The much-awaited SBI Funds Management IPO opened for public subscription on July 14 and will remain open until July 16. The ₹9,813-crore public issue is entirely an Offer for Sale (OFS), with shares scheduled to be listed on the BSE and NSE on July 21.
The Nifty 50 ended last week on a positive note, closing above its recent trading range despite witnessing sharp profit booking in the final hour of Friday's session.
