SBI Funds Management Ltd. shares rose 8. 5% in their Mumbai debut Tuesday after investors piled into the company’s $1 billion initial public offering, making it one of India’s most heavily subscribed billion-dollar share sales.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-21/sbi-funds-poised-for-strong-india-debut-after-1-billion-ipo)