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Ketan Mittal (SEBI RA)

9th Jul · SEBI-Registered Analyst

SBI Fund Management IPO

The SBI Funds Management Limited IPO price band has been fixed in the range of ₹545 to ₹574 per equity share of the face value of Re 1. The SBI Funds Management IPO date of subscription is scheduled for Tuesday, 14 July and will close on Thursday, 16 July. The allocation to anchor investors for the SBI Funds Management IPO is scheduled to take place on Monday, 13 July. The SBI Funds Management IPO lot size is 26 equity shares and in multiples of 26 equity shares thereafter. SBI Funds Management IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. A discount of ₹54 per equity share is being offered to the eligible employees.

#MacroViews#Miscellaneous#PsychologyofMoney#EquityResearch#PersonalFinance
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