SBI Life Insurance Company Ltd IPO (SBI Life Insurance IPO) Detail

Sep 20, 2017 - Sep 22, 2017

Incorporated in 2000, SBI Life Insurance Company Limited is India based private life insurer. SBI Life Insurance is a joint venture between the State Bank and BNPPC. State Bank is India's largest commercial bank. BNPPC, an insurance subsidiary of BNP Paribas, with operations across 36 jurisdictions internationally, is among the leading credit life insurance businesses globally. BNP Paribas is in top 10 global financial institution in terms of revenue.
SBI Life has product a portfolio of 37 individual and group products, including a range of protection and savings products to address the insurance needs of diverse customer segments.

Company has developed a multi-channel distribution network comprising bank branches of SBI and its associated banks, individual agent network (93,849 agents) and other distribution channels including direct sales and sales through corporate agents, brokers, insurance marketing firms and other intermediaries.

SBI Life turned profitable within the first five years of our operations, and have declared dividends every year since 2012.

Competitive Strengths

1. Largest private life insurer in India since 2010.
2. Backed by SBI and BNPPC
3. Vast multi-channel distribution with pan-India presence (Branches, Agents and Online)
4. Strong capital base. Company has not required additional capital infusion since 2008.
5. Diversified product portfolio

Company Promoters:

The Promoters of the Company are State Bank and BNPPC.

Company Financials:

Summary of financial Information
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	26,782.89	23,110.62	25,516.19	24,341.77	19,756.78
Total Revenue	302,775.13	191,197.24	231,864.86	173,694.22	149,755.25
Profit After Tax	9,546.53	8,441.03	8,148.67	7,277.53	6,301.12

Objects of the Issue:

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 120,000,000 Equity Shares by the Selling Shareholders.

SBI Life Insurance IPO Details

Issue Open	Sep 20, 2017 - Sep 22, 2017
Issue Type	Book Built Issue IPO
Issue Size	120,000,000 Eq Shares of Rs 10 (aggregating up to Rs 8,400.00 Cr)
Offer for Sale	120,000,000 Eq Shares of Rs 10 (aggregating up to Rs [.] Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 685 - Rs 700 Per Equity Share
Market Lot	21 Shares
Min Order Quantity	21 Shares
Listing At	BSE, NSE

SBI Life Insurance IPO Tentative Date / Timetable

Bid/Offer Opens On	Sep 20, 2017
Bid/Offer Closes On	Sep 22, 2017
Finalisation of Basis of Allotment	Sep 27, 2017
Initiation of Refunds	Sep 28, 2017
Credit of Shares to Demat Acct:	Sep 29, 2017
IPO Shares Listing Date:	Oct 3, 2017

SBI Life Insurance IPO Subscription Status (Bidding Detail)

SBI Life Insurance IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	QIB	NII	RII	Employee	Others	Total
Shares Offered	21,200,000	15,900,000	37,100,000	2,000,000	12,000,000	88,200,000
Sep 22, 2017 17:00	12.56x	0.70x	0.81x	1.02x	0.38x	3.55x

SBI Life Insurance IPO Prospectus

› Draft Prospectus
› Red Herring Prospectus

SBI Life Insurance IPO Rating

1524

4.1

Rating:

Vote Here ...

SBI Life Insurance IPO Listing Date

Listing Date	Tuesday, October 3, 2017
BSE Script Code	540719
NSE Symbol	SBILIFE
Listing In	B
ISIN	INE123W01016
Issue Price	Rs 700 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE
Rs 700.00
Rs 733.30
Rs 702.25
Rs 738.00
Rs 708.00
4,962,943

NSE
Rs 700.00
Rs 735.00
Rs 701.70
Rs 740.00
Rs 707.55
35,367,877

SBI Life Insurance IPO Reviews / Ratings

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Company Contact Information

SBI Life Insurance Company Ltd
NATRAJ,
M. V. Road and Western Express Highway Junction,
Andheri (East), Mumbai 400 069

Phone: +91 22 6191 1000
Email: investor@sbilife.co.in
Website: https://www.sbilife.co.in/

SBI Life Insurance IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: einward.ris@karvy.com
Website: https://karisma.karvy.com/

SBI Life Insurance IPO Lead Manager(s)

Lead Manager Reports

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Useful Articles

SBI Life Insurance IPO Review / Comments

900. P M Nov 9, 2017 07:50

IPO Guru (1100+ Posts, 1000+ Likes)

Makes New 52 week low of 628.50 on BSE

900.1. rusabh Nov 9, 2017 10:44

I am holding one lot.. Will it go above listing price ??

900.2. Shazz Nov 10, 2017 13:03

2 |

Rising up. Hope for the best. Hold for now.

899. YJYASH Oct 27, 2017 01:23

Anyone interested in buying the sbi life ins ipo a lot of 132 shares @ 720

898. Nakul Kaushal Oct 24, 2017 21:41

until what time we will hold this?

897. UPINVEST Oct 10, 2017 18:57

Dear All

I think it will move 750+ till diwali... any suggastion???

Load more comments (1 replies)

897.2. Subhash Challa Oct 19, 2017 19:01

2 |

Which Diwali you are talking of. 2018?
It''s already Diwali now.

897.3. JAISHRIRAM Oct 20, 2017 23:00

1 |

till next diwali, hopefully.

896. Arti Sharma Oct 17, 2017 11:16

1 |

Still holding shares...don''t know what to do...price is gng down Nd down...is there any chance that rlprice will come to no profit no loss..700 ?

895. DownriteVJ Oct 16, 2017 12:03

IPO Guru (1100+ Posts, 1000+ Likes)

CMP 673

894. gamble Oct 6, 2017 23:46

9 |

IPO Guru (1600+ Posts, 3900+ Likes)

If after applying all ipos and doing shopping of Diwali u still remain with fund then only read ahead..... 😊

4-7 Months holding needed. .. Expected return 3 former FD

IRB infra (209)
=> PE=9,PB=2.9, sales 5800cr, m. Cap 7300 cr, infra play.

TalwalkaRs(266)
=> PE=12,PB=1.6,CAGr =20%,margin =23%
A GYM play

GHCL(209)
=> PE=4, revenue 2800 cr m. Cap 2000cr,caGr=50% (!!), A chemical play

.... Above all 3 r irritating stock, without any mkt effect, so patience needed for a meaningful return...

Load more comments (6 replies)

894.7. Djds Oct 14, 2017 15:16

Gamble bhai new to market .can u tell me some companies where i can invest .with high returns within 4-6 months

894.8. Cool Sunshine Oct 28, 2017 23:06

IRB has really tested my patience. I exited half of my holding at 270 and half at 243. As such every stock transaction needs patience but IRB is at completely different level with no noticeable movement for months. Although with all the Gadkari''s announcements it is very tempting but I will not re-enter this stock above 205-210. Effort to return ration is too high for my capacity and liking.

Talwalkar is in a good business but there performance has not been consistent. Since not tracking this stock will look for suggestions on good entry points from other experts.

Looking to enter and accumulate GHCL at 210-215.for min 20% return in a 6-12 months.

893. Abdul Qaium Oct 8, 2017 20:04

Hi,
I subscribed sbi life ipo in retail and got allotment 21 shares but still I m unable sell it . I have demat ac of kary and I spoken to kary executive to sell it but they also unable to sell. I m not getting understand what r reason . Could u provide me kary mail id.

892. SAGAR H PATEL Oct 7, 2017 19:04

Sir i applied in sbi life insurance from my account for my brother and amount deducted from boths accounts and i have not received yet,,please guide me .

891. hariraman Oct 7, 2017 16:37

I have applied for sbi life ipo one slot through sbi demat account in retail category. Even though the ipo didn''t subscribed fully for the retail category, why the shares aren''t allocated to me?

I am wondering is there anything wrong with my account? Can someone clarify this?

890. TARUN MAHAWAR Oct 5, 2017 19:20

SBI LIFE INSURANCE KE BARE ME KYA KHNA HAI.....

MENE ABHI TK MERA ALLOTMENT SALE NHI KIYA HAI

Load more comments (1 replies)

890.2. mDelhi Oct 6, 2017 00:13

if it goes below 650/- then I will add more to and reduced the per share cost and its a long term planning as per me. Rest senior members can advice us better.

890.3. Solution of Queries Oct 6, 2017 20:13

IPO Guru (1100+ Posts, 1400+ Likes)

@tarun , if u hv long term view thn u can hold otherwise better to exit.

889. ANIL VERMA Oct 5, 2017 10:33

SBI Life made low of 688.10. Will touch Rs.680.00 today.

889.1. Dharmesh P Oct 5, 2017 12:16

1 |

Is there any possibility to go 700+ again ???

889.2. mjo Oct 5, 2017 17:13

Today I bought at 785 in BSE and squared off at closing. As per ICICI ipo , it may go down 20% before up move. Expect near term of 550. - 575

888. IamAbhishek Oct 5, 2017 15:34

Yes...Exactly this is what I told you on very Ist comment. That predictions need not to be range bound, as you suggested 725-732 it must be approximate. Bcz there might be novice entrant in the market which are going to react on your comment and finally get settled at loss.

887. Rocket Oct 2, 2017 12:55

2 |

Listing expected between 725-732, hold for long term for better returns.

Load more comments (5 replies)

887.6. IamAbhishek Oct 5, 2017 15:01

Hi Rocket,

Referring to your Ist comment, as you said "Listing expected between 725-732, hold for long term for better returns".
But Reality is:-
1) Listed @ 735 i.e. 5% of Issue Price (not as what u said)
2) Keep on falling soon after listing.
3) Today trading at below issue price.
So where your predictions goes correct.

887.7. Rocket Oct 5, 2017 15:26

2 |

Hey, we can only predict a range. If we could determine actual than we will not be chatting here rather be on a world tour with lots and lots of money.

886. veeshal Oct 5, 2017 11:37

stock is falling becausse everybody wants to invest in new ipo.In this way insttitutions are taking benefit of it.They know that anyhow retail linvestors are going to sell the stock anyhow

885. Dhaval Hirani Oct 5, 2017 10:47

Hello IPO Gurus,

If there is any chances to touch this value approx 730? and how much time it will takes to reach there? Please guide me.

884. ANIL VERMA Oct 5, 2017 10:33

SBI Life made low of 688.10. Will touch Rs.680.00 today.

883. Hiren K. Sep 29, 2017 09:32

Something wrong on karvy allotment to RII. May be punters active on this counter ...May be tried to open 30- 50 rs gap up and move on up to 100-200 up on next 3-4 days....

Load more comments (1 replies)

883.2. Nital Chanchani Sep 29, 2017 11:48

1 |

Incorporated in 2000, SBI Life Insurance Company Limited is India based private life insurer. (written on top of this page, please read. SBI is joint venture with BNP and wholly managed by BNP

883.3. STOCKT Oct 5, 2017 10:26

hahhah where is value 50 rs up . this one is going down issue price soon

882. R R Patel Oct 2, 2017 22:01

4 |

IPO Mentor (700+ Posts, 3100+ Likes)

SBI listing on tomorrow and it is expected to list at around 745 (+-1%). It may test 725 @lower side & 785@upper side. One can book partial profit above 770 if fund required for coming new IPOs but remain atleast 1/3 for long term portfolio stock.

Load more comments (1 replies)

882.2. ABG Oct 4, 2017 16:00

2 |

I am still holding ....i was waiting for 770 to book profit as i wanted to apply next IPOs....now what to do ...

882.3. ANIL VERMA Oct 5, 2017 10:25

Dear ABG. You will need to hold atleast for six months to see the level of Rs.770.00

881. ANIL VERMA Oct 5, 2017 09:57

Sell fsst SBILIFE, Going to test Rs.680.00 today.

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