SBI Funds Management just raised Rs 2,663 crore via anchor book today. Its big Rs 9,813-crore IPO opens on July 14. You can read the full report on Moneycontrol IPO news.
The anchor round shows strong interest from big investors. So this is a hot deal right now. I feel it’s a smart move by SBI, you know.
Anchor Book Details and IPO Size
The anchor book pulled in Rs 2,663 crore before launch. That is a huge sum for one night.
The total IPO size is Rs 9,813 crore. It will open to public on July 14.
After using this for a while…
Anchor investors are big funds and banks. They buy early at a fixed price.
- Anchor amount: Rs 2,663 crore
- Total IPO: Rs 9,813 crore
- Opens: July 14
Think of it like a movie preview. Big fans book seats first, so others follow.
I think retail buyers may also see good demand. Actually, the name SBI helps a lot.
What This Means for Investors
You can apply when the IPO opens on July 14. The price band is not out yet.
SBI Funds runs mutual fund schemes for lakhs of people. It is a known brand.
I’ve noticed that…
If you invest, watch the market mood closely. IPOs can move fast, so be ready.
Here is a quick compare of the numbers:
| Part | Amount |
| Anchor book | Rs 2,663 crore |
| Full IPO | Rs 9,813 crore |
The SEBI site explains IPO rules for new buyers. See SEBI official website for help.
But remember, all IPOs carry some risk. So only invest what you can hold.
This news is fresh and trending today. The July 14 date is the one to mark.
Frequently Asked Questions
Q: How much did SBI Funds Management raise from anchor investors?
They raised Rs 2,663 crore through the anchor book. This is basically money from big institutional investors before the public IPO opens.
Q: When does the SBI Funds Management IPO actually open for regular folks?
The IPO opens on July 14 and is looking to raise around Rs 9,813 crore overall. So mark that date if you’re thinking of applying.
Q: Is this a big IPO compared to others?
Yeah, at nearly Rs 9,813 crore it’s a pretty sizeable one. The anchor raise of Rs 2,663 crore shows there’s solid interest from institutions already.