SBI Life Insurance Company Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹685 - ₹700
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About SBI Life Insurance Company Limited IPO
SBI Life Insurance Company Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 20 Sept 2017 and concluded on 22 Sept 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹685 - ₹700.
During the bidding window, SBI Life Insurance Company Limited recorded an overall subscription of 3.58 times. Institutional investors (QIB) subscribed 12.56x, non-institutional high-net-worth investors (NII) subscribed 0.7x, and retail individual investors (RII) bid 0.85x their reserved quota, alongside employee participation of 1.03x.
The equity shares of SBI Life Insurance Company Limited officially debuted on the stock exchanges on 03 Oct 2017 at an opening listing price of ₹735, delivering a listing day return of +5.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹1,640, representing an overall gain of +134.29% since its IPO allotment.