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Thursday, September 21, 2017

SBI Life Insurance IPO - Invest

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.

 Verdict :Safe, hence Invest

 Subscription:
Start Date: 2017-09-20 10:00:36 
End Date: 2017-09-22 17:00:36

 Issue Size : 8,400 crore
Issue Type: Book Built Issue IPO 
Face Value: Rs 10 Per Equity Share 
Price Band: Rs.685 to Rs. 700
Market Lot: 21 Shares 

 Overall Subscription: Will be updated soon
Allotment Date: On or about September 27, 2017
Listing Date : Will be updated soon
Listing At: BSE, NSE
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