SBI Mutual Fund eyes IPO launch by July first week; Sebi approval likely today: Sources (opens original article in a new tab)

SBI Mutual Fund is set to launch its IPO in early July 2023 after receiving Sebi's final observations, with the offering being an offer for sale involving existing shareholders' share dilution.

• SBI Mutual Fund plans to launch IPO in first week of July 2023
• Sebi approval expected today for the IPO
• IPO will be offer for sale with no fresh issue component