SBI Funds IPO anchor book draws Capital Group, BlackRock, Goldman, GIC

SBI Funds Management's IPO anchor book attracted marquee global investors including Capital Group, BlackRock, Goldman Sachs, GIC, Abu Dhabi Investment Authority and Norges Bank. Bankers plan to allocate about 51 million shares to anchor investors at 574 rupees apiece, the top end of the price band, raising about 29.44 billion rupees ($309 million). The public issue opens July 14-16 with shares expected to list on July 21, marking India's first billion-dollar IPO this year and a key test of investor appetite ahead of a crowded pipeline.