SBI Funds Management Ltd. is set for a strong IPO debut Tuesday after investors piled into its $1 billion offering, making it one of India’s most heavily subscribed billion-dollar share sales. The orderbook strength points to supportive demand heading into listing.
SBI Funds Management Ltd. is set for a strong IPO debut Tuesday after investors piled into its $1 billion offering, making it one of India’s most heavily subscribed billion-dollar share sales. The orderbook strength points to supportive demand heading into listing.
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mildly positive
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