India’s biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy
Signage for SBI Funds Management Ltd. at a news conference in Mumbai, India, on Thursday, July 9, 2026. Bloomberg | Bloomberg | Getty Images India’s biggest public market offering this year, SBI Fund Management, has garnered bids worth 2.97 trillion rupees ($30.7 billion), underscoring the liquidity available in the market ahead of the much larger…