Anchor investors commit ₹2,663 cr to SBI Funds IPO
after close1 source ↓written by the desknot a recommendation
- Management has secured
- ₹2,663 crore
- ahead
- 129 anchor investors
- ahead
- ₹9,813-crore IPO
- was priced
- ₹574 per share
- for subscription
- 14 July to 16 July
SBI Funds Management has secured ₹2,663 crore from 129 anchor investors ahead of its ₹9,813-crore IPO. The allocation was priced at ₹574 per share, reflecting strong demand despite market uncertainties. The public issue opens for subscription from 14 July to 16 July.
Key investors include the Government of Singapore, Abu Dhabi Investment Authority, and major domestic mutual funds, indicating robust institutional interest.
Not investment advice. For informational purposes only.