SBI Life offer comes at below its listing price; should you invest?

SBI Life offer comes at below its listing price; should you invest?

Shares of SBINSE 0.24 % Life Insurance will be available at Rs 670 a piece to retail investors on Wednesday through an offer-for-sale, lower than their IPO price of Rs 700 per share two years ago. But analysts are not bullish on the stock in the near term as they see several challenges before the company. Investors with a long-term horizon though can subscribe to the OFS given the growth expectation in the insurance sector, they said.

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