SBI Life Insurance Company Ltd IPO Message Board (Page 32)

Can the pensioners apply under employee quota?

No. You need to be employee on date of application. However you can apply in public category as well as shareholder category if you have share of SBI in your portfolio on date of RHP i.e. 11th Sep 2017

Of late, I think most of the IPOs coming to the market is grossly overpriced. Issues like SSI, Matrimony, Bharat Road, ICICI Gen, SBI Life, Prataap etc will badly hurt Retailers and force them to stay away from the market. Retailers should be causious about the greedy promotors and Lead Managers​ and teach them a lesson by avoiding such issues.

But @jajo , we retailers didnt''t thing such things......& finally burnt hands

You are right !!!

SBI life is a big fund share and not for short term individuals and surely not for short term speculators. Such shares will give more return than F.D. in banks. Life insurance is a good business and over a period will give decent returns. Steady long term investors are applying ...

Major correction in market is due. Fair value of both SBI + ICICI is 450-500 range on upper side. So buy in correction only. Both will list 5% discount to issue price.

QIB = 1.58x
NII = 0.08x
RII = 0.37x
EMP = 0.45x
SHL = 0.11x

Total = 0.58x

Better to avoid this IPO. Pratap snacks will be good bet. SBI life may not list at premium due to vey big size of issue. Though coal India, inspite of big issue, listed at good premium. Same listing is difficult for SBI Life. I will not apply for this IPO.

Correction
SBI Life Insurance Company Limited IPO update Day 2 @ 4:00pm
QIB - 132%
HNI - 8%
RII - 34%
Employee - 44
Shareholders - 1.1%(Almost)
Over all - 50%

teach greedy leader manager a lesson.
they are pricing for such large issue p/e of 74 which is surprising

no use to apply as no gains sen for atleast an year

Correction
SBI Life Insurance Company Limited IPO update Day 2 @ 1:30pm
QIB - 6%
HNI - 2%
RII - 25%
Employee - 19%
Shareholders - 1%(Almost)
Over all - 14%

Shareholder was 11% at that time not 1%

SBI Life Insurance Company Limited IPO update Day 2 @ 03:30pm
QIB - 1.30x
HNI -0.07x
RII - 0.32x
Employee - 0.45x
Shareholders - 0.01x
Over all - 0.48x

Almost 50% Subscription done. Just one more day left. Lets see how much subscription will be there in SBI Life IPO by tomorrow closing.

defnitely it will sail thru.

QIB will help them in the last min or else LIC is there for this


LIC will get a call & they will do 1 time subscription

Shareholder is 0.11 not 0.01 at the moment when you reported

I feel this will be subscribed for more than 10 times coz kal capacite ka paisa release hoga and public isme paisa roll karegi.

True, but 10 times is an exaggeration..atmost 1X or 1.5X that also pushed by QIBs

I am SBI bank shareholder.
witch category i apply sbi life insurance company ipo.?
individual or shareholder.?

i am new to market hence asking this doubt

shareholder

You are eligible to apply in both without rejection of application. You can put 1 lot in retail and more in shareholder quota as it is on prorata basis

I have only 20 shares in my Demat a/c since 8th of september,2017. I am eligible for shareholder category or not? please guide me.

.

Even if you had 1 share of SBI as on date of RHP i.e. 11th Sep 2017 you are entitled to apply. Shareholder segment is pro rata. Not lot wise as in case of retail. So you can aim for bigger allotment in shareholder quota as compared to retail quota

Can I apply at lower price band in shareholder quota?
Looks like shareholder quota won''t subscribe 100%.

So if I apply at lower price band and quota is not 100%, will I get allotment?

No. Price demand is judged for full issue, Not for individual segments

GMP
ICICI 3 -4
SBI 11 - 12
CAPACIT 165 - 167
PRATAAP 315 - 325

Caution! Look at the Matrimony listing it was subscribed by 18 time retailer segment. SBI life is also asking 50+ more than its peer of ICICI Prudential when calculating PE ratio. So guys SBI will be listed at least 100 Rs discount and poor people who do not know about the market and calculations they apply this huge IPO and loose money straight away.

for Long Term you may buy this from NSE/BSE.

Strictly avoid SBI Life. HDFC Life much better company - listing in Q3.

at the current rate, not sure if this IPO will sail through

I will easily scrape through with the help of QIBs. Retail full allotment.

SBI LIFE:

Apply for mid to long term. No loss in long term. Good profit in long term.

But why do you want to apply for long term in an over priced IPO? If you are a long term investor, better wait for the prices to settle after listing and then invest.

Thanks Patel Ji
Planning for the same and your comments confirm this

Guys dont get trapped to invest in this IPO. Asses the reality, its PE ratio is 73.3 and ICIC Prudential is at 21.45. That means it is asking more than 50 times than the real stock price. By mistake any retailer invests dont know the reality their money will be looted by SBI with no time. Investors be cautious and do not get trapped!

Please be available on listing day on forum

Only avoid
As per my knowledge 53%bussiness throught
SBI employee/branches .all business under
Pressure
Kisi SBI employee se patta kijiyay

You are correct. But at the same time every insurance company in India is mis selling. Or at least they do not advise holistic picture to customers. LIC is to some extent is exception. Because it is oldest and is considered as govt owned by masses.

Will see your knowledge on listing days.
No offence, if you will right then will follow you totally and if not then please tell us