Economic TimesLean R·
SBI Funds Management IPO: Rs 9,813 cr issue gets fully subscribed on Day 2; GMP signals 16% listing gain
The SBI Funds Management IPO is experiencing robust demand on its second day of bidding. Non-institutional investors have subscribed over two times their allocated portion. The Grey Market Premium suggests a potential listing price of around Rs 662 per share. This public issue will remain open for subscription until July 16. The company has fixed its price band between Rs 545 and Rs 574.
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