The primary market gears up for action as three IPOs, including the mega SBI Funds Management issue and one SME offering, worth over Rs 10,100 crore, open from July 14-16.

Mumbai: The IPO for SBI Funds Management will open on July 14 and close on July 16, the company said on Thursday. The two promoters of the fund house-SBI and Amundi, France-based…

SBI Funds Management raises ₹1,655 crore through pre-IPO placement ahead of its offering priced at ₹545-₹574 per share.

SBI Funds Management secured ₹1,655 crore from investors before its IPO. This pre-IPO share sale occurred ahead of the company's upcoming public offering. The asset manager's…