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Prospectus synopsis
 
SBI Life Insurance Company Ltd
Registered Office: Natraj M V Road Andheri(East) , Western Express Highway Juncti , Mumbai - 400069 , Maharashtra , India.
Phone:91-22-61911000   Fax:91-22-61910338
Email: investor@sbilife.co.in   Website:www.sbilife.co.in
Initial public offer of up to 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. [*] per equity share aggregating up to Rs. [*] crores, through an offer for sale by State Bank of India and BNP Paribas Cardif S.A. ("Selling Shareholders") of up to 80,000,000 equity shares and up to 40,000,000 equity shares, respectively, aggregating up to Rs. [*] crores and Rs. [*] crores, respectively (the "offer"). This offer includes a reservation of up to 2,000,000 equity shares (constituting up to 0.2% of the post-offer paid-up share capital) for purchase by eligible employees at a discount of up to [*]% (equivalent to Rs. [*]) on the offer price (the "employee reservation portion") and a reservation of up to 12,000,000 equity shares (constituting up to 10% of the offer) for purchase by State Bank shareholders for cash at a price of Rs. [*] per equity share aggregating up to Rs. [*] crores (The "State Bank shareholders reservation portion"). The offer would constitute up to 12% of the post-offer paid-up share capital and the net offer shall constitute 10.60% of the post-offer paid-up share capital. The face value of the equity shares is Rs. 10 each Price Band : Rs. 685 to Rs. 700 per equity share of face value Rs. 10 each. Discount to eligible employees: Rs. 68 per equity share on offer price. The Floor Price is 68.50 times the face value and the cap price is 70.00 times the face value.

Issue
Money Payable On
Opens On
Closes On
Application
Allotment
20-Sep-17 22-Sep-17 Rs 685.00-700.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 21   Further Multiples of : 21


 
Rs Cr
Lead Managers to the Issue
Project Cost 0.00
Axis Capital Ltd
BNP Paribas
Citigroup Global Markets India Pvt Ltd
Deutsche Equities India Pvt Ltd
ICICI Securities Ltd
JM Financial Institutional Securities Ltd
Kotak Mahindra Capital Company Ltd
SBI Capital Markets Ltd
Project Financed through Current Offer 8220.00  
Post Issue Equity Share Capital 1000.00  
Issue Price Rs.685.00  
 
Projects
No Data Found.
Promoted By
Listing At
Registrar to the Issue
 
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