SBI Life IPO subscribed 9% on Day 1 : The Tribune India

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  • SBI Life IPO subscribed 9% on Day 1

SBI Life IPO subscribed 9% on Day 1

NEW DELHI:The initial share sale offer of SBI Life Insurance Company was subscribed 9% on the first day of the three-day bidding today, stock exchanges data showed.



New Delhi, September 20 

The initial share sale offer of SBI Life Insurance Company was subscribed 9% on the first day of the three-day bidding today, stock exchanges data showed.

The Rs 8,400-crore initial public offer (IPO) received bids for 83,67,555 shares against the total issue size of 8,82,00,000 shares, data available with the National Stock Exchange showed. — PTI

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