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SBI Life Insurance Company Limited to list on Oct 3, 2017

Posted On: 2017-10-02 20:20:54

Effective from Tuesday, October 3, 2017, the Equity Shares of SBI Life Insurance Company Limited shall be listed and admitted to dealings on the Bombay Stock Exchange in the list of 'B' Group of Securities.

The company came out with a Public Offer of upto 120,000,000 Equity Shares (including anchor portion of 31,800,000 Equity Shares) through 100% Book Building process at a price band of Rs 685 to Rs 700. The company also offered a discount of Rs. 68 per Equity Share to Eligible Employees bidding in the Employee Reservation Portion.

The issue opened for subscription on September 20, 2017 and closed on September 22, 2017.

JM Financial Institutional Securities Limited, Axis Capital Limited, BNP Paribas, Citigroup Global Markets India Private Limited, Deutsche Equities India Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited are the Book Running Lead Managers to the IPO.

JM Financial Services Limited, Kotak Securities Limited, SBICAP Securities Limited, Sharekhan Limited are the Syndicate Members to the IPO.

Karvy Computer Share Private Limited is the registrar to the company.

Shares of A Infrastructure Ltd was last trading in BSE at Rs.56.8 as compared to the previous close of Rs. 54.1. The total number of shares traded during the day was 50 in over 3 trades.

The stock hit an intraday high of Rs. 56.8 and intraday low of 56.8. The net turnover during the day was Rs. 2840.


Source: Equity Bulls

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