SBI Funds Management, India's largest asset management company, opened its Rs 9,813 crore IPO for subscription on Tuesday. The issue, which will remain open for bidding till July 16, offers shares in the price band of Rs 545-574 apiece. Investors can bid for a minimum of 26 shares and in multiples thereafter, requiring an investment of Rs 14,924 at the upper band.
The company's shares are proposed to be listed on the BSE and NSE.