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grey-market

SBI Funds IPO Priced Below Grey Market Value

SBI Funds Management priced its IPO at ₹545 to ₹574 per share, a significant discount to its unlisted grey market value. Investors who bought shares in the pre-IPO market may face mark-to-market losses when the issue opens on July 14, 2026.

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Tag

grey-market

SBI Funds' IPO price band deals a blow to grey market punters

SBI Funds Management priced its IPO at ₹545 to ₹574 per share, a significant discount to its unlisted grey market value. Investors who bought shares in the pre-IPO market may face mark-to-market losses when the issue opens on July 14, 2026.

2h ago · 3 min · Markets

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