SBI Life Insurance Company Ltd IPO
SBI Life Insurance Company Ltd IPO is priced at ₹685–₹700 per share with an issue size of 12,00,00,000 Equity Shares of Rs 10 aggregating up to Rs 8400 Cr . The IPO opens on Sep 20, 2017 and closes on Sep 22, 2017, with a lot size of 21 shares and a minimum investment of ₹14,700.
SBI Life Insurance Company Ltd IPO
- IPO Dates
- Sep 20, 2017 – Sep 22, 2017
- Price band
- ₹685 - 700 per equity share
- Minimum Investment
- ₹14,700
- Issue size
- 12,00,00,000 Equity Shares of Rs 10 aggregating up to Rs 8400 Cr
- Lot size
- 21
- Allotment Date
- Sep 28, 2017
- Listing
- Oct 3, 2017
- Listing At
- BSE, NSE
IPO timeline
-
Sep 20, 2017
Open Date
Completed
-
Sep 22, 2017
Close Date
Completed
-
Sep 28, 2017
Allotment Date
Completed
-
Oct 3, 2017
Listing Date
Completed
SBI Life Insurance Company Ltd IPO Essentials
SBI Life Insurance Company Ltd IPO Details
SBI Life Insurance Company Ltd IPO is priced at ₹685 - 700 per share with a total issue size of 12,00,00,000 Equity Shares of Rs 10 aggregating up to Rs 8400 Cr . The IPO has a lot size of 21 shares and will be listed on BSE and NSE.
- Issue price
- Rs 685 - Rs 700 Per Equity Share (Rs 68 discount for eligible employees on offer price)
- Lot size
- 21 shares
- Face value
- Rs 10 Per Equity Share
- Issue size
- 12,00,00,000 Equity Shares of Rs 10 aggregating up to Rs 8400 Cr
- Listing at
- BSE, NSE
- List price
- Listing date
- Registrar
- Karvy Computershare Private Limited
- Lead manager
-
Axis Capital Limited, BNP Paribas, Citigroup Global Markets India Private Limited, Deutsche Equities India Private Limited, ICICI Securities Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited
SBI Life Insurance Company Ltd IPO Details
- Retail Portion N/A
SBI Life Insurance Company Ltd IPO Analytics
SBI Life Insurance Company Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
SBI Life Insurance Company Ltd IPO Subscription Status
SBI Life Insurance Company Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 21,200,000 |
15,900,000
|
37,100,000 | 88,200,000 |
|
Day 1
20-09-17
|
0.06 x |
0.01x
|
0.16 x | 0.09 x |
|
Day 2
21-09-17
|
1.58 x |
0.08x
|
0.37 x | 0.57 x |
|
Day 3
22-09-17
|
12.56 x |
0.70x
|
0.81 x | 3.55 x |
SBI Life Insurance Company Ltd Valuations
Earnings
- EPS (Post IPO)
- Rs 9.55
- P/E Ratio
- 73
Returns
- RoNW
- 18.56%
SBI Life Insurance Company Ltd Company & Offer Insights
SBI Life Insurance Company Ltd IPO Issue Objectives
- •
- Achieve the benefits of listing Equity Shares on the Stock Exchanges
- •
- Carry out the sale of up to 120,000,000 Equity Shares by the Selling Shareholders
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
SBI Life Insurance Company Ltd IPO is a book-built IPO worth ₹12,00,00,000 Equity Shares of Rs 10 aggregating up to Rs 8400 Cr. The price band is ₹685–₹700 per share. The IPO opens on Sep 20, 2017 and closes on Sep 22, 2017. It will be listed on BSE and NSE. Karvy Computershare Private Limited is the registrar.
The price band of SBI Life Insurance Company Ltd IPO is ₹685 to ₹700 per share.
The lot size of SBI Life Insurance Company Ltd IPO is 21 shares.
The minimum investment for SBI Life Insurance Company Ltd IPO is approximately ₹14,700 based on the upper price band .
SBI Life Insurance Company Ltd IPO opens on Sep 20, 2017 and closes on Sep 22, 2017.
The allotment date of SBI Life Insurance Company Ltd IPO is Sep 28, 2017.
SBI Life Insurance Company Ltd IPO is expected to be listed on Oct 3, 2017, on BSE and NSE .
SBI Life Insurance Company Ltd IPO valuation snapshot: P/E 73, EPS Rs 9.55, P/B N/A, RoNW 18.56%, and market cap N/A.
To apply for SBI Life Insurance Company Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of SBI Life Insurance Company Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for SBI Life Insurance Company Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check SBI Life Insurance Company Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SBI Life Insurance Company Ltd IPO allotment status on IPO Ji for quick and easy access.