SBI Funds Management's IPO fetched a premium of 90 in the gray market

SBI Funds Management Rs. 11693 crore IPO coming up, which has become active in the gray market. SBI Funds Management Rs. 11693 crore IPO coming up, which has become active in the gray market. Given the gray market trends, around Rs. 644 suggests a potential listing price, about a 13 percent premium over the upper price band. Company Rs. 574 fixed issue price. Premium of SBI Funds Management in gray market is Rs. The price of 90 to 94 is being discussed. While Big HNI Rs. 7000, Small HNI Rs. 1800 and for retail investors Rs. 1000 is quoted. While the premium price of subject two is Rs. 56 is being called.

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