SBI Funds Management IPO: Company expects stock market listing next week
New Delhi, July 13 -- SBI Funds Management Ltd. expects to list on the stock exchanges next week after the close of its Rs 11,692 crore IPO, with the company currently undertaking investor outreach programmes across major cities to create awareness about the issue, which involves an Offer for Sale (OFS) of a 10 per cent stake by SBI and Amundi, MD and CEO Debashish Mishra said on Monday.
"Everything else is filed, RHP (Red Herring Prospectus) filed and from tomorrow to 16th July we will have three days for offer and next week sometime we will be listing in the stock exchange," Mishra told ANI.
He was speaking to ANI on the sidelines of the press conference of SBI Funds Management Limited for its forthcoming launch of Initial Public Offe...
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