SBI Funds Management's Rs 9,813 crore IPO saw 42 times subscription on its final day. Qualified institutional buyers led the strong demand, subscribing 140.11 times their allocated portion. The issue received nearly 65 lakh applications, the highest number for any IPO this year. The company, India's largest asset manager, is expected to list with a double-digit premium.

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.

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…

SBI Funds Management IPO GMP Live Updates: SBI Funds Management's Rs 9,813-crore IPO opens today with an Rs 89 grey market premium, implying a 16% listing gain. The issue closes…

SBI Funds Management IPO: The issue is attracting positive sentiment in the grey market, where it is commanding a GMP of around 16%, signalling expectations of a strong listing.

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 IPO saw strong demand, with 68% subscription on day one and a 15–16% GMP. Brokerages recommend subscribing, citing market leadership, profitability, robust…

SBI Funds Management IPO was fully subscribed on Day 2, led by strong retail and NII demand. The ₹1.03-billion issue closes on July 16 and lists on July 21.

SBI Funds Management's ₹1.03-billion IPO achieved full subscription on Day 2, driven by robust retail and non-institutional investor interest.

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.

The SBI Funds Management IPO has garnered significant interest, with a subscription rate of 6.1 times by midday on July 16, reflecting robust investor enthusiasm.

SBI Funds Management's Rs 9,813 crore IPO saw 42 times subscription on its final day. Qualified institutional buyers led the strong demand, subscribing 140.11 times their…