SBI Funds raises Rs 2,663 crore from anchor investors ahead of IPO

SBI Funds Management has raised nearly ₹2,663 crore from 129 anchor investors ahead of the opening of its ₹9,813 crore initial public offering (IPO) on July 14.

By ET Bureau | Jul 14, 2026, 06.07 AM IST

The company allotted 4.63 crore shares at upper price band of ₹574 apiece to these institutional investors

SBI Funds Management has raised nearly ₹2,663 crore from 129 anchor investors ahead of the opening of its ₹9,813 crore initial public offering (IPO) on July 14. The company allotted 4.63 crore shares at upper price band of ₹574 apiece to these institutional investors

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