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SBI Life IPO Prospectus
What Are Analysts Saying?
SBI Life Insurance has a good potential to grow, subscribe the issue
Ventura Securities, 21 Sep 2017
SBIL has developed a multi-channel distribution network comprising an expansive bancassurance channel, including State Bank, the largest bancassurance partner in India, a large and productive individual agent network.
SBI Life Insurance IPO: A good player amongst other private peers
Prabhudas Lilladher, 21 Sep 2017
SBI Life’s business growth has improved with CAGR of 35.5% in last 3 years but mainly in the ULIP business (71% APE mix from 35% in FY14) which passed through a very tough regulatory period from FY11‐FY13.
SBI Life IPO: A compelling investment?
Rudra Shares and Stock Brokers, 20 Sep 2017
The company’s financial performance has been strong with revenue & PAT grown at a CAGR of 19.2% & 11% over last five years, ROE at 22% for Q1FY18 & with its strong brandname and wide distribution network is one of the best plays for Indian Life Insurance industry.
SBI Life IPO: Subscribe for long term
SPA Securities, 20 Sep 2017
CRISIL Research forecasts new business premium for life insurers to grow at 11-13% CAGR from fiscals 2017 to 2022, compared with 9% CAGR between fiscals 2012 and 2017.
Key concerns to remember before subscribing to SBI Life Insurance IPO
HDFC Sec, 20 Sep 2017
An inability to maintain market share, implement growth strategies or effectively address the requirements of specific customer segments by maintaining a strategic portfolio of insurance products may materially and adversely affect its business operations and prospects, and consequently its financial condition and results of operations
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Issue Details
Open Date: 20 Sep 17
Close Date: 22 Sep 17
Offer Price: Rs. 685
Issue Size: Rs. 8,400.00 Cr
Min Application Amount:
Rs. 14385
Min bid (No. of shares): 21
Listing Exchanges: BSE, NSE
About the Company
"Incorporated in 2000, SBI Life Insurance Company Limited is India based private life insurer. SBI Life Insurance is a joint venture between the State Bank and BNPPC. State Bank is India's largest commercial bank. BNPPC, an insurance subsidiary of BNP Paribas, with operations across 36 jurisdictions internationally, is among the leading credit life insurance businesses globally. BNP Paribas is in top 10 global financial institution in terms of revenue.
SBI Life has product a portfolio of 37 individual and group products, including a range of protection and savings products to address the insurance needs of diverse customer segments.

Company has developed a multi-channel distribution network comprising bank branches of SBI and its associated banks, individual agent network (93,849 agents) and 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."
Objective of the Issue
"Objects of the Issue:

The objects of the Offer are to achieve the benefits of listing Equity Shares on the Stock Exchanges and to carry out the sale of up to 120,000,000 Equity Shares by the Selling Shareholders."
Subscription Details
Investor Category No of times
Qualified Institutional Investor -
Non Institutional Investor -
Retail Investor -
Total -