Why Did SBI Funds Management IPO List at Just a 6.85% Premium Despite 34.16x Subscription?
SBI Funds Management Limited made a positive debut on the BSE and NSE, listing at ₹613.30 against its issue price of ₹574, delivering a 6.85% listing gain to IPO investors. The relatively modest listing gain stood in contrast to strong investor demand. The IPO was subscribed 34.16x overall, with the QIB portion receiving an exceptional 114.96x […]

