Economic TimesLean R·
History test! What last 12 billion-dollar IPO listing gains indicate about SBI Funds' Rs 9,813 crore debut
SBI Funds Management is set to debut on the stock market on Tuesday, with an estimated 18% listing gain based on the current grey market premium. While its blockbuster subscription has raised expectations, history shows billion-dollar IPOs have delivered mixed outcomes. Winners like Eternal and ICICI Prudential AMC contrast with weak debuts by LIC, Paytm and Hyundai Motor India.
Read at Economic Times →
