Tag Archives: Qualified institutional buyers (QIBs)

QIB supported SBI Life Insurance Company IPO oversubscribed 1.25 times

On the last day of subscription, SBI Life Insurance Company’s initial share sale offer has been fully subscribed on Friday. As per latest data of exchange, the 8,400-crore public issue has been oversubscribed 1.25 times. Except anchor investors’ portion, The Initial public offer has received bids for 11.01 crore shares against the IPO size of …