SBI Funds Management IPO: Why Was the Issue Size Reduced?
SBI Funds Management, India’s largest asset management company, has revised its upcoming IPO by reducing the issue size from approximately ₹11,692.91 crore to around ₹9,812 crore. While this caught the attention of investors, the change is primarily due to a successful pre-IPO placement and not because of weak demand or any regulatory concern. SBI Funds […]
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