SBI cuts planned NSE IPO sale to 1.597 crore shares
State Bank of India reduced the number of shares it plans to sell in the proposed NSE IPO by 87.8 lakh shares to 1.597 crore, down from 2.475 crore, sources said. Morgan Stanley also cut its planned sale, the report said.
475 crore shares, according to sources on Thursday (September 10). Morgan Stanley has also reduced its planned sale to 10 shares in the same IPO, the sources said.