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SBI Funds Management IPO becomes India's fifth-largest by bid value, attracts Rs 2.98 lakh crore in bids

in5points
SBI Funds Management IPO attracted total bids worth Rs 2.98 lakh crore.
The issue size was Rs 9,813 crore.
Qualified Institutional Buyer portion was subscribed nearly 140 times.
It became India's fifth-largest IPO by bid value.
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