The allotment for the initial public offer (IPO) of SBI Life Insurance Company Ltd IPO is likely to be finalized on, Sep 28, 2017 . Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.
The SBI Life Insurance Company Ltd IPO was open for subscription between Sep 20, 2017 - Sep 22, 2017 at a price band in the range of Rs 685 - Rs 700 Per Equity Share (Rs 68 discount for eligible employees on offer price).
The SBI Life Insurance Company Ltd IPO's initial public offering received good responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 0.81 times, while non-institutional investors' quota received 0.70 times subscription. The qualified institutional buyers (QIBs) portion was booked 12.56 times. Overall, the IPO was subscribed 3.55 times.
You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the SBI Life Insurance Company Ltd IPO if you have applied for it.
Steps to Check SBI Life Insurance Company Ltd IPO Allotment Status on IPO Ji App/Website:
How to Check SBI Life Insurance Company Ltd IPO Allotment on BSE:
How to Check SBI Life Insurance Company Ltd IPO Allotment on NSE:
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.