HighPositive
Announced Tue, 21 Jul · 08:45 IST
SBI Funds Management Listing Live Updates: SBI Funds shares to list today on NSE, BSE. Check listing price expectations
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
SBI Funds Management is set to list on NSE and BSE today at 10:00 AM following an overwhelming response to its Rs 9,795.31-crore IPO, which was subscribed 41.66 times led by qualified institutional buyers. The grey market premium stands at about Rs 97, indicating an expected listing price of around Rs 671, a premium of about 17 percent over the issue price. India's largest mutual fund asset manager by quarterly average assets under management, the company is backed by State Bank of India and Amundi and serves investors through over one lakh distributors nationwide.