SBI Life Insurance Company IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 8400.00 Cr. The company is based in Mumbai and caters to Insurance sector. Axis Capital , Bnp Paribas , Citigroup Global Markets India , Deutsche Equities India , Kotak Mahindra Capital Company , SBI Capital Markets are the merchant bankers of SBI Life Insurance Company IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th July 2017.
SBI Life Insurance Company IPO open date is 20th September 2017 and close date is 22nd September 2017. IPO Allotment Date is 27th September 2017 and Listing date is 3rd October 2017.SBI Life Insurance Company IPO size is ₹ 8400.00 Cr. with IPO price of ₹ 700.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the SBI Life Insurance Company IPO. Kfin Technologies Limited is the Registrar for SBI Life Insurance Company IPO.
SBI Life Insurance Company IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
SBI Life Insurance Company IPO, based in Mumbai, operates in the Insurance sector with a focus on Insurance. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. SBI Life Insurance Company IPO size is ₹ 8400.00 Cr. with fresh issue size of ₹ 8,400 and Offer for sale being ₹ Nil
The IPO allotment date for SBI Life Insurance Company IPO is expected to be 27th September 2017, after the finalization of basis of allotment. Investors can check SBI Life Insurance Company IPO allotment status on the registrars website, Kfin Technologies Limited . SBI Life Insurance Company IPO refund dates are 28th September 2017.
SBI Life Insurance Company IPO is expected to be listed on 3rd October 2017.
The upper price band for the SBI Life Insurance Company IPO is set at ₹ 700.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on SBI Life Insurance Company IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the SBI Life Insurance Company IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd September 2017. After submission, funds are blocked until the basis of allotment of SBI Life Insurance Company IPO is finalised.
The merchant banker for SBI Life Insurance Company IPO is Axis Capital Limited , Bnp Paribas , Citigroup Global Markets India Private Limited , Deutsche Equities India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited . Axis Capital Limited , Bnp Paribas , Citigroup Global Markets India Private Limited , Deutsche Equities India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the SBI Life Insurance Company IPO RHP for further details.
The registrar for SBI Life Insurance Company IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to SBI Life Insurance Company IPO through their official website or helpline.
SBI Life Insurance Company IPO was subscribed 3.55 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
SBI Life Insurance Company IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on SBI Life Insurance Company Financial Review Page
Merchant Banker(s) of SBI Life Insurance Company IPO: Axis Capital Limited , Bnp Paribas , Citigroup Global Markets India Private Limited , Deutsche Equities India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited
SBI Life Insurance Company IPO subscription was 3.55 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
SBI Life Insurance Company IPO listed at a listing price of 708.00 against the offer price of 700.00.
The current market price of SBI Life Insurance Company is 1788.40.
Why Us?