Thursday, 16 July 2026 · World
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EUROS The World Financial Report
Nº 5 Thursday, 16 July 2026 · World Edition
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SBI Funds Management IPO closes with 42x subscription, led by strong QIB demand; GMP signals healthy listing

mint - markets · 1h ago · 🇮🇳 India
SBI Funds Management IPO closes with 42x subscription, led by strong QIB demand; GMP signals healthy listing

SBI Funds Management's IPO received strong demand, oversubscribed over 41 times with bids for 519 crore shares. The price band is set at ₹545- ₹575 per share, with a potential listing price of ₹669, reflecting a 16.55% premium.

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