Introduction: SBI Life Insurance company is a private life insurer and having a JV with BNPPC(BNP Paribas subsidiary). SBI life is leveraging its multi channel distribution network to conduct sale of policies.
Date of Establishment: Company was formed in the year 2000.
Product & Service Offering: SBI Life has a portfolio of 37 individual and group products. The product range includes both protection and savings to tackle the insurance needs of customers.
Customer Segment: The company serves retail customers as well as group policies through its distribution network
Promoters of SBI Life: The company is managed by State Bank and BNPPC.
Objects of the Issue: The object of the issue is to
i) leverage the benefits of getting listed on exchanges
ii) providing easy exit to current investors.
Company Financials:
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 |
Number of Times Subscribed (BSE + NSE) | |||||||
---|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total | |
Shares Offered / Reserved | 21,200,000 | 15,900,000 | 37,100,000 | 2,000,000 | 12,000,000 | 88,200,000 | |
Day 1 - Sep 20, 2017IST | 0.0600 | 0.0100 | 0.1600 | 0.1800 | 0.0500 | 0.0900 | |
Day 2 - Sep 21, 2017IST | 1.5827 | 0.0820 | 0.3740 | 0.4472 | 0.1134 | 0.5744 | |
Day 3 - Sep 22, 2017IST | 12.5599 | 0.6963 | 0.8060 | 1.0219 | 0.3753 | 3.5537 |
- | BSE | NSE |
---|---|---|
Issue Price | Rs 700.00 | Rs 700.00 |
Open | Rs 733.30 | Rs 735.00 |
Low | Rs 702.25 | Rs 701.70 |
High | Rs 738.00 | Rs 740.00 |
Last Trade | Rs 708.00 | Rs 707.55 |
Volume | 4,962,943 | 35,367,877 |
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