SBI Mutual Fund, India’s largest asset manager, is planning to launch its much-anticipated initial public offering (IPO) in the first week of July. The company, meanwhile, is already receiving the Sebi final observations, ETMarkets reported, as told by people familiar with the development.
According to sources, the fund house is targeting an early July launch, subject to receiving regulatory approval. “The price band could be announced on July 2-3,” a source said. SBI
