SBI Life Insurance Co.Ltd-IPO -Price Band of Rs.685/- To Rs.700/- per equity share.
Face value :Rs.10/- per equity share.
Public offering by SBI upto 80,000,000 equity shares & BNP Paribas Cardiff S.A
upto 40,000,000 equity shares
Presently State Bank of India holds 70.1% & BNP Paibas Cardiff S.A holds 26%.
Post IPO, SBI will hold 62.1% & BNP Paribas S.A will hold 22%.
The issue will open on September,20,2017 & will close on September,22,2017.
Bids can be made for a minimum of 21 equity shares & in multiples of 21 equity