SBI Life Insurance Company Ltd IPO Message Board (Page 42)

Sbi Life given a discount of RS. 68 per share to his eligible employee . State Bank of India inform about it to exchange.

WHICH PRICE AND WHAT MINIMUM QUANTITY SBI EMPLOYEES GETS SIR ?

How many lots a single employee of sbi bank will get?

Will employee of sbi bank get employees shares in SBI LIFE IPO?

Yes. Also they get. A discount of RS 68. Per share.

sbi ka kostak sell karna he 1000RS
2aap

ICICI KOMBARD AUR SBI KA KOSTAK AHMEDABA ME KYA HE.

**SBI Life IPO**
Sabse
Bad
Investment of
Life!!!!

***It will loot u n koot u****

& IMO GMP will gradually disappear by listing date

Ji..wats ur view on icici lombard ipo?
At wat price one can exit apex frozen foods?

Gmp 90-100 .....kosak 1400 rs

paji 13 application lga dine aa 1000 dva dao tusi...

i qant to give kaustak paaji... i have 40 applications... if you are interested?

I have money shortage
Which one can I prefer
SBI LIFE
ICICI
CAPACITE INFRA
I HAVE ONLY 200000
Pls any one suggest me with explanation

Better prefer capacit Infra as both icici and SBI may give MAXIMUM 20 %listing gain but Capacit''Infra definitely give MINIMUM 30 % listing gain.

20% listing gains on SBI... That''s hilarious.

Kostak/Premium have been decreasing by each passing day... Seems like it''s going the ICICI way :D

Retail discount of 5% should be there
all govt companies announce retail discount

there is no discount for retail investors

http://www.bseindia.com/xml-data/corpfiling/AttachLive/8da27f77-182c-4714-b9ab-7be8edcc2f5a.pdf

it would offer shares at a discount of Rs 68 per share for all eligible employees.

Not for retail, very bad

Hi Members,

I am learning to create intrinsic value based on the DCF method. The following is the DCF analysis for SBI life IPO. For the initial cash flow I am considering the 3 years average PAT. I am only getting the Intrinsic value as ~198 but the actual price is set around 700. Can any senior board member check if what I am doing is correct or the price is set very high for this IPO.

                        
Initial Cash Flow:      $8,711,000,000                   
                        
Years:      1-5      6-10            
Growth Rate:      15%      10%            
                        
Terminal Growth Rate:      3%            Discount Rate:      12%
                        
Shares Outstanding:      1,000,000,000             Margin of Safety:      25%
Debt Level:                        
                        
Year      Flows      Growth      Value      
1      10,017,650,000       15%      $8,944,330,357       
2      11,520,297,500       15%      $9,183,910,635       
3      13,248,342,125       15%      $9,429,908,241       
4      15,235,593,444       15%      $9,682,495,069       
5      17,520,932,460       15%      $9,941,847,615       
6      19,273,025,706       10%      $9,764,314,622       
7      21,200,328,277       10%      $9,589,951,861       
8      23,320,361,105       10%      $9,418,702,721       
9      25,652,397,215       10%      $9,250,511,601       
10      28,217,636,937       10%      $9,085,323,893       
                        
                        
Terminal Year      $29,064,166,045                   
                        
PV of Year 1-10 Cash Flows:                  $94,291,296,614       
                        
Terminal Value:                  $103,976,484,558       
                        
Total PV of Cash Flows:                  $198,267,781,172       
                        
Number of Shares:                  1,000,000,000       
                        
Intrinsic Value (IV):                  $198.27       
                        
Margin of Safety IV:                  $148.70       
                        
What Percentage of IV comes from                   52%      
the Terminal Value:                        

One question Why did you considered PAT as initial cash flow, instead of Free Cash Flow?

Icici prudential had PAT of rs 16000 Mn in a revenue of about 18000 Mn.
SBI Life has PAT of 9000 Mn in a revenue of about 3, 00, 000 Mn rs.

Anybody has any idea how there can be such a big difference in margins in peer companies?

Figures r wrongly posted in chittorgarh site.
Read RHP
Revenue is 12000 millions approx as per RHP

Apply with full force gmp 85-90 kosak 1200

ssa paji,nice to see u after long time,dixon nd capacite both applied frm 13 applications,bt nt sure abt big boys till now,pls let me know if u have kostak buyers for SBI nd ICICI

Icici no kosak from my broker .... sbi hm finance kosak 1200 for our trusted clients......I am also surprised with this rate...He is genious with his gmp and kosak buying .....lets hope he knows something that we dont .....happy investing...

alok marwadi Sep 13, 2017 9:47:03 AM IST I Like It. 2 | Report Abuse Reply
in our article above on sbi life in co financial net profit are wrong and they are actually reserves and surpluses. PLEASE CORRECT AS WRONG FIGURES ARE MAKING PE RATIO 5 TIMES ATTRACTIVE FROM VERY HIGH 70 ODD TO VERY ATTRACIVE 16.THANK YOU.
avatar
68.1. juju Sep 13, 2017 5:36:23 PM IST I Like It. | Report Abuse
Dear Moderator
Please correct the mistake shown in Summary of financial information
as stated above

Thank you for letting us know. We have corrected the data now.

35% reserved for Retail, if size is 8400 cr then with 12 cr shares on OFS price band comes to around Rs. 700, which makes PE of 73.3 (FY17), NAV Rs. 55.52
It''s listed peer
ICICI Pru PE ~50, NAV Rs. 44.63

Let''s see what official price band comes out to be.

Yes RKB
it seems to be very expensive for a 10-15% grower to ask for such sky high valuation.
Though there is some GMP but I will skip this issue as well
and probably will not buy later also

ICICI Lombard- I will skip IPO, but will buy later
Capacite- Applying full force and will add on more on listing
SBI Life- I will skip IPO and not buy later as well

Ghatol , It seems you used wrong data as given in Chittorgarh SBI Life IPO page, they have mistakenly put reserves and surplus in Profit after tax column

PE of icici pru is 36.4

SBI Life Insurance Basic & Diluted EPS

2017 - 9.55 so PE @73.3
2016 - 8.44
2015 - 8.15

icici pur''s eps is 11.75 approx trading at 427 (PE 36.4) available at half PE of SBI''s offer .
Why should one invest in it at any price above 300

in our article above on sbi life in co financial net profit are wrong and they are actually reserves and surpluses. PLEASE CORRECT AS WRONG FIGURES ARE MAKING PE RATIO 5 TIMES ATTRACTIVE FROM VERY HIGH 70 ODD TO VERY ATTRACIVE 16.THANK YOU.

Dear Moderator
Please correct the mistake shown in Summary of financial information
as stated above

What is latest grey market premium
In ICICI and sbi

Please share link of RHP

i have only 5 share of sbi bank in my account can i apply 2 different application in this demat account?how can we know about different application about sbi share holder?what is record date of sbi share in demat account?

I have only 1 share... Yes you can apply as share holder if you had the share in your account on 11/9/17