SBI Funds Management sets ₹545-574 price range for ₹11,426-crore IPO

SBI Funds Management has set its share price range between ₹545 and ₹574 for its initial public offering, which aims to raise ₹11,426.4 crore. The subscription window for the IPO is scheduled to open on July 14 and conclude on July 16, while anchor investors can begin bidding on July 13. Based on the top end of the price band, the company's market valuation is projected to reach approximately ₹1.17 lakh crore following its stock market debut.

by shortkt.com
4 hours ago
SBI Funds Management sets ₹545-574 price range for ₹11,426-crore IPO | ShortKT