragging' US 'into Iran war'
- Armageddon scenario! Why Iran’s missile strikes on Qatar’s LNG spell nightmare for Europe, Asia
Kotak Mahindra Capital, Axis Capital, ICICI Securities and SBI Capital Markets are among the nine bankers handling the offer, the draft prospectus showed
Ready to Make a Smarter Property Decision? Build Your Legacy with TOI Homes.
Popular from Business
- Big oil relief soon? What Trump’s possible ‘unsanctioning’ of Iran crude means for India
- How Iran's strikes on Qatar's Ras Laffan, world's largest LNG hub & other Middle East oil & gas infra, will impact India
- US may unsanction 140 million barrels of Iranian oil to cool prices as Gulf war shakes energy markets
- Armageddon scenario! Why Iran’s missile strikes on Qatar’s LNG spell nightmare for Europe, Asia
- Strait of Hormuz disruption impact: India considers dedicated Rs 1,000 crore war-risk cover to support insurers
end of article
Trending Stories
- US-Israel-Iran War News Live Updates: US strikes Iran missile sites near Strait of Hormuz; Tehran hits Tel Aviv with cluster munitions
- Global Terrorism Index 2026 : Map in report shows Jammu as part of China
- Khandala trip turns fatal: 3 IIT-Bombay students die as SUV overturns on Mumbai-Pune Expressway
- GATE 2026 Result Live Updates: GATE 2026 result expected shortly at goaps.iitg.ac.in, steps to check on GOAPS portal
- RBSE Rajasthan 10th Result 2026 Date, Time Live Updates: RBSE Class 10 result expected soon; here's how to check at rajeduboard.rajasthan.gov.in
- Academic integrity alert: LU flags plagiarism in 95% of PhD theses submitted this year
- 'My identity has been weaponised': Indian cricketer Gautam Gambhir moves Delhi high court over AI deepfakes
Featured in Business
- Asked to work on Eid ul Fitr 2026? Get 50% paid extra; know your rights and compensation as per UAE law
- Govt secures extra LNG via spot buying to make fertilisers
- Dubai souks buzz as gold prices crash over Dh50: Eid shoppers rush to buy
- European powers, Japan back Hormuz security effort; condemn Iran’s attacks on shipping
- Big oil relief soon? What Trump’s possible ‘unsanctioning’ of Iran crude means for India
- Armageddon scenario! Why Iran’s missile strikes on Qatar’s LNG spell nightmare for Europe, Asia
Photostories
- You don’t feel it, but your kidneys do: Doctor explains why daily habits matter
- Eid 2026: How to make classic Hyderabadi Haleem at home for the celebration
- What do atronauts eat? 8 categories of space food designed to keep them healthy
- The ‘wall up’ test: A simple daily check to detect hidden back pain, posture issues, and protect your spine health
- Eid AI photo editing prompts: Google Gemini AI prompts for Eid-ul-Fitr 2026 celebrations on Instagram, WhatsApp status, and Facebook
- Redditor skips dinner on first meeting after woman arrives an hour late: 5 etiquettes to follow when on a date
- 6 animals that survive without drinking water and how they do it
- 5 dreamy places in India that resemble European destinations
- From having no contact with ex-CEO of Astronomer Andy Byron to struggling for a job: 5 big revelations by Kristin Cabot- the Coldplay Kiss Cam scandal woman
- Your heart after 30: Hidden changes that raise disease risk, and simple lifestyle fixes to protect it early
Up Next
Start a Conversation
Post comment