SBI Life Insurance Company Ltd IPO Message Board (Page 37)

IPO IS NOT DISPLAYONG ON IPO PAGE OF UNION BANK OF INDIA

Is there any discount for SBI share holders or SBI account holders? If not, then why apply in them?

Sbi life Company is bringing the issue at p/e multiple of 55-56 on post issue Q1FY18 annualized eps of Rs 12.54. At upper band, co is trading at P/EV multiple of 4.23x which is slightly higher .Although co has enjoyed superior growth but looking after valuation, my personal recommend "Subscribe” on issue for long term.

for shareholder catagory..one should have sbi share on which date in dmat account

11 September

Source:-
SBI Anchors Unsubscribed
Unsusbcribed Portion will be added to QIBs
If QIBs is not Subcribed Issue Will be cancelled

Avoid SBI

Expecting Better Numbers then ICICI Lombard General Insurance IPO in SBI Life Insurance Company IPO

King Vinod

SBI life insurance with such a high market cap to embedded value ratio compare to its listed peer ICICI Prudential can never be a good bet.

Since market decides subscription of an IPO it''s hard to tell whether it will be better.

But this IPO will be a "super flop" due to its greedy promoters.

Hope both ICICI and SBI should have learnt something from Coal India IPO (Rs.15000 Cr IPO) and rewarded retail investors.

But this two branded group are just greedy and their top management are corrupt. Hence they have NPA issues too.

Avoid SBI life IPO and trade isecondary market in momentum stocks with strict stop loss.You will do better.

yes if sbi life supported by investors, thn we will see same highly price in HDFC life also.

The IPO mart will continue to celebrate early Diwali with SBI Life Insurance’s mega IPO scheduled to open on September 20.

It will attract investors more than ICICI Lombard.

Lets see...hopefully little gains here.

Arjun Patel sir. Sbi life apply or not? View for long term and short term. Regards.

As per RHP -

Eligible SBI shareholders can bid at the shareholders quota as well as in Retail category.

Bids by State Bank Shareholders in State Bank Shareholders Reservation Portion (subject to the Bid Amount being
up to Rs 200,000) and in the Net Offer portion shall not be treated as multiple Bids. Further, Bids by State Bank
Shareholders in State Bank Shareholders Reservation Portion (subject to the Bid Amount being up to Rs 200,000) and
in the Employee Reservation Portion (as Eligible Employees), shall not be treated as multiple Bids. Our Company
reserves the right to reject, in its absolute discretion, all or any multiple Bids in any or all categories. For further
details, see “Offer Procedure – Multiple Bids” on page 463.

Hope this helps all who have questions around the quota thing....

Does that mean a person who is shareholder of SBI can bid for upto 4 Lakhs worth shares ( 2 lakhs worth shares in retail category + 2 lakhs worth shares in shareholder category) ?

Who are eligible for employee subscription
SBI employee?
OR
SBI LIFE employee?

I am posting WARNING message so that other people don''t get loss. But moderator removes my message, it seems they sell the data and get commission from fraud research houses.

Send the message again. ONE THING REMEMBER THAT EVERY EXPERT OR PANDIT HAS THEIR OWN BENEFIT TO RECOMMEND THE STOCK. IN THE WORLD OXYGEN WE PURCHASE, SO TIPS OF STOCK FREE IS STRENGH.

Can anyone please share the anchor list?

After poor response to ICICI Lomabrd, let us see response to SBI Life

Response will be much better than icici.

Ya, life insurance is much different than its general counterpart.

Is there any lockin period for shares bought under employees quota in ipo

SBI Life Insurance IPO

HEM Securities - Subscribe
IIFL Wealth - Subscribe
Centrum Broking - Subscribe
Vrinda Aditya (Asit C. Mehta) - Subscribe
SPTulsian - Subscribe
Anil Singhvi (CNBC) - Both ICICI Lombard & SBI Life AVOIDABLE from listing gains view.

I have 2 demat a/c with same PAN number so can i apply both demat a/c and application is accepted or rejected when apply on both a/c.

2 of 1, 1 a/c is joint a/c so at the time of apply can i add joint a/c PAN number in the application, so it is OK or rejected..

PAN of first holder is taken for determination as applicant, if you are second holder in another account, you can apply both but if you are first holder in both account, apply in only one account else both application shall be rejected on account of multiple application.

I have 2 DMAT accounts with the same Broker. One in my name and another one my wife as primary and me as secondary. If I submit the application for each of the DMAT account, will both get rejected? Sorry this is similr to the question which Arpith asked and awaiting response.

SBI Life Insurance company Limited IPO
Equity shares outstanding prior to this Issue: 1,000,000,000Shares
Fresh Issue of 0 Equity Shares @ INR 700 aggregating to INR 0 Crore.
Offer for Sale of 120,000,000 Equity shares@ INR 700 aggregating to INR 8400 Crore.
Total Issue of 120,000,000 Equity Shares @ INR 700 aggregating to INR 8400 Crore
Equity Shares outstandingafter the Issue = 1,000,000,000 Equity Shares
Category wise breakup:
Employee Reservation Portion:2,000,000Equity Shares
SBI Shareholders Reserver Portion:12,000,000 Equity Shares
Anchor- 31,800,000 shares= INR 2226 Crore
Net QIB=21,200,000 shares = INR 1484 Crore
NII @ 15%= 15,900,000 Shares = INR 1113 crore
RII @ 35%= 37,700,000 Shares=INR 2597 Crore
Total Issue= 120,000,000 shares = INR 8400 Crore
Subscription Required to 1X
RII=1795238 Forms
NII=INR 1113 Crore
Interest Cost@ 7% p.a. for 7 days= INR 134.25 for 1 L
Financial Information ( Basis of Valuation)
EPS for FY 14-15>>> INR 08.15( Page#87 of RHP)
EPS for FY 15-16>>> INR 08.44( Page#87 of RHP)
EPS for FY 16-17>>> INR 09.55( Page#87 of RHP)
RoNW for FY 14-15>>> 21.99% ( Page#88 of RHP)
RoNW for FY 15-16>>> 19.21% ( Page#88 of RHP)
RoNW for FY 16-17>>> 18.56% ( Page#88 of RHP)
Consolidated NAV as on June 30, 2017 >>>
INR 58.79 FV (INR 10)( Page# 88 of RHP)
Listed Industry Peer>>>( Page#88 of RHP)
ICICI Prudential Life Ltd (based on 16-17 Statements)
FV INR 10,EPS INR 11.72, NAV INR 44.63 CMPINR 423 PE 36.09,RoNW:28.67%

It''s a good response To Icici ... Remember it''s a very big Ipo of 5700 Cr ... & It''s oversubscribed by 3 times with investors who were well aware of Long term benefits.... SBI will be the same minimal listing gains but a safe bet for long term gains.

SBI Life IPO, Very detailed Comparison with ICICI Pru Life http://wp.me/p7zwuc-Nt