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SBI Life Insurance IPO Subscription Details

Bookbuilding IPO | ₹8,389 Cr | Listed at BSE, NSE | Wed, Sep 20, 2017 - Fri, Sep 22, 2017

Basis of Allotment - SBI Life Insurance IPO

Category QIB NII Retail Employees Shareholders Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)2,12,00,0003,18,00,0005,30,00,0001,59,00,0003,71,00,00020,00,0001,20,00,00012,00,00,000
Allotment price (Rs.)700700700700700632700699
No.of applications1511082591,0809,31,71315,90834,1929,83,152
No.of shares applied26,64,67,4883,18,00,00029,82,67,4881,01,08,1612,89,93,54516,57,55142,25,72534,32,52,470
Amount collected (Rs.cr.)18,652.72 2,226.00 20,878.72 707.57 2,029.55 104.76 295.80 23,995.43
No.of times subscribed12.571.005.630.640.780.830.352.86
No.of shares allotted4,33,26,9063,18,00,0007,51,26,90699,96,2732,89,93,54516,57,55142,25,72512,00,00,000
Amount (Rs.cr.)3,032.88 2,226.00 5,258.88 699.74 2,029.55 104.76 295.80 8,388.73
No.of allottees1491082579859,36,71315,90834,1929,88,055

IPO Shares Offered

SBI Life Insurance IPO is a public issue of 12.00 Cr equity shares. The issue offers 3.71 Cr shares to retail investors, 5.30 Cr shares to qualified institutional buyers, and 1.59 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 5,30,00,0003,710.00 44.17%
    Anchor 3,18,00,000 2,226.00 26.50%
    QIB (Ex Anchor) 2,12,00,000 1,484.00 17.67%
NII 1,59,00,0001,113.00 13.25%
Retail3,71,00,0002,597.00 30.92%
Employee20,00,000140.00 1.67%
Total12,00,00,0008,400.00 100%

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 dateSep 19, 2017
Anchor investor price₹700.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days1,59,00,000
No. of shares locked-in for 90 days1,59,00,000

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (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
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
3,18,00,0002,226.0010026.50

IPO Subscription FAQs

The SBI Life Insurance IPO is subscribed 3.55772238095238 times by Sep 22, 2017 17:00.

SBI Life Insurance IPO Subscription

Investor Category Subscription (times)
Qualified Institutional12.5599008962264
Non Institutional0.696300566037736
Retail Individual0.806000377358491
Employee Reservations1.021902
Total Subscription3.55772238095238

Retail category of SBI Life Insurance IPO subscribed 0.806000377358491 times as of date Sep 22, 2017 17:00. The public issue closes on Fri, Sep 22, 2017 for bidding.

An investor can apply in SBI Life Insurance IPO online via bank (using ASBA) or the broker (using UPI). The SBI Life Insurance IPO shares are offered online only.

The SBI Life Insurance IPO is subscribed 3.55772238095238 times by Sep 22, 2017 17:00.

The SBI Life Insurance IPO allotment status is expected on or around Wednesday, September 27, 2017. Visit SBI Life Insurance IPO allotment status to check.

The SBI Life Insurance IPO listing date is October 3, 2017. The equity share of SBI Life Insurance IPO will list on BSE, NSE.

Visit SBI Life Insurance IPO subscription status page for real-time bidding information about SBI Life Insurance IPO.

SBI Life Insurance IPO Timetable

IPO opens OnWednesday, September 20, 2017
IPO Closes OnFriday, September 22, 2017
Finalisation of Basis of AllotmentWednesday, September 27, 2017
Initiation of RefundsThursday, September 28, 2017
Credit of Shares to Demat AccountFriday, September 29, 2017
IPO Listing DateTuesday, October 3, 2017

Read more about SBI Life Insurance IPO

IPO Details
IPO Recommendations
IPO Live Subscription
IPO Live News
IPO Allotment Status
IPO Basis of Allotment Document
IPO FAQs

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