SBI Funds Management IPO sees 40.44x subscription on final day, driven by strong QIB demand and diverse investor participation.

The issue size was earlier planned at ₹11,693 crore but was reduced after SBI last week raised ₹1,655 crore from a group of investors. At the higher end of the price band, the…

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…

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

The SBI Funds Management IPO was subscribed 52% on day one. Eligible SBI shareholders can apply under a reserved quota, competing only with fellow shareholders, potentially…

SBI Funds Management's IPO saw strong subscription interest on its second day. The Qualified Institutional Buyer portion was subscribed 1.5 times, while retail investors showed…

The SBI Funds Management IPO entered its final day of bidding with strong investor interest, having been subscribed 2.77 times by Day 2, led by robust NII demand. A 16% grey…

SBI Funds Management IPO sees 40.44x subscription on final day, driven by strong QIB demand and diverse investor participation.