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India
Yìndù
印度
SBI Funds Management
SBI Jījīn Guǎnlǐ
SBI基金管理
initial public offering (IPO)
IPO
IPO
oversubscribed
chāo é rèngòu
超额认购
exceeding / more than
yú
逾
41 times
sìshí yī bèi
四十一倍
,
total subscription amount
zǒng rèngòu é
总认购额
approximately
yuē
约
$31 billion
310 yì měiyuán
310亿美元
。

State Bank of India
Yìndù Guójiā Yínháng
印度国家银行
under / affiliated with
qí xià
旗下
SBI Funds Management
SBI Jījīn Guǎnlǐ
SBI基金管理
to complete
wánchéng
完成
this year
jīnnián
今年
India
Yìndù
印度
largest-scale
guīmó zuìdà
规模最大
(possessive particle)
de
的
IPO
IPO
IPO
,
in total
gòng
共
to attract
xīyǐn
吸引
approximately
yuē
约
$31 billion
310 yì měiyuán
310亿美元
in subscription bids
rèngòu
认购
。
institutional
jīgòu
机构
investor
tóuzī zhě
投资者
subscription
rèngòu
认购
portion
bùfen
部分
oversubscribed
chāo é rèngòu
超额认购
as high as / up to
gāodá
高达
140 times
yī bǎi sìshí bèi
一百四十倍
,
stock / share
gǔpiào
股票
expected
yùjì
预计
July 21
qīyuè èrshí yī rì
七月二十一日
to begin trading / to list
shàngshì
上市
。

July 17, 2026 at 12:00 PM

India
Yìndù
印度
this year
jīnnián
今年
largest-scale
guīmó zuìdà
规模最大
(possessive particle)
de
的
initial
shǒucì
首次
public offering / IPO
gōngkāi mùgǔ
公开募股
by
yóu
由
SBI Funds Management
SBI Jījīn Guǎnlǐ
SBI基金管理
to complete
wánchéng
完成
。
this time
cǐ cì
此次
IPO
IPO
IPO
in total
gòng
共
to attract
xīyǐn
吸引
approximately
yuē
约
$31 billion
310 yì měiyuán
310亿美元
(possessive particle)
de
的
subscription
rèngòu
认购
application / bid
shēnqǐng
申请
。
overall
zhěngtǐ
整体
oversubscription
chāo é rèngòu
超额认购
reached
dá
达
41.6 times
sìshí yī diǎn liù bèi
四十一点六倍
,
institutional
jīgòu
机构
investor
tóuzī zhě
投资者
subscription
rèngòu
认购
portion
bùfen
部分
even
gèng
更
oversubscribed
chāo é
超额
140 times
yī bǎi sìshí bèi
一百四十倍
。
this time
běn cì
本次
fundraising
mùzī
募资
scale
guīmó
规模
is / amounts to
wèi
为
97.9 billion rupees
979 yì lúbǐ
九百七十九亿卢比
,
approximately equivalent to
yuē hé
约合
$1 billion
shí yì měiyuán
十亿美元
。
SBI Funds Management
SBI Jījīn Guǎnlǐ
SBI基金管理
is
shì
是
State Bank of India
Yìndù Guójiā Yínháng
印度国家银行
under / affiliated with
qí xià
旗下
(possessive particle)
de
的
asset management
zīchǎn guǎnlǐ
资产管理
company
gōngsī
公司
。
company
gōngsī
公司
stock / share
gǔpiào
股票
expected
yùjì
预计
will
jiāng
将
on (formal)
yú
于
July 21
qīyuè èrshí yī rì
七月二十一日
at
zài
在
Mumbai
Mèngmǎi
孟买
stock exchange
zhèngquàn jiāoyì suǒ
证券交易所
formally / officially
zhèngshì
正式
to list / to begin trading
shàngshì
上市
。
analyst
fēnxī shī
分析师
stated
biǎoshì
表示
,
this
cǐ cì
此次
IPO
IPO
IPO
(possessive particle)
de
的
success
chénggōng
成功
to reflect
fǎnyìng
反映
(completion particle)
le
了
international
guójì
国际
institutional
jīgòu
机构
investor
tóuzī zhě
投资者
toward / in
duì
对
India
Yìndù
印度
capital market
zīběn shìchǎng
资本市场
(possessive particle)
de
的
sustained
chíxù
持续
confidence
xìnxīn
信心
。

News in English

Business

India SBI Funds Management IPO Oversubscribed 41 Times Drawing $31 Billion in Bids

State Bank of India affiliate SBI Funds Management completed India largest IPO of the year, drawing about $31 billion in bids. The institutional investor tranche was oversubscribed 140 times.

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