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The Economic Times
The Economic Times
Ritesh Presswala

SBI Funds Management IPO allotment likely today; GMP signals 17% listing premium. Here's how to check status

SBI Funds Management GMP IPO SBI BSE NSE AMC Amundi KFin Technologies State Bank of India

The allotment status for the SBI Funds Management IPO is expected to be finalised today, July 17, offering investors clarity on whether they have secured shares in the Rs 9,812.91 crore public issue. Applicants can check their allotment status online through the registrar, KFin Technologies, or the BSE, NSE website.

The IPO is scheduled to make its stock market debut on the BSE and NSE on July 21. The IPO is commanding a Grey Market Premium (GMP) of around Rs 97 per share, implying an estimated listing premium of nearly 17% over the upper issue price of Rs 574.

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