Bank India Investment IPO Retail
Synopsis 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. Mumbai: The ?9,813-crore Initial Public Offering (IPO) of SBI Funds Management was subscribed 2.77 times on Wednesday- the second day of subscription. The Qualified Institutional Buyer (QIB) portion was subscribed 1.5 times, Non-Institutional Investors (NII) portion…
News Timeline:
Track the development of this news story across the Internet.