in5points
FinanceMoneycontrol

SBI Funds Management IPO opens; GMP at 18%

in5points
  1. SBI Funds Management IPO opens for subscription with a Rs 9,813-crore issue.

  2. The public issue remains open until July 16.

  3. Grey market premium stands at Rs 100 per share, implying an 18% listing gain over the price band upper end.

  4. Interest from the grey market persists despite a slow start to the subscription.

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Mostly straight facts, with a light government- or market-friendly tilt.

About how the story is framed, not whether the facts are true.

Moneycontrol

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Who owns this?

Mukesh Ambani

Network18

Reliance Industries (Mukesh Ambani)

Wikipedia: Mukesh Ambani