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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July 16, 2026 at 2:49 PM
SBI Funds Management IPO closes with 42x subscription, led by strong QIB demand; GMP signals healthy listing
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