SBI Life Insurance Company Limited IPO – GMP, Review, Share Price, Subscription, and Details

1.SBI Life Insurance Company Limited IPO Overview

The initial public offering (IPO) of SBI Life Insurance Company Limited is a public issue under the Mainboard board. The subscription window is scheduled to open on Sep 20, 2017 and close on Sep 22, 2017, with the price band fixed at ₹685–700 per equity share.

2.Issue Details at a Glance

3.Bidding, Allotment & Listing Timeline

• Bidding opens: Sep 20, 2017
• Bidding closes: Sep 22, 2017
• Allotment date: TBA
• Listing date: 2017-10-03
• Minimum investment: ₹14,385 for 21 shares

4.SBI Life Insurance Company Limited IPO GMP Today

No grey market premium has been recorded for SBI Life Insurance Company Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for SBI Life Insurance Company Limited IPO

1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
2. 2Search for "SBI Life Insurance Company Limited IPO" and select it from the list of current issues.
3. 3Choose your demat account and enter your bid quantity in multiples of the 21-share lot, at a price within the ₹685–700 band (or bid at cut-off, if eligible).
4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2017-10-03 on BSE and NSE. Once finalised, check your status on the SBI Life Insurance Company Limited IPO allotment status page.

6.How to Track Subscription & Allotment

• Live subscription: Track QIB, NII and retail bidding on the IPO subscription status page
• Allotment status: Check your application on the IPO allotment status page
• Full IPO details: See dates, lot size, reservation and financials on the SBI Life Insurance Company Limited IPO page
• More issues: Browse current IPOs, upcoming IPOs and the IPO event calendar

7.Conclusion

SBI Life Insurance Company Limited opens on Sep 20, 2017 and closes on Sep 22, 2017 at ₹685–700 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.