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VERIFIEDET Markets·neutral

History test! What last 12 billion-dollar IPO listing gains indicate about SBI MF's Rs 9,813 crore debut

AI Summary
  • ·SBI Funds Management's IPO is expected to list on Tuesday with an estimated 18% gain based on the grey market premium.
  • ·The IPO saw a blockbuster subscription, raising expectations for its market debut.
  • ·Past billion-dollar IPOs have shown mixed listing gains, with some like Eternal and ICICI Prudential AMC performing well, while others like LIC, Paytm, and Hyundai Motor India had weak debuts.
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