Sunday, September 17, 2017

SBI LIFE INSURANCE CO.LTD.- IPO.

SBI Life Insurance Co.Ltd-IPO -Price Band of Rs.685/- To Rs.700/- per equity share.

Face value :Rs.10/- per equity share.

Public offering by SBI upto  80,000,000 equity shares & BNP Paribas Cardiff S.A
upto 40,000,000 equity shares

Presently State Bank of India holds 70.1% & BNP Paibas Cardiff S.A holds 26%.
Post IPO, SBI will hold 62.1% & BNP Paribas S.A will hold 22%.

The issue will open on September,20,2017 & will close on September,22,2017.

Bids can be made for a  minimum  of 21 equity shares & in multiples of 21 equity
shares thereafter.

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