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India's largest asset management firm makes a muted market debut after a $1 billion IPO

CNBC

BusinessCNBC·Jul 21, 2026·1 min read

India's largest asset management firm makes a muted market debut after a $1 billion IPO

SBI Funds Management, whose billion-dollar IPO garnered bids worth $31 billion, made a subdued debut with shares listing at a 7% premium.

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