SBI Funds Management’s Rs. 9,813 crore IPO opened for subscription today after attracting strong participation from anchor investors, including global sovereign wealth funds and leading domestic institutions.
The IPO of Kusumgar has received encouraging investor participation, with healthy demand from retail investors, non-institutional investors and qualified institutional buyers.
India’s SME IPO segment continues witnessing robust activity as several small and medium-sized enterprises successfully access the capital markets. Strong retail participation and increasing investor awareness have supported healthy subscription levels across multiple SME offerings.
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