SBI Funds IPO anchor book sees 20x subscription, attracting major investors ahead of its public offering from July 14-16.

SBI Funds Management has raised Rs 1,655 crore through a pre-IPO placement by selling a 1.42% stake to 30 marquee investors, including Prashant Jain-led 3P India Equity Fund I.…

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…

SBI Funds IPO anchor book sees 20x subscription, attracting major investors ahead of its public offering from July 14-16.

SBI Funds Management's IPO anchor book saw strong investor interest. Key global and Indian funds participated, subscribing more than twenty times over. The offering is expected to…

SBI Funds Management plans a ₹11,693 crore offer for sale, reducing promoter stake to 88%. The company manages ₹29.46 lakh crore across various investment funds. Revenue and net…

Brokerages have recommended subscribing to SBI Funds Managements Rs 9,813 crore initial public offering (IPO), citing its market leadership, strong earnings growth, healthy return…

SBI Funds Management has raised nearly ₹2,663 crore from 129 anchor investors ahead of the opening of its ₹9,813 crore initial public offering (IPO) on July 14.

The non-institutional investors’ portion was subscribed 1.05 times, while the retail investors’ category saw subscription of 0.53 times