IPO

SBI Life Insurance Company Ltd IPO

Invest IPO

Don’t have an account? Signup Now!

Initial public offer of 120,000,000* equity shares of face value of Rs. 10 each (equity shares) of SBI Life Insurance Company Limited (the company) for cash at a price of Rs. 700 per equity share aggregating to Rs. 8386.4* Crores, through an offer for sale by State Bank of India and BNP Paribas Cardif s.a. (promoter selling shareholders) of 80,000,000* equity shares and 40,000,000* equity shares, respectively, aggregating to Rs. 5590.93* Crores and Rs. 2795.47* Crores, respectively (the offer). This offer includes a reservation of 2,000,000* equity shares (constituting 0.2%* of the post-offer paid-up share capital) for purchase by eligible employees at a discount of 9.71% (equivalent to Rs. 68) on the offer price (as defined in definition and abbreviations) aggregating to Rs. 126.4* Crores (the employee reservation portion) and a reservation of 12,000,000* equity shares (constituting 10%* of the offer) for purchase by state bank shareholders (as defined in definition and abbreviations) for cash at a price of Rs. 700 per equity share aggregating to Rs. 840* Crores (the state bank shareholders reservation portion). The offer constitutes 12%* of the post-offer paid-up share capital and the net offer constitutes 10.60%* of the post-offer paid-up share capital. The face value of the equity shares is Rs. 10 each. The offer price is Rs. 700 per equity share and is 70 times the face value of the equity shares. *subject to finalisation of the basis of allotment.

SBI Life Insurance Company Ltd IPO Subscription Details

Company

SBI Life Insurance Company Ltd

Issue Type

(Book Built Portion)

Open Date

20 Sep

Close Date

22 Sep

Offer Price

700.00

Looking for More IPOs?

Don’t have an account? Signup Now!

How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

SBI Life Insurance Company Ltd IPO Frequently Asked Questions

Read more IPO FAQs

Contact Details of SBI Life Insurance Company Ltd IPO

Company Contact Information

SBI Life Insurance Company Ltd IPO
Natraj M V Road Andheri(East),
Western Express Highway Juncti,
Mumbai, Maharashtra 400069.

Phone: 91-22-61910000
Email: investor@sbilife.co.in/aniket.karandikar@sbilife.c

SBI Life Insurance Company Ltd IPO Register

KFin Techologies Pvt Ltd

SBI Life Insurance Company Ltd IPO Lead Manager(s)

  • Axis Capital Ltd
  • BNP Paribas
  • Citigroup Global Markets India Pvt Ltd
  • Deutsche Equities India Pvt Ltd
  • ICICI Securities Ltd
  • JM Financial Institutional Securities Ltd
  • Kotak Mahindra Capital Company Ltd
  • SBI Capital Markets Ltd

Open FREE Demat Account Today & Invest in IPOs at 0% Brokerage & Flat Fee per order.

What More?

  • No DP Charges*
  • Zero AMC*
  • Account Opening in 5 mins
  • All-in-one account for various investments

Don’t have an account? Signup Now!