Business

Indian Asset Management Firm Debut After IPO

Updated 2026-07-21 07:10 UTC 1 source Positive

SBI Funds Management made its market debut after a successful $1 billion Initial Public Offering (IPO). The firm's shares listed at a 7% premium, reflecting strong investor interest.

Coverage timeline — 1 article

CNBC

India's largest asset management firm makes a muted market debut after a $1 billion IPO

SBI Funds Management, whose billion-dollar IPO garnered bids worth $31 billion, made a subdued debut with shares listing at a 7% premium.

2026-07-21 06:51 UTC