SBI Funds Management participated in its IPO anchor allocation, attracting investments from major global and domestic funds.

The entities involved

• Life Insurance Corporation of India →

  Indian state-owned insurance group and investment company

  • LIC, ADIA, and Dragoneer participated in an Indian IPO in Mumbai.05:45
  • Centre and LIC jointly plan to sell 60.72 percent stake in IDBI Bank, seeking Rs 50,000 crore via divestment.Thu 14:26
• Abu Dhabi Investment Authority →

  sovereign wealth fund

  • Abu Dhabi Investment Authority and Aditya Birla Sun Life Mutual Fund invested in an Indian IPO anchor book.06:37
  • Norges Bank Investment Management and Abu Dhabi Investment Authority are potential anchor book subscribers for an IPO.Mon 10:14
• BlackRock →

  American multinational investment management corporation

  • Workday Inc. is listed on the Nasdaq stock exchange, and BlackRock holds a large institutional stake in the company.13:45
  • Rioting in France is linked to a global debt crisis, causing major financial summit attendance to be canceled.13:10

Related events

• Norges Bank and BlackRock are potential anchor investors in Zetwerk's IPO, with SBI affiliated fund managers also being potential bidders.Oct 13
• Finance Minister Sitharaman discussed mobilizing long-term capital and capital flows into Indian assets during her visit to Singapore.Oct 12
• BlackRock manages the BlackRock MuniYield New York Quality Fund, Inc., which is required to file quarterly reports with the SEC.Jul 27