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The Economic Times
The Economic Times
Akash Podishetti

SBI Mutual Fund planning IPO launch on July 13, to raise $1.2 billion

SBI SBI Mutual Fund IPO Amundi India SEBI

India's largest asset manager, SBI Mutual Fund, is planning to launch its much-awaited initial public offering (IPO) on July 13, with the price band likely to be announced on July 9, according to people aware of the matter.

The IPO, which has already received Sebi's final observations, is expected to be one of the biggest public offerings in India's financial services sector this year.

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