SBI Funds lists 7% above IPO price after $31 billion in bids
Why it matters: The muted debut tempers hopes for upcoming mega Indian listings including Jio Platforms and the NSE.
Why it matters: The muted debut tempers hopes for upcoming mega Indian listings including Jio Platforms and the NSE.
What’s next: The share sale still needs regulatory clearance, and a planned Jio listing could make up nearly a third of last year’s IPO haul.