SBI Funds Management's IPO saw strong investor interest on Day 1, with overall subscription at 0.71 times. Retail and NII segments showed positive engagement, while QIB interest was lower. The IPO, valued at ₹9,812.91 crore, is an Offer for Sale with SBI and Amundi as main shareholders.
SBI Funds Management's IPO saw strong investor interest on Day 1, with overall subscription at 0.71 times. Retail and NII segments showed positive engagement, while QIB interest was lower. The IPO, valued at ₹9,812.91 crore, is an Offer for Sale with SBI and Amundi as main shareholders.
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