SBI Life IPO Subscription Status
SBI Life IPO was subscribed 3.56 times when bidding closed on 22 Sep 2017: QIB 12.56x, NII 0.7x, Retail 0.81x.
The SBI Life Insurance Company IPO has been subscribed 3.56x times overall. Retail investors have shown interest with bids for 0.81x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.7x. Qualified Institutional Buyers (QIBs) have subscribed 12.56x. Data last updated on 12 Nov, 03:11 PM.
The IPO subscription period has ended. The issue opened on 20 Sep, 2017 and closes on 22 Sep, 2017. The shares are expected to list on stock exchanges on 03 Oct, 2017.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 12.56x |
| NII | - of - - | 0.7x |
| Retail | - of - - | 0.81x |
| Shareholder | - of - - | 0.38x |
| Employee | - of - - | 1.02x |
| TOTAL | - - | 3.56x |
SBI Life Insurance Company IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.
Institutional Backing
Massive institutional interest with QIBs subscribing 12.56x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
22 Sep 2017
Day 3 |
3.56x | ▼ | |
|
QIB12.56x
BHNI-
SHNI-
Retail0.81x
Shareholder0.38x
Employee1.02x
|
|||
|
21 Sep 2017
Day 2 |
0.57x | ▼ | |
|
QIB1.58x
BHNI-
SHNI-
Retail0.37x
|
|||
|
20 Sep 2017
Day 1 |
0.09x | ▼ | |
|
QIB0.06x
BHNI-
SHNI-
Retail0.16x
|
|||
SBI Life Insurance Company IPO dates
From the bidding window to listing. Today is 13 November.
- Open 20 Sep 2017
- Close 22 Sep 2017
- Allotment 27 Sep 2017
- Refund/credit 28 Sep 2017
- Listing 03 Oct 2017
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of SBI Life Insurance Company IPO?
As of IPO close date (22 Sep, 2017), the SBI Life Insurance Company IPO is subscribed 3.56x times. Retail category is 0.81x, and NII is 0.7x subscribed.
When is the allotment date for SBI Life Insurance Company IPO?
The allotment for SBI Life Insurance Company IPO is expected to be finalized on 27 September, 2017.
What is the GMP of SBI Life Insurance Company?
The Grey Market Premium (GMP) for SBI Life Insurance Company is currently ₹17.5, indicating a potential listing gain of 2%.
When will SBI Life Insurance Company IPO list on the stock market?
SBI Life Insurance Company is scheduled to list on BSE and NSE on 03 October, 2017.
What are the chances of getting allotment in SBI Life Insurance Company IPO?
The retail category is currently undersubscribed at 0.81x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.
What does QIB subscription of 12.56x mean for SBI Life Insurance Company IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 12.56x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check SBI Life Insurance Company IPO allotment status?
After the allotment date (27 Sep, 2017), you can check your SBI Life Insurance Company IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore SBI Life Insurance Company IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
