SBI Life Insurance IPO Gets SEBI Approval: SBI Life Insurance IPO has been approved from the Securities and Exchange Board of India (SEBI). As per sources the IPO can be launch from September 20, 2017- September 22, 2017. The IPO will involve 12 percent of the insurer’s equity capital. State Bank of India, which currently […]
SBI Life Insurance Files IPO Draft Papers With SEBI: SBI Life Insurance, the subsidiary of country’s largest lender State Bank of India, has filed draft red herring prospectus with capital market regulator SEBI for initial public offering. The filing did not mention how much the IPO would raise, although bankers have previously said it would […]
SBI Life Gets Final Approval For IPO From SBI Central Board: State Bank of India today said its central board approved dilution of its stake in its SBI life insurance arm through an initial public offer for which it has already secured the sectoral regulatory approval. Once it hits the markets, SBI Life Insurance would […]
SBI Life Insurance IPO Gets NOD From IRDA: SBI Life Insurance IPO gets Irda approval and will become the second life insurer to be listed on bourses. SBI Life Insurance IPO could be come country’s biggest insurance listing by value and size of the issue after parent SBI and its foreign partner Cardif said they […]
SBI Life Insurance IPO To Hit Market Soon: Since We have updated in Feb, 2017 that SBI Life Insurance Ltd IPO can hit market by Q1 2017-18. Now as per latest update the Executive Committee of Central Board in its meeting held on Friday accorded in-principle approval for initial public offer (IPO), SBI said in a regulatory […]
SBI Life Insurance IPO Can Hit Market In Q1 FY 2017-18: As told investors that SBI Life Insurance IPO can hit market in financial year 2017-18, now as per latest update it can hit market in Q1 of FY 2017-18. SBI Life Insurance will decide on going for Initial Public Offering (IPO) in the first quarter […]