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VERIFIEDET Markets·neutral
SBI Funds Management IPO: What portion is reserved for SBI's 38 lakh shareholders?
AI Summary
- ·SBI Funds Management's Rs 11,693-crore IPO has reserved up to 1.3 crore shares for eligible SBI shareholders.
- ·The reserved portion is valued at nearly Rs 750 crore.
- ·Over 38 lakh SBI shareholders are eligible to apply in the reserved category.