SBI Life Insurance Company Ltd

SBI Capital Markets Ltd

Initial public offer of 120,000,000* equity shares of face value of Rs. 10 each (equity shares) of SBI Life Insurance Company Limited (the company) for cash at a price of Rs. 700 per equity share aggregating to Rs. 8386.4* Crores, through an offer for sale by State Bank of India and BNP Paribas Cardif s.a. (promoter selling shareholders) of 80,000,000* equity shares and 40,000,000* equity shares, respectively, aggregating to Rs. 5590.93* Crores and Rs. 2795.47* Crores, respectively (the offer). This offer includes a reservation of 2,000,000* equity shares (constituting 0.2%* of the 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) aggregating to Rs. 126.4* Crores (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) for cash at a price of Rs. 700 per equity share aggregating to Rs. 840* Crores (the state bank shareholders reservation portion). The offer constitutes 12%* of the post-offer paid-up share capital and the net offer constitutes 10.60%* of the post-offer paid-up share capital. The face value of the equity shares is Rs. 10 each. The offer price is Rs. 700 per equity share and is 70 times the face value of the equity shares.*subject to finalisation of the basis of allotment.

  • Issue

    • Opens On20 Sep 2017
    • Closes On22 Sep 2017
  • Money Payable On

    • Application700
    • Allotment0
  • Project Cost (Cr.)0
  • Post Issue Equity Share Capital (Cr.)1000
  • Issue Price (D)700

Further Multiples of: 21

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - KFin Techologies Pvt Ltd

    Natraj M V Road Andheri(East) Western Express Highway Juncti Mumbai

    Maharashtra- 400069

    Phone - 91-22-61910000

    Fax - 91-22-61910338

    Email - investor@sbilife.co.in/aniket.karandikar@sbilife.c

    Website - www.sbilife.co.in

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