Live SBI Life Insurance Company Share Price Chart

O 1553.85

H 1553.85

L 1553.85

VOL 635

SBI Life Insurance Company Performance

Days Range

Low: ₹1,508.25
High: ₹1,554.00
Previous Close ₹1,546.80
Open ₹1,553.85
Volume 21,26,839
Day’s Range ₹1,508.25 - ₹1,554.00
52W Range ₹1,054.00 - ₹1,569.40
Market Cap ₹1,54,936 Cr

SBI Life Insurance Company Fundamentals

ROCE (TTM) 0.55
P/E Ratio (TTM) 83.29
P/B Ratio 10.74
Industry P/E 22.8
Debt to Equity 0
ROE 12.89
EPS (TTM) 18.58
Dividend Yield 0.16
Book Value 144.09
Face Value 10

SBI Life Insurance Company Financials

Mar 2023Jun 2023Sep 2023Dec 2023

About SBI Life Insurance Company

History of SBI Life Insurance Company Limited (SBI Life) 

Incorporated in October 2000, SBI Life Insurance Company Limited (SBI Life) is one of India’s most popular and trusted life insurance companies. It was registered with the Insurance Regulatory and Development Authority of India (IRDAI) in March 2001.

SBI Life is a joint venture between the State Bank of India (SBI) and BNP Paribas Cardif SA, a French financial institution. The company offers a wide range of products to serve individuals and groups. They provide protection, health, pension and savings solutions. By 2011, the company had more than 500 branches, and by 2013, SBI Life had over ₹500 billion of assets under management. The company launched its IPO in September 2017 and is listed on the BSE and NSE.

SBI Life operates through a vast network. As of June 2023, they have 996 offices with 22,015 employees. In addition, they have a big agent network consisting of approximately 2,22,822 individual agents and 68 corporate agents. The company has 14 bancassurance partners across a network of over 39,000 partner branches. They also have partnerships with 133 brokers and various other insurance marketing firms. They have a customer base of over 53.58 million.

Business Segments of SBI Life Insurance Company Limited

The company offers a comprehensive range of products depending on the needs of the customer. The products offered by the company can be availed online on their website or offline and are as follows:

  • Protection Plans: Under this category, there are several insurance plans, such as Arogya Shield, SBI Life – eShield Next, SBI Life – Saral Jeevan Bima, SBI Life – Sampoorn Cancer Suraksha, SBI Life – Smart Shield and SBI Life – Grameen Bima.
  • Savings Plans: SBI Life also offers savings options, like SBI Life- Smart Lifetime Saver, SBI Life – New Smart Samriddhi, SBI Life – Smart Future Choices and many more. A few of these savings plans come with protection as well.
  • Wealth Creation with Insurance: As the name suggests, this category offers wealth growth plans that also offer insurance coverage. Some of the plans are SBI Life – Smart Power Insurance, SBI Life – Smart Wealth Assure, SBI Life – Smart Wealth Builder, etc.
  • Retirement Plans: The products under this category help in retirement corpus creation. The products included are SBI Life- Retire Smart Plus, SBI Life – Retire Smart, etc.
  • Child Plans: The plans under this category are designed to help your child’s future expenses, like higher education. It includes SBI Life – Smart Champ Insurance and SBI Life – Smart Scholar.
  • Money Back/Income Plans: The money back plans under this category are SBI Life – Smart Income Protect, SBI Life – Smart Money Planner and SBI Life – Smart Money Back Gold. These plans aim to offer regular income.

As of March 31, 2023, SBI Life Insurance Company Limited has no subsidiaries.

Key Personalities of SBI Life Insurance Company Limited

Amit Jhigran, CEO and Managing Director

Amit Jhigran is the CEO and MD of SBI Life. He joined SBI in 1991 as a Probationary Officer (PO) and, since then, has been part of various departments, such as retail banking, international banking, and branch management. Before joining SBI Life, he was the Chief General Manager at Hyderabad Circle and the CEO of SBI, Chicago.

Corporate Actions of SBI Life Insurance Company Limited

There are no records of stock splits or bonus shares from SBI Life Insurance Company Limited.

SWOT Analysis of SBI Life Insurance Company Limited


  • Supported by SBI, which is its majority shareholder. This helps the company maintain a good capital position.
  • It is in partnership with big financial institutions in the market, such as India Post Payments Bank, Karur Vysya Bank, etc.


  • Other players can replicate the business model.


  • Tap into group insurance options by partnering with large corporations.


  • The insurance sector is highly regulated, and the company has to keep up with the regulations and policies.
  • The company is subjected to insurance risks, such as health-related and mortality risks.
Parent Organisation GoI - SBI
Founded 2000
Managing Director DINESH KUMAR KHARA

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Life Insurance Corporation of India ₹654,763.76


1.50 (0.14%)

1021.2 - 1049
HDFC Life Insurance Company Ltd ₹127,427.82


18.00 (3.04%)

587.6 - 620.5
ICICI Lombard General Insurance Company Ltd ₹81,381.99


2.30 (-0.14%)

1625.1 - 1654.9
ICICI Prudential Life Insurance Company Ltd ₹77,538.90


8.95 (1.66%)

533.95 - 558.7
New India Assurance Company Ltd ₹44,858.56


3.50 (1.29%)

263.45 - 283.95

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SBI Life Insurance Company FAQs

What is the Share price of SBI Life Insurance Company (SBILIFE)?

SBI Life Insurance Company (SBILIFE) share price as of March 4, 2024, on NSE is Rs 1,517.95 (NSE) and Rs 1,516.30 (BSE) on BSE.

Can I buy SBI Life Insurance Company (SBILIFE) shares?

Yes, You can buy SBI Life Insurance Company (SBILIFE) shares by opening a Demat account with Angel One.

How do I buy SBI Life Insurance Company (SBILIFE) from Angel One?

SBI Life Insurance Company (SBILIFE) share can be brought through the following modes:
  1. Direct investment: You can buy SBI Life Insurance Company (SBILIFE) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to SBI Life Insurance Company (SBILIFE) shares.

What is the total Asset of SBi Life?

The total asset of SBI life is Rs, 269, 028 Crores.

Who are the promoters of SBi Life?

The promoters of SBI Life are State Bank Of India, Bnp Paribas Cardif, Dinesh Kumar Khara, Vijay Kumar Monga, Rajiv Kumar Saxena, Arijit Basu, Ravinandan Sahay and Sbi General Insurance Company Limited.

What is the main business of SBi Life?

The main business of SBI Life is to offer a range of life insurance plans and policies to help you protect yourself and your family.