SBI Funds Management, India's largest asset management company, will open its Rs 9,813 crore IPO for subscription on Tuesday. The issue will close on July 16. The company has fixed a price band of Rs 545-574 per share. Investors can bid for a minimum of 26 shares and in multiples thereafter.

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 Management has revised its IPO size to Rs 9,812.9 crore after selling a 1.6% stake to marquee investors during a pre-IPO funding round.

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…