September 20, 2017 - September 22, 2017

SBI Life Insurance IPO Subscription Details

IPO Detail

SBI Life Insurance IPO Anchor Investor Allocation

A total of 3,18,00,000 shares at a price of Rs 700 per share will be allotted to the anchor investors.

Anchor investors bid opening date	Sep 19, 2017
Anchor investor price	₹700.00
Anchor investors as % of QIBs	60.00%
No. of shares locked-in for 30 days	1,59,00,000
No. of shares locked-in for 90 days	1,59,00,000

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.	Anchor Investor	Group Entity	No. of Shares Allotted	Amount (Rs.cr.)	% Allotment within Anchor Investor Portion	% Allotment of Issue
1	HDFC VALUE FUND	HDFC MUTUAL FUND	1,28,562	9.00	0.40	0.11
2	HDFC BALANCED ADVANTAGE FUND	HDFC MUTUAL FUND	20,14,299	141.00	6.33	1.68
3	HDFC EQUITY SAVINGS FUND	HDFC MUTUAL FUND	2,85,705	20.00	0.90	0.24
4	CANADA PENSION PLAN INVESTMENT BOARD	CANADA PENSION PLAN INVESTMENT BOARD	22,42,852	157.00	7.05	1.87
5	ICICI PRUDENTIAL VALUE FUND	ICICI PRUDENTIAL MUTUAL FUND	11,71,905	82.03	3.69	0.98
6	ICICI PRUDENTIAL ELSS TAX SAVER FUND	ICICI PRUDENTIAL MUTUAL FUND	9,72,489	68.07	3.06	0.81
7	GOVERNMENT OF SINGAPORE	GOVERNMENT OF SINGAPORE	15,57,549	109.03	4.90	1.30
8	ARANDA INVESTMENTS (MAURITIUS) PTE.LTD.	ARANDA INVESTMENTS	13,91,439	97.40	4.38	1.16
9	PIONEER INVESTMENT FUND	PIONEER	12,14,325	85.00	3.82	1.01
10	NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	NIPPON INDIA MUTUAL FUND	6,07,131	42.50	1.91	0.51
11	NIPPON INDIA AGGRESSIVE HYBRID FUND	NIPPON INDIA MUTUAL FUND	6,07,152	42.50	1.91	0.51
12	ADITYA BIRLA SUN LIFE FOCUSED FUND	ADITYA BIRLA SUN LIFE MUTUAL FUND	2,25,456	15.78	0.71	0.19
13	ADITYA BIRLA SUN LIFE EQUITY HYBRID '95 FUND	ADITYA BIRLA SUN LIFE MUTUAL FUND	5,20,716	36.45	1.64	0.43
14	ADITYA BIRLA SUN LIFE FLEXI CAP FUND	ADITYA BIRLA SUN LIFE MUTUAL FUND	1,77,135	12.40	0.56	0.15
15	ADITYA BIRLA SUN LIFE BANKING & FINANCIAL SERVICES FUND	ADITYA BIRLA SUN LIFE MUTUAL FUND	2,18,610	15.30	0.69	0.18
16	ADITYA BIRLA SUN LIFE INDIA EXCEL (OFFSHORE) FUND	ADITYA BIRLA SUN LIFE MUTUAL FUND	72,366	5.07	0.23	0.06
17	ABU DHABI INVESTMENT AUTHORITY-BEHAVE	ABU DHABI INVESTMENT	10,57,140	74.00	3.32	0.88
18	FIL INVESTMENTS (MAURITIUS) LTD.	FIDELITY	10,57,140	74.00	3.32	0.88
19	AXIS EQUITY SAVINGS FUND	AXIS MUTUAL FUND	85,722	6.00	0.27	0.07
20	AXIS BALANCED ADVANTAGE FUND	AXIS MUTUAL FUND	2,71,425	19.00	0.85	0.23
21	AXIS LARGE CAP FUND	AXIS MUTUAL FUND	3,57,147	25.00	1.12	0.30
22	AXIS EQUITY ADVANTAGE FUND-SERIES 1	AXIS MUTUAL FUND	71,421	5.00	0.22	0.06
23	AXIS CHILDREN'S FUND	AXIS MUTUAL FUND	2,14,284	15.00	0.67	0.18
24	DSP LARGE CAP FUND	DSP MUTUAL FUND	1,57,206	11.00	0.49	0.13
25	DSP FLEXI CAP FUND	DSP MUTUAL FUND	1,09,998	7.70	0.35	0.09
26	DSP AGGRESSIVE HYBRID FUND	DSP MUTUAL FUND	1,98,513	13.90	0.62	0.17
27	DSP EQUITY SAVINGS FUND	DSP MUTUAL FUND	21,168	1.48	0.07	0.02
28	DSP FOCUSED FUND	DSP MUTUAL FUND	1,31,166	9.18	0.41	0.11
29	DSP INDIA T.I.G.E.R.FUND	DSP MUTUAL FUND	73,059	5.11	0.23	0.06
30	DSP ELSS TAX SAVER FUND	DSP MUTUAL FUND	1,45,866	10.21	0.46	0.12
31	DSP LARGE & MID CAP FUND	DSP MUTUAL FUND	1,57,983	11.06	0.50	0.13
32	DSP REGULAR SAVINGS FUND	DSP MUTUAL FUND	5,040	0.35	0.02	0.00
33	KOTAK FLEXICAP FUND	KOTAK MAHINDRA MUTUAL FUND	6,74,016	47.18	2.12	0.56
34	KOTAK LARGE CAP FUND	KOTAK MAHINDRA MUTUAL FUND	1,42,842	10.00	0.45	0.12
35	KOTAK AGGRESSIVE HYBRID FUND	KOTAK MAHINDRA MUTUAL FUND	1,58,151	11.07	0.50	0.13
36	KOTAK EQUITY SAVINGS FUND	KOTAK MAHINDRA MUTUAL FUND	14,280	1.00	0.04	0.01
37	KOTAK DEBT HYBRID FUND	KOTAK MAHINDRA MUTUAL FUND	10,710	0.75	0.03	0.01
38	UTI LARGE CAP FUND	UTI MUTUAL FUND	4,28,568	30.00	1.35	0.36
39	UTI MASTER EQUITY PLAN UNIT SCHEME	UTI MUTUAL FUND	3,57,126	25.00	1.12	0.30
40	UTI BANKING & FINANCIAL SERVICES FUND	UTI MUTUAL FUND	1,85,724	13.00	0.58	0.15
41	UTI CHILDREN'S EQUITY FUND	UTI MUTUAL FUND	28,581	2.00	0.09	0.02
42	HSBC GLOBAL INVESTMENT FUNDS-INDIAN EQUITY	HSBC	7,85,778	55.00	2.47	0.65
43	WELLS FARGO EMERGING MARKETS EQUITY FUND	WELLS FARGO	7,14,273	50.00	2.25	0.60
44	SUNDARAM VALUE FUND	SUNDARAM MUTUAL FUND	3,20,040	22.40	1.01	0.27
45	SUNDARAM LARGE & MID CAP FUND	SUNDARAM MUTUAL FUND	42,000	2.94	0.13	0.03
46	SUNDARAM LARGE CAP FUND	SUNDARAM MUTUAL FUND	84,630	5.92	0.27	0.07
47	SUNDARAM AGGRESSIVE HYBRID FUND	SUNDARAM MUTUAL FUND	99,540	6.97	0.31	0.08
48	SUNDARAM FINANCIAL SERVICES OPPORTUNITIES FUND	SUNDARAM MUTUAL FUND	25,200	1.76	0.08	0.02
49	MONETARY AUTHORITY OF SINGAPORE	MONETARY AUTHORITY OF SINGAPORE	5,42,451	37.97	1.71	0.45
50	RELIANCE VENTURES LTD.	RELIANCE	4,99,989	35.00	1.57	0.42
51	BLACKROCK GLOBAL ALLOCATION FUND,INC.	BLACKROCK	4,47,299	31.31	1.41	0.37
52	KUWAIT INVESTMENT AUTHORITY FUND 225	KUWAIT INVESTMENT AUTHORITY	4,28,589	30.00	1.35	0.36
53	BLACKROCK GLOBAL FUNDS-ASIAN DRAGON FUND	BLACKROCK	4,20,333	29.42	1.32	0.35
54	EASTSPRING INVESTMENTS-INDIA BALANCED FUND	EASTSPRING	2,85,705	20.00	0.90	0.24
55	GRANDEUR PEAK GLOBAL TRUST-GRANDEUR PEAK INTERNATIONAL STALWARTS FUND	GRANDEUR PEAK	2,85,705	20.00	0.90	0.24
56	ROCHDALE EMERGING MARKETS (MAURITIUS)	ROCHDALE	2,85,705	20.00	0.90	0.24
57	INDUS INDIA FUND (MAURITIUS) LTD.	INDUS	2,85,705	20.00	0.90	0.24
58	SEGANTII INDIA (MAURITIUS)	SEGANTII INDIA	2,85,705	20.00	0.90	0.24
59	MIRAE ASSET ASIA SECTOR LEADER EQUITY FUND	MIRAE	2,85,705	20.00	0.90	0.24
60	BARON EMERGING MARKETS FUND	BARON	2,73,966	19.18	0.86	0.23
61	HSBC INDIAN EQUITY MOTHER FUND	HSBC	2,71,362	19.00	0.85	0.23
62	UNIVERSITY OF NOTRE DAME DU LAC	UNIVERSITY OF NOTRE DAME DU LAC	2,42,844	17.00	0.76	0.20
63	GMO EMERGING DOMESTIC OPPORTUNITIES FUND,A SERIES OF GMO TRUST	GMO	2,33,163	16.32	0.73	0.19
64	TATA BANKING & FINANCIAL SERVICES FUND	TATA MUTUAL FUND	71,421	5.00	0.22	0.06
65	TATA ELSS FUND	TATA MUTUAL FUND	1,57,143	11.00	0.49	0.13
66	HSBC FLEXI CAP FUND	HSBC MUTUAL FUND	79,989	5.60	0.25	0.07
67	HSBC LARGE CAP FUND	HSBC MUTUAL FUND	1,20,015	8.40	0.38	0.10
68	HSBC SMALL CAP FUND	HSBC MUTUAL FUND	28,560	2.00	0.09	0.02
69	BANDHAN BALANCED ADVANTAGE FUND	BANDHAN MUTUAL FUND	42,861	3.00	0.13	0.04
70	BANDHAN FLEXI CAP FUND	BANDHAN MUTUAL FUND	1,85,703	13.00	0.58	0.15
71	HSBC FLEXI CAP FUND	HSBC MUTUAL FUND	2,28,564	16.00	0.72	0.19
72	BARODA BNP PARIBAS MULTI CAP FUND	BARODA BNP PARIBAS MUTUAL FUND	2,28,564	16.00	0.72	0.19
73	BLACKROCK GLOBAL FUNDS-GLOBAL ALLOCATION FUND	BLACKROCK	2,12,675	14.89	0.67	0.18
74	AFFIN HWANG SELECT ASIA PACIFIC (EX JAPAN) DIVIDEND FUND	AFFIN HWANG	1,92,045	13.44	0.60	0.16
75	WASHINGTON UNIVERSITY-CHANAKYA CAPITAL PARTNERS	WASHINGTON UNIVERSITY-CHANAKYA CAPITAL PARTNERS	1,85,724	13.00	0.58	0.15
76	BLACKROCK GLOBAL FUNDS-WORLD FINANCIALS FUND	BLACKROCK	1,72,477	12.07	0.54	0.14
77	ADITYA BIRLA SUN LIFE INSURANCE CO.LTD.	ADITYA BIRLA SUN LIFE INSURANCE	1,64,283	11.50	0.52	0.14
78	HDFC STANDARD LIFE INSURANCE CO.LTD.	HDFC STANDARD LIFE INSURANCE	1,64,283	11.50	0.52	0.14
79	MAX LIFE INSURANCE CO.LTD.-ULIF 00125/06/04 LIFEGROWTH104-GROWTH FUND	MAX LIFE INSURANCE	1,64,283	11.50	0.52	0.14
80	SHRIRAM LIFE INSURANCE CO.LTD.-POLICY HOLDERS FUND	SHRIRAM LIFE INSURANCE	1,64,283	11.50	0.52	0.14
81	EXIDE LIFE INSURANCE CO.LTD.-POOL ACCOUNT	EXIDE LIFE INSURANCE	1,64,283	11.50	0.52	0.14
82	RELIANCE NIPPON LIFE INSURANCE CO.LTD.	RELIANCE NIPPON LIFE INSURANCE	1,64,283	11.50	0.52	0.14
83	STAR UNION DAI-ICHI LIFE INSURANCE CO.LTD.	STAR UNION DAI-ICHI LIFE INSURANCE	1,64,283	11.50	0.52	0.14
84	GOVERNMENT PENSION FUND GLOBAL	GOVERNMENT PENSION FUND GLOBAL	1,52,904	10.70	0.48	0.13
85	PICTET-INDIAN EQUITIES	PICTET	1,49,982	10.50	0.47	0.12
86	RETAIL EMPLOYEES SUPERANNUATION PTY.LTD.AS TRUSTEE FOR RETAIL EMPLOYEES SUPERANNUATION TRUST	RETAIL EMPLOYEES SUPERANNUATION TRUST	1,42,884	10.00	0.45	0.12
87	IIFL SPECIAL OPPORTUNITIES FUND-SERIES IV	IIFL	1,42,863	10.00	0.45	0.12
88	CI ASIAN TIGER FUND	CI ASIAN TIGER	1,42,821	10.00	0.45	0.12
89	PICTET ASIAN EQUITIES EX JAPAN	PICTET	1,35,723	9.50	0.43	0.11
90	BLACKROCK GLOBAL ALLOCATION V.I.FUND OF BLACKROCK VARIABLE SERIES FUNDS,INC.	BLACKROCK	1,22,880	8.60	0.39	0.10
91	BLACKROCK INDIA EQUITIES (MAURITIUS) LTD.	BLACKROCK	1,13,893	7.97	0.36	0.09
92	UNISUPER LTD.AS TRUSTEE FOR UNISUPER	UNISUPER	1,04,718	7.33	0.33	0.09
93	KUWAIT INVESTMENT AUTHORITY FUND 224	KUWAIT INVESTMENT AUTHORITY	95,267	6.67	0.30	0.08
94	AFFIN HWANG SELECT ASIA PACIFIC (EX JAPAN) DIVIDEND FUND	AFFIN HWANG	93,660	6.56	0.29	0.08
95	BLACKROCK PACIFIC FUND,INC.	BLACKROCK	83,632	5.85	0.26	0.07
96	MASTER TRUST BANK OF JAPAN LTD.,THE AS TRUSTEE OF BLACKROCK INDIA EQUITY FUND	BLACKROCK	81,044	5.67	0.25	0.07
97	BLACKROCK ASIA FUND	BLACKROCK	80,071	5.60	0.25	0.07
98	BLACKROCK GLOBAL FUNDS-PACIFIC EQUITY FUND	BLACKROCK	78,215	5.48	0.25	0.07
99	RUSSELL INVESTMENT CO.II PLC-RUSSELL INVESTMENTS EMERGING MARKETS EXTENDED OPPORTUNITIES FUND-BLACKROCK ASSET MANAGEMENT NORTH ASIA LTD.	RUSSELL	77,445	5.42	0.24	0.06
100	ORIENTAL INSURANCE CO.LTD.,THE	ORIENTAL INSURANCE	71,457	5.00	0.22	0.06
101	GP EMERGING MARKETS STRATEGIES,LP	GP EMERGING MARKETS STRATEGIES	71,442	5.00	0.22	0.06
102	MASSACHUSETTS INSTITUTE OF TECHNOLOGY 2	MASSACHUSETTS INSTITUTE OF TECHNOLOGY	71,442	5.00	0.22	0.06
103	GMO EMERGING MARKETS FUND,A SERIES OF GMO TRUST	GMO	52,542	3.68	0.17	0.04
104	DESTINATIONS INTERNATIONAL EQUITY FUND,A SERIES OF BRINKER CAPITAL DESTINATIONS TRUST	DESTINATIONS	11,739	0.82	0.04	0.01
			3,18,00,000	2,226.00	100	26.50

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors (NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc. who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors (RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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SBI Life Insurance IPO Subscription FAQs

The SBI Life Insurance IPO is subscribed 3.5537 times by Sep 22, 2017 17:00.