Industry Reports

SBI Funds Management IPO Day 1: Issue booked 34% so far. GMP hints 17% listing pop. Apply or not?

Tuesday, July 14, 2026 - 13:53
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SBI Funds Management IPO Day 1: Issue booked 34% so far. GMP hints 17% listing pop. Apply or not?
SBI Funds Management's ₹9,795-crore IPO opened on 14 July and will close on 16 July, with shares priced between ₹545-574. The company raised ₹2,663 crore from anchor investors, reserving 50% for QIBs and offering a discount to employees.

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