SBI Funds Management IPO reaches full subscription on day two
The initial public offering (IPO) of SBI Funds Management saw full subscription by Wednesday, the second day of the bidding process. According to National Stock Exchange (NSE) figures at 10:48 am, the company received bids for 12.67 crore shares, surpassing the 12.45 crore shares initially made available. This public issue consists solely of an offer for sale, involving up to 17.09 crore shares valued at approximately ₹9,800 crore.
by shortkt.com✓