SBI Life's $1.3 billion IPO, India's biggest in seven years, draws strong demand
SBI Life, which will be the second life insurance company after ICICI Prudential Life Insurance Co. Ltd to list, saw bids for about 29.5 million shares, or 3.56 times the 8.8 million shares on offer, stock exchange data as of 1215 GMT showed.
Sep 22, 2017, 18:55 PM IST