StartupsET Techabout 2 hours ago
SBI Funds debuts 6.3% above IPO price
2 min read
SBI Funds Management, India's largest mutual fund, debuted on the NSE at ₹613.30, a 6.85% premium over its ₹574 IPO price. The stock closed at ₹610.15, up 6.30%, with a market cap of ₹1.24 lakh crore. The joint venture between State Bank of India and Amundi raised ₹9,813 crore.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
