SBI Funds IPO: Offer for Sale size revised after ₹1,655 crore pre-IPO stake sale

According to the revised offer details, SBI will now sell 4.89% of SBI Funds Management through the IPO, down from the earlier proposed 6.30% stake. Consequently, the total OFS has been reduced to 17.10 crore equity shares, compared with the earlier proposed offer of over 20 crore shares.

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