SBI Funds Management IPO Sees Full Subscription on Second Day
Rediff·2026-07-15 15:07
The initial public offer of SBI Funds Management Ltd has achieved full subscription on its second day of bidding, attracting significant investor interest and setting the stage for its market debut.Photograph: Francis Mascarenhas/ReutersKey PointsThe SBI Funds Management Ltd IPO was fully subscribed on its second day, receiving bids for 1.17 times the shares on offer.Non-institutional investors showed significant interest, subscribing 2.65 times their allocated quota.The company previously raised Rs 2,663 c ...