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First reported by thehindubusinessline.com
SBI Funds Management IPO subscribed 0.55 times so far on Day 1; NIIs lead demand

SBI Funds Management IPO by the numbers: 25 facts every investor should know before the issue closes

On its second day of subscription, the IPO was subscribed 2.77 times by 4:51 pm on July 15, driven by strong demand from Non-Institutional Investors (NIIs), whose quota was subscribed 6.58 times. The…

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