SBI Life Insurance Company Limited

SBI Life Insurance Company Limited

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₹14,700(21 Shares)

Minimum Investment

IPO Dates

Sep 20, 2017 – Sep 22, 2017

Price Band

₹685–700 per equity share

Lot Size

21

Listing

Oct 3, 2017

Listing At

BSE, NSE

Sep 20, 2017Open DateCompleted
Sep 22, 2017Close DateCompleted
TBAAllotment DateUpcoming
Oct 3, 2017Listing DateCompleted

SBI Life Insurance Company Limited Live Subscription Details

All IPOs
Employee1.02x
QIB12.56x
Others0.38x
Retail0.81x
NIIs
0.70x

Overall Subscription

Total Bids Received

3.55x

SBI Life Insurance Company Limited IPO Issue Details

Issue Price
Rs 685 - Rs 700 (Rs 68 discount for eligible employees on offer price) Per Equity Share
Face Value
₹Rs 10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Oct 3, 2017

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)121₹14,700
Retail (Max)13273₹1,91,100
sHNI (Min)14294₹2,05,800
sHNI (Max)681,428₹9,99,600
bHNI (Min)691,449₹10,14,300

Company Information

Valuations

RoNW

18.56%

Objectives of the Issue

  1. 1Achieve the benefits of listing Equity Shares on the Stock Exchanges
  2. 2Carry out the sale of up to 120,000,000 Equity Shares by the Selling Shareholders

Contact Details

Frequently Asked Questions — SBI Life Insurance Company Limited IPO

The SBI Life Insurance Company Limited IPO price band is set at ₹685.00 to ₹700.00 per equity share.

The lot size for SBI Life Insurance Company Limited IPO is 21 shares per lot. The minimum investment amount is approximately ₹14,700.

The SBI Life Insurance Company Limited IPO opens on Sep 20, 2017 and closes on Sep 22, 2017.

SBI Life Insurance Company Limited IPO is expected to be listed on Oct 3, 2017 on BSE, NSE.

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