September 20, 2017 - September 22, 2017

SBI Life Insurance IPO Basis of Allotment

SBI Life
INSURANCE

With Us, You're Sure

SBI LIFE INSURANCE COMPANY LIMITED

Our Company was incorporated at Mumbai on October 11,2000 as SBI Life Insurance Company Limited, a public limited company under the Companies Act, 1956 and received a certificate of commencement of business on November 20, 2000 Our Company is registered with IRDAI for carrying out the business of life insurance pursuant to registration certificate number 111. dated March 29 2001 For details relating, to change In the registered office of our Company. see 'History and Certain Corporate Matters' on page 167 of the Prospectus dated september 25,2017 ('Prospectus') Registered Office and Corporate Office: 'NATRAJ'.M.v Road and Western Express Highway Junction, Andheri (East), Mumbai 400069.Tel: (9122) 6191 0000 Fax:(9122)6191 0338.
Contact Person: Aniket K. Karandikar Company Secretary and Compliance Officer;
Email: investors@sbilife.co.in ; Website: www.sbilife.co.in ; Corporate Identity Number: U99999MH2000PLC129113.

OUR PROMOTERS: STATE BANK OF INDIA AND BNP PARIBAS CARDIF S.A.

Our Company has registered the Prospectus with the Registrar of Companies and the Equity Shares are proposed to be listed on BSE and NSE and the trading will commence on
October 3, 2017.

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER OF 120,000,000 EQUITY SHARES OF OUR COMPANY FOR CASH AT A PRICE OF RS 700 PER EQUITY SHARE AGGREGATING TO RS 83,864 MILLION THROUGH AN OFFER FOR SALE BY STATE BANK OF INDIA AND BNP PAR1BAS CARDIF S.A. ('PROMOTER SELLING SHAREHOLDERS') OF 80,000,000 EQUITY SHARES AND 40,000,000 EQUITY SHARES, RESPECTIVELY, AGGREGATING TO RS 55,909.33 MILLIONS AND RS 27,954.67 MILLION. RESPECTIVELY (THE 'OFFER-). THIS OFFER INCLUDES A RESERVATION OF 2,000,000 EQUITY SHARES (CONSTITUTING 0.2% OF OUR 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' OF THE PROSPECTUS) AGGREGATING TO RS 1,264 MILLION (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' OF THE PROSPECTUS) FOR CASH AT A PRICE OF RS 700 PER EQUITY SHARE AGGREGATING TO RS 8,400 MILLION (THE 'STATE BANK SHAREHOLDERS RESERVATION PORTION'). THE OFFER CONSTITUTES 12% OF OUR POST-OFFER PAID-UP SHARE CAPITAL AND THE NET OFFER CONSTITUTES 10.60% OF OUR POST-OFFER PAID-UP SHARE CAPITAL.

Offer Price: Rs 700 per Equity Share of face value of Rs 10 each
Anchor Investor Offer Price: Rs 700 per Equity Share
Employee Discount: 9.71% (equivalent of Rs 68) to the Offer Price to eligible employees
The Offer Price is 70.00 times the face value

Risks to Investors:

i. The 8 Lead Managers associated with the Offer have handled 59 public issues in the past three
years out of which 17 issues closed below the issue price on listing date.
ii. The price/earnings ratio based on EPS for Fiscal 2017 for the Issuer at the offer price is as high
as 73.30, compared to the average industry peer group price/earnings ratio of 38.05.
iii. Average cost of acquisition of Equity Shares for the Promoter Selling Shareholders in the
Offer is Rs 10. where as the offer price is Rs 700.

BID/ OFFER PERIOD: OPENED ON; WEDNESDAY, SEPTEMBER 20, 2017;
CLOSED ON: FRIDAY, SEPTEMBER 22, 2017
ANCHOR INVESTOR BIDDING DATE WAS TUESDAY, SEPTEMBER 19, 2017

The Offer has been made through the Book Butting Process, in terms of Rule l9(2)(b) of the Securities Contracts (Regulation) Rules, 1957 as amended ('SCRR'). The Offer was made in accordance with Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended ('SEBI Regulations'), wherein 50% of the Net Offer was allocated on a proportionate basis to Qualified Institutional Buyers ('QIBs'), provided that our Company and the Promoter Selling Shareholders in consultation with the Lead Managers, allocated 60% of the QIB Portion to Anchor Investors on a discretionary basis, out of which one-third was reserved for domestic Mutual Funds only, subject to valid Bids received from domestic Mutual Funds at or above the Anchor Investor Allocation Price, in accordance with the SEBI Regulations. 5% of the QIB Portion (excluding the Anchor Investor Portion) was allocated on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion was available for allocation on a proportionate basis to all QIB Bidders (other than Anchor investors), Including Mutual Funds, subject to valid Bids received at or above the Offer Price. Further, not lees than 15% of the Net Offer was available for allocation on a proportionate basis to Non-institutonal Investors and not less than 35% of the Net Offer was available for allocation to Retail Indrvidual Bidders in accordance with the SEBl Regulations, subject to valid Bids received at or above the Offer Price. All potential investors, other than Anchor Investors, were required to mandatorily utilise the Application Supported by Blocked Amount ('ASBA') process providing details of their respecfcve bank account which was blocked by the SCSBs, to participate in this Offer For details, see 'Offer Procedure' beganing on page 446 of the Prospectus

The bidding for Anchor Investors opened and closed on September 19, 2017. The Company received 108 Anchor Investor Application Forms from 69 Investors for 33,539,331 Equity Shares The Anchor Investor Offer Price was finalized at Rs 700 per Equity Share. A total of 31,800,000 Equity Shares were allocated under the Anchor investor portion.

The Offer (exdudng Anchor) received 1,019,941 applications for 312,827,340 Equity Shares (prior to technical rejections) resulting n 3.55 times subscripton The details of the applications received in the Offer from various categories are as under (before technical rejections)

SI No	Category	No. of Applications	No. of Equity Shares Applied	Amount (Rs)	No. of times Subscribed	Shares Reserved as per Prospectus
A	Retail Individual Bidders	961,153	29,846,271	20,906,527,415.42	0.80	37,100,000
B	Non Institutional Bidders	1,080	10,108,161	7,055,231,148.00	0.64	15,900,000
C	Shareholders Reservaton	36,421	4,341,729	3,041,681,162.00	0.36	12,000,000
D	Employee investors	21,136	2,063,691	1,305,988,694.00	1.03	2,000,000
E	Qualified Institutional Bidders (Excluding Anchors)	151	266,467,488	186,527,247,635.00	12.57	21,200,000
	Total	1, 019, 941	312,827,340	218,836,676,054.42	3.55	88,200,000

Final Demand

A summary of the final demand as at different Bid prices is as under:

SI No.	Bid Price	Bids Quantity	(%) to Total	Cumulative Total	% Cumulative Total
1	685	700,203	022	700,203	0.22
2	686	23,562	0.01	723,765	0.23
3	687	25,851	0.01	749,616	0.24
4	688	18,627	0.01	768,243	0.24
5	688	11,865	0.00	780,108	0.25
6	690	294,420	0.09	1,074,528	0.34
7	691	31,248	0.01	1,105,776	0.35
8	692	20,559	0.01	1,126,335	0.36
9	693	17,472	0.01	1,143,807	0.36
10	694	4,851	0.00	1,148,658	0.6
11	695	153,804	0.05	1,302,462	0.41
12	696	9,303	0.00	1,311,765	0.41
13	697	9,849	0.00	1,321,614	0.42
14	698	39,417	0.01	1,361,031	0.43
15	699	53,676	0.02	1,414,707	0.45
16	700	284,520,621	89.78	285,935.328	90.22
17	CUTOFF	30,983,253	9.78	316,918,581	100.00
	TOTAL	316,918,581	100.00

The Basis of Allotmenl was finalized m consultation with the Designated Stock Exchange, being the National Stock Exchange of India Limited (the 'NSE'), on September 28, 2017.

A. Allotment to Retail Individual Bidders (including ASBA Applications) (after technical refections)

The Basis of Allotment to the Retail Individual Bidders, who have bid at the Cut- Off Price or at the Offer Price of Rs 700 per Equity Share was finalized in consultation with the Designated Stock Exchange This category has been subscnbed to the extent of 0.7259 times The total number of Equity Shares Allotted in Retail Portion is 28,993,545 Equity Shares to 936,713 successful Retail Individual Bidders. The calegory-wise details of the Basis of Allotment are as under.

Category	No. Of Applications Received	% of Total	Total No. of Equity Shares Applied	% to Total	No. of Equity Shares Allotted per Applicant	Ratio	Total No. of Equity Shares Allotted
21	821,698	87.72	17,255,658	59.52	21	1:1	17,255,658
42	48,031	5.13	2,017,302	6.96	42	1:1	2,017,302
63	17,815	1.90	1,122,345	3.87	63	1:1	1,122,345
84	8,244	0.88	692,496	2.39	84	1:1	692,496
105	9,719	1.04	1,020,495	3.52	105	1:1	1,020,495
126	4,029	0.43	507,654	1.75	126	1:1	507,654
147	4,583	0.49	673,701	2.32	147	1:1	673,701
468	1,275	0.14	214,200	0.74	168	1:1	214,200
189	641	0.07	121,149	0.42	189	1:1	121,149
210	3,662	0.39	769,020	2.65	210	1:1	769,020
231	568	0.06	131,208	0.45	231	1:1	131,208
252	1,047	0.11	263,844	0.91	252	1:1	263,844
273	15.401	1.64	4,204,473	14.50	273	1:1	4,204,473
TOTAL	931,713	100.00	28,993,545	100.00			28,993,545

B. Allotment to Non-Institutional Bidders (After Technical Rejections)

The Basis of Allotment to the Non-institutional Bidders, who nave bid at the Offer Price of Rs 700 per Equity Share, was finalized in consultation with the Designated Stock Exchange The Non - Institutional Portion has been subscnbed to the extent of 0.5840 times. The total number of Equity Shares Allotted in this category is 9,996,273 Equity Shares to 985 successful Non- Institutional Bidders The category-wise details of the Basis of Allotment are as under

Category	No. of Applications Received	% of Total	Total No. of Equity Shares Applied	% to Total	No. of Equity Shares Allotted per Bidder	Ratio	Total No. of Equity Shares Allotted
294	182	18.48	53,508	0.54	294	1:1	53,508
819	3	0.30	2,457	0.02	819	1:1	2,457
1407	4	0.41	5,628	0.06	1407	1:1	5,628
2079	1	0.10	2,079	0.02	2079	1:1	2,079
2100	18	1.83	37,800	0.38	2100	1:1	37,800
5439	1	0.10	5,439	0.05	5439	1:1	5,439
11130	1	0.10	11,130	0.11	11130	1:1	11,130
11256	1	0.10	11,256	0.11	11256	1:1	11,256
12138	1	0.10	12,138	0.12	12138	1:1	12,138
13566	1	0.10	13,566	0.14	13566	1:1	13,566
14007	1	0.10	14,007	0.14	14007	1:1	14,007
14280	5	0.51	71,400	0.71	14280	1:1	71,400
14301	1	0.10	14,301	0.14	14301	1:1	14,301
14700	2	0.20	29,400	0.29	14700	1:1	29,400
14994	1	0.10	14,994	0.15	14994	1:1	14,994
17136	2	0.20	34,272	0.34	17136	1:1	34,272
17850	1	0.10	17,850	0.18	17850	1:1	17,850
19992	1	0.10	19,992	0.20	19992	1:1	19,992
21420	5	0.51	107,100	1.07	21420	1:1	107,100
23163	1	0.10	23,163	0.23	23163	1:1	23,163
28560	5	0.51	142,800	1.43	28560	1:1	142,800
35700	4	0.41	142,800	1.43	35700	1:1	142,800
39984	2	0.20	79,968	0.80	39984	1:1	79,968
42840	1	0.10	42,840	0.43	42840	1:1	42,840
43974	1	0.10	43,974	0.44	43974	1:1	43,974
50001	1	0.10	50,001	0.50	50001	1:1	50,001
71400	1	0.10	71,400	0.71	71400	1:1	71,400
71421	2	0.20	142,842	1.43	71421	1:1	142,842
73600	1	0.10	73,500	0.74	73500	1:1	73,500
85701	1	0.10	85,701	0.86	85701	1:1	85,701
98700	1	0.10	98,700	0.99	98700	1:1	98,700
99981	1	0.10	99,981	1.00	99981	1:1	99,981
107142	1	0.20	214,284	2.14	107142	1:1	214,284
114282	1	0.10	114,282	1.14	114282	1:1	114,282
119406	1	0.10	119,406	1.19	119406	1:1	119,406
128562	1	0.10	128,562	1.29	128562	1:1	128,562
146538	1	0.10	146,538	1.47	146538	1:1	146,538
147000	1	0.10	147,000	1.47	147000	1:1	147,000
156408	1	0.10	156,408	1.56	156408	1:1	156,408
171423	1	0.10	171,423	1.71	171423	1:1	171,423
214305	1	0.10	214,305	2.14	214305	1:1	214,305
246351	1	0.10	246,351	2.46	246351	1:1	246,351
357126	1	0.10	357,126	3.57	357126	1:1	357,126
428568	2	0.20	857,136	8.57	428568	1:1	857,136
485520	1	0.10	485,520	4.86	485520	1:1	485,520
571410	2	0.20	1,142,820	11.43	571410	1:1	1,142,820
714273	1	0.10	714,273	7.15	714273	1:1	714,273
857136	1	0.10	857,136	8.57	857136	1:1	857,136
1428567	1	0.10	1,428,567	14.29	1428567	1:1	1,428,567

C. Allotment under State Bank Shareholders Reservation Portion

The Basis of Allotment to the Shareholders Reservation, who have bid at the Offer Pnce of Rs 700 per Equity Share, was finalized in consultation with the Designated Stock Exchange. The Shareholders Reservation Portion has been subscribed to the extent of 0.3521 times The total number of Equity Shares Allotted in this category is 4,225,725 Equity Shares to 34,192 successful Reserved Bidders. The category-wise details of the Basis of Allotment are as under.

Category	No. of Applications Received	% of Total	Total No. of Equity Shares Applied	% to Total	No. of Equity Shares Allotted per Bidder	Ratio	Total No. of Equity Shares Allotted
21	18,635	54.50	391,335	9.26	21	1:1	391,335
42	5,496	16.07	230,832	5.46	42	1:1	230,832
63	2,272	6.64	143,136	3.39	63	1:1	143,136
84	1,165	3.41	97,860	2.32	84	1:1	97,860
105	1,536	4.49	161,280	3.82	105	1:1	161,280
126	604	1.77	76,104	1.80	126	1:1	76,104
147	729	2.13	107,163	2.54	147	1:1	107,163
168	207	0.61	34,776	0.82	168	1:1	34,776
189	84	0.25	15,876	0.38	189	1:1	15,876
210	549	1.61	115,290	2.73	210	1:1	115,290
231	86	0.25	19,866	0.47	231	1:1	19,866
252	224	0.66	56,448	1.34	252	1:1	56,448
273	2,521	7.37	688,233	16.29	273	1:1	688,233
294	4	0.01	1,176	0.03	294	1:1	1,176
315	9	0.03	2,835	0.07	315	1:1	2,835
336	2	0.01	672	0.02	336	1:1	672
357	1	0.00	357	0.01	357	1:1	357
399	1	0.00	399	0.01	399	1:1	399
420	4	0.01	1,680	0.04	420	1:1	1,680
441	2	0.01	882	0.02	441	1:1	882
483	1	0.00	483	0.01	483	1:1	483
504	5	0.01	2,520	0.06	504	1:1	2,520
525	1	0.00	525	0.01	525	1:1	525
567	3	0.01	1,701	0.04	567	1:1	1,701
693	1	0.00	693	0.02	693	1:1	693
714	11	0.03	7,854	0.19	714	1:1	7,854
861	1	0.00	861	0.02	861	1:1	861
987	3	0.01	2,961	0.07	987	1:1	2,961
1008	2	0.01	2,016	0.05	1088	1:1	2,016
1050	1	0.00	1,050	0.02	1050	1:1	1,050
1155	1	0.00	1,155	0.03	1155	1:1	1,155
1281	1	0.00	1,281	0.03	1281	1:1	1,281
1428	5	0.01	7,140	0.17	1428	1:1	7,140
2100	1	0.00	2,100	0.05	2100	1:1	2,100
2142	1	0.00	2,142	0.05	2142	1:1	2,142
2940	1	0.00	2,940	0.07	2940	1:1	2,940
3360	1	0.00	3,360	0.08	3360	1:1	3,360
3507	1	0.00	3,507	0.08	3507	1:1	3,507
3570	1	0.00	3,570	0.08	3570	1:1	3,570
5019	1	0.00	5,019	0.12	5019	1:1	5,019
5712	1	0.00	5,712	0.14	5712	1:1	5,712
7413	1	0.00	7,413	0.18	7413	1:1	7,413
9744	1	0.00	9,744	0.23	9744	1:1	9,744
15015	1	0.00	15,015	0.36	15015	1:1	15,015
28581	1	0.00	28,581	0.68	28581	1:1	28,581
42840	1	0.00	42,840	1.01	42840	1:1	42,840
58590	1	0.00	58,590	1.39	58590	1:1	58,590
82131	1	0.00	82,131	1.94	82131	1:1	82,131
99981	1	0.00	99,981	2.37	99981	1:1	99,981
100002	2	0.01	200,004	4.73	100002	1:1	200,004
110712	1	0.00	110,712	2.62	110712	1:1	110,712
165732	1	0.00	165,732	3 92	165732	1:1	165,732
181020	3	0.01	543,060	12.85	181020	1:1	543,060
285705	1	0.00	285,705	6.76	285705	1:1	285,705
371427	1	0.00	371,427	8.79	371427	1:1	371,427
TOTAL	34,192	100.00	4,225,725	100.00		1:1	4,225,725

D. Allotment to Eligible Employees

The Basis of Allotment to the Eligible Employees, who have bid at the Offer Price (after Employee Discount) of Rs 632 per Equity Share, was finalized in consultation with the Designated Stock Exchange. This category has been subscnbed to the extent of 0.8288 times. The total number of Equrty Shares Allotted in Eligible Employee category is 1,657,551 Equity Shares to 15,908 successful Bidders. The category-wise detais of the Basis of Allotment are as under.

Category	No. Of Applications Received	% of Total	Total No. of Equity Shares Applied	% to Total	No. of Equity Shares Allotted per Bidder	Ratio	Total No. of Equity Shares Allotted
21	5,179	32.56	108,759	6.56	21	1:1	108,759
42	2,992	18.81	125,664	7.58	42	1:1	125,664
63	1,498	9.42	94,374	5.69	63	1:1	94,374
84	877	5.51	73,668	4.44	84	1:1	73,668
105	1,104	6.94	115,920	6.99	105	1:1	115,920
126	312	1.96	39,312	2.37	126	1:1	39,312
147	576	3.62	84,672	5.11	147	1:1	84,672
168	310	1.95	52,080	3.14	168	1:1	52,080
189	114	0.72	21,546	1.30	189	1:1	21,546
210	489	3.07	102,690	6.20	210	1:1	102,690
231	133	0.84	30,723	1.85	231	1:1	30,723
252	133	0.84	33,516	2.02	252	1:1	33,516
273	841	5.29	229,593	13.85	273	1:1	229,593
294	161	1.01	47,334	2.86	294	1:1	47,334
315	787	4.95	247,905	14.96	315	1:1	247,905
336	19	0.12	6,384	0.39	336	1:1	6,384
357	12	0.08	4,284	0.26	357	1:1	4,284
378	8	0.05	3,024	0.18	378	1:1	3,024
399	10	0.06	3,990	0.24	399	1:1	3,990
420	33	0.21	13,860	0.84	420	1:1	13,860
441	10	0.06	4,410	0.27	441	1:1	4,410
462	20	0.13	9,240	0.56	462	1:1	9,240
483	20	0.13	9,660	0.58	483	1:1	9,660
504	6	0.04	3,024	0.18	504	1:1	3,024
525	6	0.04	3,150	0.19	525	1:1	3,150
546	7	0.04	3,822	0.23	546	1:1	3,822
567	5	0.03	2,835	0.17	567	1:1	2,835
588	3	0.02	1,764	0.11	588	1:1	1,764
609	4	0.03	2,436	0.15	609	1:1	2,436
630	21	0.13	13,230	0.80	630	1:1	13,230
651	4	0.03	2,604	0.16	651	1:1	2,604
672	2	0.01	1,344	0.08	672	1:1	1,344
693	3	0.02	2,079	0.13	693	1:1	2,079
714	58	0.35	39,984	2.41	714	1:1	39,984
735	4	0.03	2,940	0.18	735	1:1	2,940
756	2	0.01	1,512	0.09	756	1:1	1,512
777	147	0.92	114,219	6.89	777	1:1	114,219
TOTAL	15,908	100.00	1,657,551	100.00			1,657,551

E. Allotment to QIBs (Other than anchor investors)

Allotment to QIBs, who have Bid at the Offer Price of Rs 700 per Equity Share, has been done on a proportionate basis in consultation with the Designated Stock Exchange This category has been subscnbed to the extent of 6.1156 times of QIB Portion As per the SEBl Regulations Mutual Funds were Allotted 5% of the Equity Shares of QIB Portion available i.e. 2,166,346 Equity Shares and other QIBs and unsatisfied demand of Mutual Funds were Allotted the remainng available Equity Shares i.e. 41,160,560 Equity Shares on a proportionate basis. The total number of Equity Shares Allotted in the QIB Portion is 43,326,906 Equity Shares, which were allotted to 149 successful QIB Bidders. The category-wise details of the Basis of Allotment are as under.

Category	FIs/Banks	Fll	MFs	ICs	NBFC	Others	Total
QIB	3,908,043	24,270,477	9,137,681	1,769,152	28,034	4,213,519	43,326,906

F. Allotment to Anchor Investors

Our Company and the Promoter Selling Shareholders, in consultation with the Lead Managers, have allocated 31,800,000 Equity Shares to 69 Anchor investors (through 108 Applications) at the Anchor Investor Offer Price of Rs 700 per Equity share in accordance with the SEBI Regulations. This represents 60% of the QIB portion. Allotment to such Anchor Investors is as mentioned below.

Category	Fls/Banks	MFs	ICs	AIF/FPI	FII	OTH	Total
Anchor Investors	-	12,715,752	1,221,438	16,224,637	1,138,184	499,989	31,800,000

The IPO Committee of our Company on September 28, 2017 has taken on record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange, being NSE and has Allotted the Equity Shares to various successful Bidders The Allotment Advice-cum-intimationsand / or notices will be dispatched to the address of the investors as registered with the depositories Further, the instructions to the Self Certified Syndicate Banks for unblocking of funds, transfer to Public Offer Account have been issued on September 28, 2017 and payment to non-Syndicate brokers have been issued on September 29, 2017. In case the same is not recerved within ten days, investors may contact the Registrar to the Offer at the address given below The Equity Shares Allotted to the successful Allottees have been uploaded on September 28, 2017 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. Our Company has filed the Listing application with NSE and BSE on September 29, 2017. Our company has received the listing and trading approvals from NSE and BSE, and the trading will commence on October 3,.2017.

All capitalised terms used and not specifically defined herein shall have the meaning ascribed to them in the Prospectus.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Offer, Karvy Computershare Private Limited at https://karisma.karvy.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Offer quoting full name of the first/ sole Bidder, Bid cum Application Form number, Bidder DP ID, Client ID, PAN, date of submission of Bid cum Application Fom, address of the Bidder, number of Equity Share applied for, the name and address of the designated Intermediary where the Bid cum Application Form was submitted by the Bidder and a copy of the Acknowledgment Slip received from the Designated Intermediary at the address given below:

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31 -32 Gachibowli Financial District Nanakramguda. Hyderabad 500 032
Tel: (91 40) 6716 2222, Fax: (91 40) 2343 1551 E-mail: einward.ris@karvy.com
Investor grievance e-mail: sbilife.ipo@karvy.com. Website: https://karisma.karvy.com
Contact person: M. Murali Krishna, SEBl registration number: INR000000221

Place: Mumbai Date: September 29, 2017	For SBI LIFE INSURANCE COMPANY LIMITED On behalf of the Board of Dcectors Sd/- Company Secretary and Compliance Offcer

SBI Life Insurance IPO Basis of Allotment FAQs

The IPO allocation is based on the subscription level and the investor category.

Refer to IPO allotment rules and methods for more details.

See the basis of allotment document above to know how the shares are allocated in SBI Life Insurance IPO .

The SBI Life Insurance IPO basis of allotment (published above) tells you how shares are allocated to you in SBI Life Insurance IPO and category wise demand of IPO share.

Visit the SBI Life Insurance IPO allotment status page to check the number of shares allocated to your application.

In SBI Life Insurance IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.

For more information, please refer to IPO Allotment Process and Basis of Allotment.

Check the SBI Life Insurance IPO basis of allotment document to know how the shares are allocated in SBI Life Insurance IPO.

SBI Life Insurance IPO Basis of Allotment

SBI Life Insurance IPO Basis of Allotment FAQs

How shares are allotted in SBI Life Insurance IPO?

What is SBI Life Insurance IPO basis of allotment status?

What is SBI Life Insurance IPO allotment process?

Read more about SBI Life Insurance IPO