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SBI Funds Management IPO Allotment Live: Rs 9,813-crore IPO draws a stunning Rs 2.98 lakh crore in b
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SBI Funds Management IPO raised Rs 9,813 crore.
The IPO was subscribed 41.66 times, attracting bids worth Rs 2.98 lakh crore.
It became India's fifth-largest IPO by total bid value.
IPOs ahead of it include Reliance Power, LG Electronics India, Bajaj Housing Finance, and ICICI Prudential AMC.
Allotment is expected today, July 17.
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