SBI Life Insurance Company Ltd IPO

SBI Life Insurance Company Ltd

Issue Open

Sep 20, 2017

Price Band

₹ 685 - ₹ 700

Issue Size

₹ 8,400.00 Cr

Credit of Shares to Demat


Issue Close

Sep 22, 2017

Bid Lot


Listing Exchange


Cut off time for UPI Mandate Confirmation


Issue Type

Book Built Issue IPO

Minimum Order Quantity


Allotment Details


Face Value

Rs 10 Per Equity Share

Listing On

Oct 03, 2017



About the company:

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:

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



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