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 raise approximately $309 million from anchor investors. This marks India's first billion-dollar IPO this year. The public issue opens for subscription on July fourteenth.

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 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…

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…

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.