SBI Life Insurance Company Limited IPO

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Mumbai headquartered, SBI Life Insurance Company Limited ( Incorporated in 2000)is leading private life insurer. It is a joint venture between the State Bank of India and BNPPC(an insurance subsidiary of BNP Paribas) , BNPPC has operations across 36 countries across the world and is among the leading life insurance company across the world whereas BNP Paribas is one of top 10 global financial institution in terms of revenue.
The Company has developed a multi-channel distribution network comprising bank branches of SBI , individual agent network of 93,849 agents.It has also developed other distribution channels including direct sales and sales through corporate agents, brokers, insurance marketing firms and other intermediaries.
SBI Life turned profitable within the first five years of our operations, and have declared dividends every year since 2012.
Competitive Strengths
1. Largest private life insurer in India since 2010.
2. Backed by SBI and BNPPC
3. Vast multi-channel distribution with pan-India presence (Branches, Agents and Online)
4. Strong capital base. Company has not required additional capital infusion since 2008.
5. Diversified product portfolio

SBI Life Insurance Company Limited IPO Stock Quote & Charts

586.90

-4.31%

  • Open: 610.00
  • High - Low: 610.00 - 582.00
  • Previous Close: 613.35
  • Total Traded Volume: 287803
  • Updated On: 24-Sep-2018

Objects of the SBI Life Insurance Company Limited IPO:

Benefits of listing Equity Shares on the Stock Exchanges

SBI Life Insurance Company Limited IPO Details:

Open Date: Sep 20 2017
Close Date: Sep 22 2017
Total Shares: 120,000,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 8,400.00 Cr.
Lot Size: 21 Shares
Issue Price: ₹ 685-700 Per Equity Share
Listing At: NSE,BSE
Listing Date: Oct 03 2017

Promoters And Management:

State Bank BNP Parivas Credit

Financials of SBI Life Insurance Company Limited IPO:

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

Registrar of SBI Life Insurance Company Limited IPO:

  1. Karvy Computershare Private Limited

Company Address:

SBI Life Insurance Company Ltd NATRAJ, M. V. Road and Western Express Highway Junction, Andheri (East), Mumbai 400 069 Phone: +91 22 6191 1000 Fax: +91 22 6191 0338 Email: investor@sbilife.co.in Website: www.sbilife.co.in

25th Sep 2018 - 27th Sep 2018 => Aavas Financiers IPO

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