SBI Funds Management Ltd.’s planned initial public offering draws strong investor interest through its anchor book, which is reported to be subscribed more than 20 times ahead of the share sale. People familiar with the matter say that the anchor book includes participation from several major asset managers and institutional investors, including Capital Group, BlackRock, Fidelity Investments, and Goldman Sachs Asset Management, along with other investors mentioned by sources such as GIC and ADIA. The anchor book subscription indicates demand from these institutional categories before the broader public issue.
The IPO’s public subscription window is scheduled to open on July 14 and close on July 16. Trading is expected to begin on July 21, according to the reported timeline for the listing process. The sources do not provide the number of shares allocated through the anchor book, the price range, or final allotment details, but they collectively describe the high level of oversubscription and name participating investors. The reports focus on the anchor allocation and the timetable for subscription and expected market debut.
