SBI Funds Is Said to Start Marketing $1.5 Billion IPO Next Week

SBI Funds Management Ltd. is set to begin formal marketing as early as next week for its planned initial public offering to raise as much as $1.5 billion, according to...

By Rajesh Mascarenhas, Siddhi Nayak · Bloomberg Markets

SBI Funds Management Ltd. is set to begin formal marketing as early as next week for its planned initial public offering to raise as much as $1.5 billion, according to people familiar with the matter.