SBI Life Insurance Company Ltd - Prospectus Synopsis

SBI Life Insurance Company Ltd RHP

Registered Office : Natraj M V Road Andheri(East) , Western Express Highway Juncti , Mumbai - 400069 , Maharashtra , India.

Phone : 91-22-61910000  Fax : 91-22-61910338

Email : investor@sbilife.co.in/aniket.karandikar@sbilife.c    Website : www.sbilife.co.in

Initial public offer of 120,000,000* equity shares of face value of Rs. 10 each (equity shares) of SBI Life Insurance Company Limited (the company) for cash at a price of Rs. 700 per equity share aggregating to Rs. 8386.4* Crores, through an offer for sale by State Bank of India and BNP Paribas Cardif s.a. (promoter selling shareholders) of 80,000,000* equity shares and 40,000,000* equity shares, respectively, aggregating to Rs. 5590.93* Crores and Rs. 2795.47* Crores, respectively (the offer). This offer includes a reservation of 2,000,000* equity shares (constituting 0.2%* of the post-offer paid-up share capital) for purchase by eligible employees at a discount of 9.71% (equivalent to Rs. 68) on the offer price (as defined in definition and abbreviations) aggregating to Rs. 126.4* Crores (the employee reservation portion) and a reservation of 12,000,000* equity shares (constituting 10%* of the offer) for purchase by state bank shareholders (as defined in definition and abbreviations) for cash at a price of Rs. 700 per equity share aggregating to Rs. 840* Crores (the state bank shareholders reservation portion). The offer constitutes 12%* of the post-offer paid-up share capital and the net offer constitutes 10.60%* of the post-offer paid-up share capital. The face value of the equity shares is Rs. 10 each. The offer price is Rs. 700 per equity share and is 70 times the face value of the equity shares. *subject to finalisation of the basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Sep-2017 22-Sep-2017 Rs 700 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 21 Further Multiples of : 21
  Rs Cr Lead Managers to the Issue
Project Cost 0 Axis Capital Ltd
Project Financed through Current Offer 8386.4  
Post Issue Equity Share Capital 1000  
Issue Price Rs. 700  
Projects
Promoted By Listing At Registrar to the Issue
BNP Paribas Cardif S.A.
State Bank of India
Mumbai KFin Techologies Pvt Ltd
 

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