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September 20, 2017 - September 22, 2017

SBI Life Insurance IPO Basis of Allotment

SBI Life
INSURANCE

With Us, You're Sure

SBI LIFE INSURANCE COMPANY LIMITED

Our Company was incorporated at Mumbai on October 11,2000 as SBI Life Insurance Company Limited, a public limited company under the Companies Act, 1956 and received a certificate of commencement of business on November 20, 2000 Our Company is registered with IRDAI for carrying out the business of life insurance pursuant to registration certificate number 111. dated March 29 2001 For details relating, to change In the registered office of our Company. see 'History and Certain Corporate Matters' on page 167 of the Prospectus dated september 25,2017 ('Prospectus')  Registered Office and Corporate Office: 'NATRAJ'.M.v Road and Western Express Highway Junction, Andheri (East), Mumbai 400069.Tel: (9122) 6191 0000 Fax:(9122)6191 0338.
Contact Person: Aniket K. Karandikar Company Secretary and Compliance Officer;
Email: investors@sbilife.co.in ; Website: www.sbilife.co.in ; Corporate Identity Number: U99999MH2000PLC129113.

OUR PROMOTERS: STATE BANK OF INDIA AND BNP PARIBAS CARDIF S.A.

Our Company has registered the Prospectus with the Registrar of Companies and the Equity Shares are proposed to be listed on BSE and NSE and the trading will commence on
October 3, 2017.

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER OF 120,000,000 EQUITY SHARES OF OUR COMPANY FOR CASH AT A PRICE OF RS 700 PER EQUITY SHARE AGGREGATING TO RS 83,864 MILLION THROUGH AN OFFER FOR SALE BY STATE BANK OF INDIA AND BNP PAR1BAS CARDIF S.A. ('PROMOTER SELLING SHAREHOLDERS') OF 80,000,000 EQUITY SHARES AND 40,000,000 EQUITY SHARES, RESPECTIVELY, AGGREGATING TO RS 55,909.33 MILLIONS AND RS 27,954.67 MILLION. RESPECTIVELY (THE 'OFFER-). THIS OFFER INCLUDES A RESERVATION OF 2,000,000 EQUITY SHARES (CONSTITUTING 0.2% OF OUR 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' OF THE PROSPECTUS) AGGREGATING TO RS 1,264 MILLION (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' OF THE PROSPECTUS) FOR CASH AT A PRICE OF RS 700 PER EQUITY SHARE AGGREGATING TO RS 8,400 MILLION (THE 'STATE BANK SHAREHOLDERS RESERVATION PORTION'). THE OFFER CONSTITUTES 12% OF OUR POST-OFFER PAID-UP SHARE CAPITAL AND THE NET OFFER CONSTITUTES 10.60% OF OUR POST-OFFER PAID-UP SHARE CAPITAL.

Offer Price: Rs 700 per Equity Share of face value of Rs 10 each
Anchor Investor Offer Price: Rs 700 per Equity Share
Employee Discount: 9.71% (equivalent of Rs 68) to the Offer Price to eligible employees
The Offer Price is 70.00 times the face value

Risks to Investors:

i. The 8 Lead Managers associated with the Offer have handled 59 public issues in the past three
years out of which 17 issues closed below the issue price on listing date.
ii. The price/earnings ratio based on EPS for Fiscal 2017 for the Issuer at the offer price is as high
as 73.30, compared to the average industry peer group price/earnings ratio of 38.05.
iii. Average cost of acquisition of Equity Shares for the Promoter Selling Shareholders in the
Offer is Rs 10. where as the offer price is Rs 700.

BID/ OFFER PERIOD: OPENED ON; WEDNESDAY, SEPTEMBER 20, 2017;
CLOSED ON: FRIDAY, SEPTEMBER 22, 2017
ANCHOR INVESTOR BIDDING DATE WAS TUESDAY, SEPTEMBER 19, 2017

The Offer has been made through the Book Butting Process, in terms of Rule l9(2)(b) of the Securities Contracts (Regulation) Rules, 1957 as amended ('SCRR'). The Offer was made in accordance with Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended ('SEBI Regulations'), wherein 50% of the Net Offer was allocated on a proportionate basis to Qualified Institutional Buyers ('QIBs'), provided that our Company and the Promoter Selling Shareholders in consultation with the Lead Managers, allocated 60% of the QIB Portion to Anchor Investors on a discretionary basis, out of which one-third was reserved for domestic Mutual Funds only, subject to valid Bids received from domestic Mutual Funds at or above the Anchor Investor Allocation Price, in accordance with the SEBI Regulations. 5% of the QIB Portion (excluding the Anchor Investor Portion) was allocated on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion was available for allocation on a proportionate basis to all QIB Bidders (other than Anchor investors), Including Mutual Funds, subject to valid Bids received at or above the Offer Price. Further, not lees than 15% of the Net Offer was available for allocation on a proportionate basis to Non-institutonal Investors and not less than 35% of the Net Offer was available for allocation to Retail Indrvidual Bidders in accordance with the SEBl Regulations, subject to valid Bids received at or above the Offer Price. All potential investors, other than Anchor Investors, were required to mandatorily utilise the Application Supported by Blocked Amount ('ASBA') process providing details of their respecfcve bank account which was blocked by the SCSBs, to participate in this Offer For details, see 'Offer Procedure' beganing on page 446 of the Prospectus

The bidding for Anchor Investors opened and closed on September 19, 2017. The Company received 108 Anchor Investor Application Forms from 69 Investors for 33,539,331 Equity Shares The Anchor Investor Offer Price was finalized at Rs 700 per Equity Share. A total of 31,800,000 Equity Shares were allocated under the Anchor investor portion.

The Offer (exdudng Anchor) received 1,019,941 applications for 312,827,340 Equity Shares (prior to technical rejections) resulting n 3.55 times subscripton The details of the applications received in the Offer from various categories are as under (before technical rejections)

SI No Category No. of
Applications
No. of
Equity
Shares
Applied
Amount
(Rs)
No. of
times
Subscribed
Shares Reserved
as per
Prospectus
A Retail Individual Bidders 961,153 29,846,271 20,906,527,415.42 0.80 37,100,000
B Non Institutional Bidders 1,080 10,108,161 7,055,231,148.00 0.64 15,900,000
C Shareholders Reservaton 36,421 4,341,729 3,041,681,162.00 0.36 12,000,000
D Employee investors 21,136 2,063,691 1,305,988,694.00 1.03 2,000,000
E Qualified Institutional Bidders (Excluding Anchors) 151 266,467,488 186,527,247,635.00 12.57 21,200,000
Total 1, 019, 941 312,827,340 218,836,676,054.42 3.55 88,200,000

Final Demand

A summary of the final demand as at different Bid prices is as under:

SI
No.
Bid
Price
Bids
Quantity
(%) to
Total
Cumulative
Total
% Cumulative
Total
1 685 700,203 022 700,203 0.22
2 686 23,562 0.01 723,765 0.23
3 687 25,851 0.01 749,616 0.24
4 688 18,627 0.01 768,243 0.24
5 688 11,865 0.00 780,108 0.25
6 690 294,420 0.09 1,074,528 0.34
7 691 31,248 0.01 1,105,776 0.35
8 692 20,559 0.01 1,126,335 0.36
9 693 17,472 0.01 1,143,807 0.36
10 694 4,851 0.00 1,148,658 0.6
11 695 153,804 0.05 1,302,462 0.41
12 696 9,303 0.00 1,311,765 0.41
13 697 9,849 0.00 1,321,614 0.42
14 698 39,417 0.01 1,361,031 0.43
15 699 53,676 0.02 1,414,707 0.45
16 700 284,520,621 89.78 285,935.328 90.22
17 CUTOFF 30,983,253 9.78 316,918,581 100.00
TOTAL 316,918,581 100.00

The Basis of Allotmenl was finalized m consultation with the Designated Stock Exchange, being the National Stock Exchange of India Limited (the 'NSE'), on September 28, 2017.

A. Allotment to Retail Individual Bidders (including ASBA Applications) (after technical refections)

The Basis of Allotment to the Retail Individual Bidders, who have bid at the Cut- Off Price or at the Offer Price of Rs 700 per Equity Share was finalized in consultation with the Designated Stock Exchange This category has been subscnbed to the extent of 0.7259 times The total number of Equity Shares Allotted in Retail Portion is 28,993,545 Equity Shares to 936,713 successful Retail Individual Bidders. The calegory-wise details of the Basis of Allotment are as under.

Category No. Of
Applications
Received
% of
Total
Total No.
of Equity Shares
Applied
% to
Total
No. of Equity
Shares Allotted
per Applicant
Ratio Total No.
of Equity
Shares Allotted
21 821,698 87.72 17,255,658 59.52 21 1:1 17,255,658
42 48,031 5.13 2,017,302 6.96 42 1:1 2,017,302
63 17,815 1.90 1,122,345 3.87 63 1:1 1,122,345
84 8,244 0.88 692,496 2.39 84 1:1 692,496
105 9,719 1.04 1,020,495 3.52 105 1:1 1,020,495
126 4,029 0.43 507,654 1.75 126 1:1 507,654
147 4,583 0.49 673,701 2.32 147 1:1 673,701
468 1,275 0.14 214,200 0.74 168 1:1 214,200
189 641 0.07 121,149 0.42 189 1:1 121,149
210 3,662 0.39 769,020 2.65 210 1:1 769,020
231 568 0.06 131,208 0.45 231 1:1 131,208
252 1,047 0.11 263,844 0.91 252 1:1 263,844
273 15.401 1.64 4,204,473 14.50 273 1:1 4,204,473
TOTAL 931,713 100.00 28,993,545 100.00 28,993,545

B. Allotment to Non-Institutional Bidders (After Technical Rejections)

The Basis of Allotment to the Non-institutional Bidders, who nave bid at the Offer Price of Rs 700 per Equity Share, was finalized in consultation with the Designated Stock Exchange The Non - Institutional Portion has been subscnbed to the extent of 0.5840 times. The total number of Equity Shares Allotted in this category is 9,996,273 Equity Shares to 985 successful Non- Institutional Bidders The category-wise details of the Basis of Allotment are as under

Category No. of
Applications
Received
% of
Total
Total No. of
Equity
Shares Applied
% to
Total
No. of Equity
Shares
Allotted
per Bidder
Ratio Total No. of
Equity
Shares Allotted
294 182 18.48 53,508 0.54 294 1:1 53,508
819 3 0.30 2,457 0.02 819 1:1 2,457
1407 4 0.41 5,628 0.06 1407 1:1 5,628
2079 1 0.10 2,079 0.02 2079 1:1 2,079
2100 18 1.83 37,800 0.38 2100 1:1 37,800
5439 1 0.10 5,439 0.05 5439 1:1 5,439
11130 1 0.10 11,130 0.11 11130 1:1 11,130
11256 1 0.10 11,256 0.11 11256 1:1 11,256
12138 1 0.10 12,138 0.12 12138 1:1 12,138
13566 1 0.10 13,566 0.14 13566 1:1 13,566
14007 1 0.10 14,007 0.14 14007 1:1 14,007
14280 5 0.51 71,400 0.71 14280 1:1 71,400
14301 1 0.10 14,301 0.14 14301 1:1 14,301
14700 2 0.20 29,400 0.29 14700 1:1 29,400
14994 1 0.10 14,994 0.15 14994 1:1 14,994
17136 2 0.20 34,272 0.34 17136 1:1 34,272
17850 1 0.10 17,850 0.18 17850 1:1 17,850
19992 1 0.10 19,992 0.20 19992 1:1 19,992
21420 5 0.51 107,100 1.07 21420 1:1 107,100
23163 1 0.10 23,163 0.23 23163 1:1 23,163
28560 5 0.51 142,800 1.43 28560 1:1 142,800
35700 4 0.41 142,800 1.43 35700 1:1 142,800
39984 2 0.20 79,968 0.80 39984 1:1 79,968
42840 1 0.10 42,840 0.43 42840 1:1 42,840
43974 1 0.10 43,974 0.44 43974 1:1 43,974
50001 1 0.10 50,001 0.50 50001 1:1 50,001
71400 1 0.10 71,400 0.71 71400 1:1 71,400
71421 2 0.20 142,842 1.43 71421 1:1 142,842
73600 1 0.10 73,500 0.74 73500 1:1 73,500
85701 1 0.10 85,701 0.86 85701 1:1 85,701
98700 1 0.10 98,700 0.99 98700 1:1 98,700
99981 1 0.10 99,981 1.00 99981 1:1 99,981
107142 1 0.20 214,284 2.14 107142 1:1 214,284
114282 1 0.10 114,282 1.14 114282 1:1 114,282
119406 1 0.10 119,406 1.19 119406 1:1 119,406
128562 1 0.10 128,562 1.29 128562 1:1 128,562
146538 1 0.10 146,538 1.47 146538 1:1 146,538
147000 1 0.10 147,000 1.47 147000 1:1 147,000
156408 1 0.10 156,408 1.56 156408 1:1 156,408
171423 1 0.10 171,423 1.71 171423 1:1 171,423
214305 1 0.10 214,305 2.14 214305 1:1 214,305
246351 1 0.10 246,351 2.46 246351 1:1 246,351
357126 1 0.10 357,126 3.57 357126 1:1 357,126
428568 2 0.20 857,136 8.57 428568 1:1 857,136
485520 1 0.10 485,520 4.86 485520 1:1 485,520
571410 2 0.20 1,142,820 11.43 571410 1:1 1,142,820
714273 1 0.10 714,273 7.15 714273 1:1 714,273
857136 1 0.10 857,136 8.57 857136 1:1 857,136
1428567 1 0.10 1,428,567 14.29 1428567 1:1 1,428,567

C. Allotment under State Bank Shareholders Reservation Portion

The Basis of Allotment to the Shareholders Reservation, who have bid at the Offer Pnce of Rs 700 per Equity Share, was finalized in consultation with the Designated Stock Exchange. The Shareholders Reservation Portion has been subscribed to the extent of 0.3521 times The total number of Equity Shares Allotted in this category is 4,225,725 Equity Shares to 34,192 successful Reserved Bidders. The category-wise details of the Basis of Allotment are as under.

Category No. of
Applications
Received
% of
Total
Total No. of
Equity Shares
Applied
% to
Total
No. of Equity
Shares Allotted
per Bidder
Ratio Total No. of
Equity Shares
Allotted
21 18,635 54.50 391,335 9.26 21 1:1 391,335
42 5,496 16.07 230,832 5.46 42 1:1 230,832
63 2,272 6.64 143,136 3.39 63 1:1 143,136
84 1,165 3.41 97,860 2.32 84 1:1 97,860
105 1,536 4.49 161,280 3.82 105 1:1 161,280
126 604 1.77 76,104 1.80 126 1:1 76,104
147 729 2.13 107,163 2.54 147 1:1 107,163
168 207 0.61 34,776 0.82 168 1:1 34,776
189 84 0.25 15,876 0.38 189 1:1 15,876
210 549 1.61 115,290 2.73 210 1:1 115,290
231 86 0.25 19,866 0.47 231 1:1 19,866
252 224 0.66 56,448 1.34 252 1:1 56,448
273 2,521 7.37 688,233 16.29 273 1:1 688,233
294 4 0.01 1,176 0.03 294 1:1 1,176
315 9 0.03 2,835 0.07 315 1:1 2,835
336 2 0.01 672 0.02 336 1:1 672
357 1 0.00 357 0.01 357 1:1 357
399 1 0.00 399 0.01 399 1:1 399
420 4 0.01 1,680 0.04 420 1:1 1,680
441 2 0.01 882 0.02 441 1:1 882
483 1 0.00 483 0.01 483 1:1 483
504 5 0.01 2,520 0.06 504 1:1 2,520
525 1 0.00 525 0.01 525 1:1 525
567 3 0.01 1,701 0.04 567 1:1 1,701
693 1 0.00 693 0.02 693 1:1 693
714 11 0.03 7,854 0.19 714 1:1 7,854
861 1 0.00 861 0.02 861 1:1 861
987 3 0.01 2,961 0.07 987 1:1 2,961
1008 2 0.01 2,016 0.05 1088 1:1 2,016
1050 1 0.00 1,050 0.02 1050 1:1 1,050
1155 1 0.00 1,155 0.03 1155 1:1 1,155
1281 1 0.00 1,281 0.03 1281 1:1 1,281
1428 5 0.01 7,140 0.17 1428 1:1 7,140
2100 1 0.00 2,100 0.05 2100 1:1 2,100
2142 1 0.00 2,142 0.05 2142 1:1 2,142
2940 1 0.00 2,940 0.07 2940 1:1 2,940
3360 1 0.00 3,360 0.08 3360 1:1 3,360
3507 1 0.00 3,507 0.08 3507 1:1 3,507
3570 1 0.00 3,570 0.08 3570 1:1 3,570
5019 1 0.00 5,019 0.12 5019 1:1 5,019
5712 1 0.00 5,712 0.14 5712 1:1 5,712
7413 1 0.00 7,413 0.18 7413 1:1 7,413
9744 1 0.00 9,744 0.23 9744 1:1 9,744
15015 1 0.00 15,015 0.36 15015 1:1 15,015
28581 1 0.00 28,581 0.68 28581 1:1 28,581
42840 1 0.00 42,840 1.01 42840 1:1 42,840
58590 1 0.00 58,590 1.39 58590 1:1 58,590
82131 1 0.00 82,131 1.94 82131 1:1 82,131
99981 1 0.00 99,981 2.37 99981 1:1 99,981
100002 2 0.01 200,004 4.73 100002 1:1 200,004
110712 1 0.00 110,712 2.62 110712 1:1 110,712
165732 1 0.00 165,732 3 92 165732 1:1 165,732
181020 3 0.01 543,060 12.85 181020 1:1 543,060
285705 1 0.00 285,705 6.76 285705 1:1 285,705
371427 1 0.00 371,427 8.79 371427 1:1 371,427
TOTAL 34,192 100.00 4,225,725 100.00 1:1 4,225,725

D. Allotment to Eligible Employees

The Basis of Allotment to the Eligible Employees, who have bid at the Offer Price (after Employee Discount) of Rs 632 per Equity Share, was finalized in consultation with the Designated Stock Exchange. This category has been subscnbed to the extent of 0.8288 times. The total number of Equrty Shares Allotted in Eligible Employee category is 1,657,551 Equity Shares to 15,908 successful Bidders. The category-wise detais of the Basis of Allotment are as under.

Category No. Of
Applications
Received
% of
Total
Total No. of
Equity
Shares
Applied
% to
Total
No. of Equity
Shares Allotted
per Bidder
Ratio Total No. of
Equity Shares
Allotted
21 5,179 32.56 108,759 6.56 21 1:1 108,759
42 2,992 18.81 125,664 7.58 42 1:1 125,664
63 1,498 9.42 94,374 5.69 63 1:1 94,374
84 877 5.51 73,668 4.44 84 1:1 73,668
105 1,104 6.94 115,920 6.99 105 1:1 115,920
126 312 1.96 39,312 2.37 126 1:1 39,312
147 576 3.62 84,672 5.11 147 1:1 84,672
168 310 1.95 52,080 3.14 168 1:1 52,080
189 114 0.72 21,546 1.30 189 1:1 21,546
210 489 3.07 102,690 6.20 210 1:1 102,690
231 133 0.84 30,723 1.85 231 1:1 30,723
252 133 0.84 33,516 2.02 252 1:1 33,516
273 841 5.29 229,593 13.85 273 1:1 229,593
294 161 1.01 47,334 2.86 294 1:1 47,334
315 787 4.95 247,905 14.96 315 1:1 247,905
336 19 0.12 6,384 0.39 336 1:1 6,384
357 12 0.08 4,284 0.26 357 1:1 4,284
378 8 0.05 3,024 0.18 378 1:1 3,024
399 10 0.06 3,990 0.24 399 1:1 3,990
420 33 0.21 13,860 0.84 420 1:1 13,860
441 10 0.06 4,410 0.27 441 1:1 4,410
462 20 0.13 9,240 0.56 462 1:1 9,240
483 20 0.13 9,660 0.58 483 1:1 9,660
504 6 0.04 3,024 0.18 504 1:1 3,024
525 6 0.04 3,150 0.19 525 1:1 3,150
546 7 0.04 3,822 0.23 546 1:1 3,822
567 5 0.03 2,835 0.17 567 1:1 2,835
588 3 0.02 1,764 0.11 588 1:1 1,764
609 4 0.03 2,436 0.15 609 1:1 2,436
630 21 0.13 13,230 0.80 630 1:1 13,230
651 4 0.03 2,604 0.16 651 1:1 2,604
672 2 0.01 1,344 0.08 672 1:1 1,344
693 3 0.02 2,079 0.13 693 1:1 2,079
714 58 0.35 39,984 2.41 714 1:1 39,984
735 4 0.03 2,940 0.18 735 1:1 2,940
756 2 0.01 1,512 0.09 756 1:1 1,512
777 147 0.92 114,219 6.89 777 1:1 114,219
TOTAL 15,908 100.00 1,657,551 100.00 1,657,551

E. Allotment to QIBs (Other than anchor investors)

Allotment to QIBs, who have Bid at the Offer Price of Rs 700 per Equity Share, has been done on a proportionate basis in consultation with the Designated Stock Exchange This category has been subscnbed to the extent of 6.1156 times of QIB Portion As per the SEBl Regulations Mutual Funds were Allotted 5% of the Equity Shares of QIB Portion available i.e. 2,166,346 Equity Shares and other QIBs and unsatisfied demand of Mutual Funds were Allotted the remainng available Equity Shares i.e. 41,160,560 Equity Shares on a proportionate basis. The total number of Equity Shares Allotted in the QIB Portion is 43,326,906 Equity Shares, which were allotted to 149 successful QIB Bidders. The category-wise details of the Basis of Allotment are as under.

Category FIs/Banks Fll MFs ICs NBFC Others Total
QIB 3,908,043 24,270,477 9,137,681 1,769,152 28,034 4,213,519 43,326,906

F. Allotment to Anchor Investors

Our Company and the Promoter Selling Shareholders, in consultation with the Lead Managers, have allocated 31,800,000 Equity Shares to 69 Anchor investors (through 108 Applications) at the Anchor Investor Offer Price of Rs 700 per Equity share in accordance with the SEBI Regulations. This represents 60% of the QIB portion. Allotment to such Anchor Investors is as mentioned below.

Category Fls/Banks MFs ICs AIF/FPI FII OTH Total
Anchor Investors - 12,715,752 1,221,438 16,224,637 1,138,184 499,989 31,800,000

The IPO Committee of our Company on September 28, 2017 has taken on record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange, being NSE and has Allotted the Equity Shares to various successful Bidders The Allotment Advice-cum-intimationsand / or notices will be dispatched to the address of the investors as registered with the depositories Further, the instructions to the Self Certified Syndicate Banks for unblocking of funds, transfer to Public Offer Account have been issued on September 28, 2017 and payment to non-Syndicate brokers have been issued on September 29, 2017. In case the same is not recerved within ten days, investors may contact the Registrar to the Offer at the address given below The Equity Shares Allotted to the successful Allottees have been uploaded on September 28, 2017 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. Our Company has filed the Listing application with NSE and BSE on September 29, 2017. Our company has received the listing and trading approvals from NSE and BSE, and the trading will commence on October 3,.2017.

All capitalised terms used and not specifically defined herein shall have the meaning ascribed to them in the Prospectus.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Offer, Karvy Computershare Private Limited at https://karisma.karvy.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Offer quoting full name of the first/ sole Bidder, Bid cum Application Form number, Bidder DP ID, Client ID, PAN, date of submission of Bid cum Application Fom, address of the Bidder, number of Equity Share applied for, the name and address of the designated Intermediary where the Bid cum Application Form was submitted by the Bidder and a copy of the Acknowledgment Slip received from the Designated Intermediary at the address given below:

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31 -32 Gachibowli Financial District Nanakramguda. Hyderabad 500 032
Tel: (91 40) 6716 2222, Fax: (91 40) 2343 1551 E-mail: einward.ris@karvy.com
Investor grievance e-mail: sbilife.ipo@karvy.com. Website: https://karisma.karvy.com
Contact person: M. Murali Krishna, SEBl registration number: INR000000221

Place: Mumbai
Date: September 29, 2017
For SBI LIFE INSURANCE COMPANY LIMITED
On behalf of the Board of Dcectors
Sd/-
Company Secretary and Compliance Offcer

SBI Life Insurance IPO Basis of Allotment FAQs

Check the basis of allotment document above to know about how the shares are allocated in SBI Life Insurance IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

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Check the basis of allotment document above to know about how the shares are allocated in SBI Life Insurance IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).