SBI Funds Management lists at premium
Mumbai, July 21 -- The stock debuted at Rs 610, marking a premium of 6.27% to the issue price.
So far, the stock has hit a high of Rs 624.80 and a low of Rs 610. On the BSE, over 39.51 lakh shares of the company were traded in the counter so far.
The initial public offer of SBI Funds Management 5,18,95,47,350 received bids for shares as against 12,45,63,536 shares on offer. The issue was subscribed 41.66 times.
The issue opened for bidding on 14 July 2026 and it closed on 16 July 2026. The price band of the IPO was fixed between Rs 545 to Rs 574 per share.
The initial public offer comprised offer for sale of 17,09,56,631 equity shares, aggregating to Rs 9,299.55 crore at the lower price of Rs 545 and Rs 9,795.32 crore at the upper pri...
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