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SBI Life Insurance Company Limited IPO

Mainboard IPOListedSBILIFENSE
Current Market Price (CMP)
₹1,640(+134.29%)
Current Price (CMP)
₹1,640(+134.29%)

Live Market Quote

Listing Price & Gain
₹735(+5.00%)

Day 1 Exchange Open

IPO Issue Price
₹700

Band: ₹685 - ₹700

Total Subscription
3.58x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
20 Sept 2017
IPO Bidding Closes
22 Sept 2017
Allotment & Refunds
Completed
Exchange Listing Day
03 Oct 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 3.58x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)12.56x
Non-Institutional Investors (NII / HNI)0.7x
Retail Individual Investors (RII)0.85x
Employees Reservation1.03x
Total Subscription3.58x
Updated as on 22 Sep 2017 at 2230 hrs

Listing Day & Return Performance

Listing Day Gain+5.00%
₹700 (Issue) → ₹735 (List)
Per share profit: +₹35.00
Holding Return (Till Date)+134.29%
₹700 (Issue) → ₹1,640 (CMP)
Net gain per share: +₹940.00
Post-Listing Performance (Listing Day → Today):+123.13%

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.

Frequently Asked Questions

What was the issue price or price band of SBI Life Insurance Company Limited IPO?
The issue price of SBI Life Insurance Company Limited IPO was fixed at ₹700 per equity share. The indicative bidding price band was ₹685 - ₹700.
What were the open, close, and listing dates for SBI Life Insurance Company Limited IPO?
SBI Life Insurance Company Limited IPO opened on 20 Sept 2017, closed on 22 Sept 2017, listed on 03 Oct 2017.
How much was SBI Life Insurance Company Limited IPO subscribed?
The IPO received an overall subscription of 3.58 times. Category-wise, QIBs subscribed 12.56x, NIIs subscribed 0.7x, and Retail investors subscribed 0.85x.
What was the listing price and listing gain of SBI Life Insurance Company Limited IPO?
SBI Life Insurance Company Limited IPO listed on the stock exchange at ₹735, delivering a listing gain of 5.00% compared to the IPO issue price of ₹700.
Is SBI Life Insurance Company Limited IPO a Mainboard or SME IPO?
SBI Life Insurance Company Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of SBI Life Insurance Company Limited IPO since its IPO?
At the latest market quote of ₹1,640, SBI Life Insurance Company Limited IPO has generated an all-time return of +134.29% since its initial public offering.

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