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The Economic Times
The Economic Times
Ritesh Presswala

SBI Funds Management shares list at 7% premium over IPO price on NSE

GMP SBI Funds Management SBI IPO AMC Amundi India State Bank of India

SBI Funds Management shares made their D-Street debut on Tuesday, listing at a 7% premium to the IPO price. The stock opened at Rs 610 on the BSE, up 6.27% over the issue price of Rs 574. On the NSE, it debuted at Rs 613.30, up 6.85% over the offer price.

The Rs 9,813 crore IPO had attracted strong investor interest, with the grey market signalling a stronger debut.

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