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SBI Funds IPO subscribed 2.77 times on Day 2; NII segment leads demand

SBI Funds Management's IPO saw strong subscription interest on its second day. The Qualified Institutional Buyer portion was subscribed 1.5 times, while retail investors showed good engagement. Non-Institutional Investors showed significant interest, subscribing 6.58 times to their allocated portion. Shareholders of its parent company, State Bank of India, subscribed 3.98 times. This significant IPO, the largest of 2026, closes for bids on Thursday.

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Economic TimesLean R·3h ago
SBI Funds IPO subscribed 2.77 times on Day 2; NII segment leads demand
SBI Funds Management's IPO saw strong subscription interest on its second day. The Qualified Institutional Buyer portion was subscribed 1.5 times, while retail investors showed good engagement. Non-Institutional Investors showed significant interest, subscribing 6.58 times to their allocated portion. Shareholders of its parent company, State Bank of India, subscribed 3.98 times. This significant IPO, the largest of 2026, closes for bids on Thursday.
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SBI Funds IPO subscribed 2.77 times on Day 2; NII segment leads demand

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SBI Funds IPO subscribed 2.77 times on Day 2; NII segment leads demand

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