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  • BSE SENSEX
    1. 1443442
    2. -965.56
    3. 1443 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • Last Update:09 Nov,2017
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  • YEN TO IND
    1. 1443442
    2. -965.56
    3. 1443 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • Last Update:09 Nov,2017
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SBI Life Insurance April 10, 2015 (12:00)

Issue Period
Sep 20 , 2017 - Sep 22, 2017

Price Band
Rs.685 – Rs.700 per Equity Share

It is India’s leading private life insurer, in terms of New Business Premium generated in each fiscal year, since Fiscal2010. It was established as a joint venture between the State Bank and BNPPC in 2001.

It has increased market share of New Business Premium generated among private life insurers in India, from 15.87% in Fiscal 2015 to 20.04% in Fiscal 2017 (Source: CRISIL Report). Between Fiscal 2015 and Fiscal 2017, New Business Premium generated increased at a CAGR of 35.45%, which is the highest among the top five private life insurers (in terms of total premium in Fiscal 2017) in India.

SBI Life Insurance Company Limited IPO - Issue Details:

Issuer SBI Life Insurance Company Limited. (View Report)
Issue Type 100% Book Built Issue IPO
Issue Period Issue Opens: Sep 20, 2017
Issue Closes: Sep 22, 2017
Price Brand Rs.685 – Rs.700 per Equity Share
Issue Size(Rs.) Offer for sale of 12,00,00,000 equity shares of Rs. 10 each amounting to Rs.8,206 Cr* – Rs.8,386 Cr^
Face Value Rs.10 per Equity Share
Minimum Order Quantity Retail: 21 Shares and in multiples thereof
QIB* 50% of the issue size (5,30,00,000Equity Shares^) (Rs.3,631 Cr* -Rs.3,710 Cr^)
NIB 15% of the issue size(1,59,00,000Equity Shares^) (Rs.1,089 Cr* -Rs.1,113 Cr^)
Retail Individual Bidders 35% of the issue size (3,71,00,000 Equity Shares^)(Rs.2,541 Cr* -Rs.2,597 Cr^)
Registrar Karvy Computershare Pvt Ltd
Listing NSE & BSE
Book Running Lead Managers Axis Capital, ICICI Securities, JM Financial, Citi, Kotak, BNP Paribas, Deutsch, SBI Capital Markets

Objects of the IPO:

  • The objects of the Offer are to achieve the benefits of listing Equity Shares on the Stock Exchanges and to carry out the sale of up to 12,00,00,000 Equity Shares by the Selling Shareholders.
  • General corporate purposes

Key Strategies:

  • Capitalize on insurance industry growth opportunities
  • Ensure profitable growth through balanced product portfolio and expansive distribution network
  • Enhance brand equity and continue to focus on customer satisfaction
  • Leverage technology to improve operating efficiencies and support growth

Public issue of 12,00,00,000 equity sharesof Rs. 10/-each (“equity shares”) of SBI Life Insurance Company Ltd (Company or Issuer).


  • News

    • +MARKET COMMENTARY
      1. Market drifts higher in early trade
      2. Market may open on a flat note
      3. Select shares in spotlight on MSCI index rejig
      4. Market tumbles on broad-based selling pressure
      5. Market drops sharply ahead of Q2 GDP data
    • +CORPORATE ANNOUNCEMENTS
      1. Market drifts higher in early trade
      2. Market may open on a flat note
      3. Select shares in spotlight on MSCI index rejig
      4. Market tumbles on broad-based selling pressure
      5. Market drops sharply ahead of Q2 GDP data
    • +OTHER NEWS
      1. Market drifts higher in early trade
      2. Market may open on a flat note
      3. Select shares in spotlight on MSCI index rejig
      4. Market tumbles on broad-based selling pressure
      5. Market drops sharply ahead of Q2 GDP data
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