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SBI Life Insurance Company

Description They are India leading private life insurer, in terms of New Business Premium generated in each fiscal year, since Fiscal 2010. We have also increased our 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 . Between Fiscal 2015 and Fiscal 2017, Their New Business Premium generated increased at a CAGR of 35.45%, which is the highest among the top five private life insurers in India .We were established as a joint venture between the State Bank and BNPPC in 2001. As of March 31, 2017, State Bank was India largest commercial bank in terms of deposits, advances and number of branches. Following its recent merger with certain of its associate banks and a non-affiliate bank, with effect from April 1, 2017, State Bank had 24,017 branches and 195 international offices in 36 countries and more than 420 million customers.. They have developed a multi-channel distribution network comprising an expansive bancassurance channel, including State Bank, the largest bancassurance partner in India, a large and productive individual agent network comprising 93,849 agents as of June 30, 2017, as well as other distribution channels including direct sales and sales through corporate agents, brokers, insurance marketing firms and other intermediaries. More »

Address Natraj M V Road Andheri(East),Western Express Highway Juncti , Mumbai, Maharashtra , India. Pincode : 400069


  • < 0.5X Under Subscribed
  • 0.5-2X Moderately Subscribed
  • >2XOver Subscribed


  • ‹ 2X Under Subscribed
  • 2-3X Moderately Subscribed
  • 2-10X Over Subscribed
  • ‹ 12x Heavily Subscribed


Retail Subscritption Poll Results

Total Subscritption Poll Results

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total
22-Sep-2017 12.5599 0.6963 0.8060 1.0219 3.5537
21-Sep-2017 1.5800 0.0800 0.3700 0.4500 0.58
20-Sep-2017 0.06 0.01 0.16 0.1800 0.09

Issue Terms

Issue price / Floor Price (Rs) 685-700
Application per share (Rs) 700.00
Minimum investment amount (Rs) 14,700.00
Minimum bid (no of shares) 21
Maximum Shares for Retail 273

Issue Date and Size

Issue opens 20-Sep-17
Issue closes 22-Sep-17
Listing on BSE,NSE
Issue size (Rs cr) 8220 - 8400
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
Axis Capital Ltd
Registrar Karvy Computershare Pvt Ltd

Shares on Offer

Shares on Offer Lakhs
Total shares offered N.A.
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.

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