SBI Funds Management listing makes some employees crorepatis; stock debuts at 7% premium to IPO price

SBI Funds Management stock listing: Years of employee stock ownership at SBI Funds Management is poised to generate multi-crore wealth for several executives as the country's largest asset management company enters the stock market. Based on the IPO issue price of Rs 574 per share, 13 employees own equity stakes valued at more than Rs 1 crore.

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