Mega IPO Wave: SBI Funds and Manipal Hospitals ready DRHP filings
SBI Funds Management and Manipal Hospitals are gearing up to file their draft IPO prospectuses by the end of March, aiming for combined fundraising exceeding $1 billion. SBI Funds’ issue is expected to be an offer for sale worth ₹12,000-13,000 crore, potentially valuing the asset manager between ₹1.3-1.5 lakh crore.
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