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SBI Funds Management IPO Subscribed Over 3 Times On Final Day; GMP Signals 16% Listing Gain

SBI Funds Management’s Rs 9,813-crore IPO received strong investor demand on the final bidding day, with the issue subscribed 3.3 times by July 16 morning. Non-institutional investors led the subscription, while grey market trends indicated a possible 16% lis…

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SBI Funds Management IPO Subscribed Over 3 Times On Final Day; GMP Signals 16% Listing Gain

SBI Funds Management’s Rs 9,813-crore IPO received strong investor demand on the final bidding day, with the issue subscribed 3.3 times by July 16 morning. Non-institutional investors led the subscription, while grey market trends indicated a possible 16% lis…

The initial public offering (IPO) of SBI Funds Management continued to attract strong investor interest on its final day of subscription, with the Rs 9,813-crore issue receiving bids worth over three…

Originally published by Free Press Journal. Read the full article →

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