SBI Life Insurance and Prataap Snacks are lined up with their respective public offers this week to raise an amount of Rs 8,882 crore. SBI Life Insurance IPO (initial public offer) will hit the capital market on 20 September to raise up to Rs 8,400 crore, at the upper end of the price band. The initial share sale offer will open on 20 September and will remain open until 22 September. This would be the second listing of a life insurer after ICICI Prudential Life Insurance, which went public last year. SBI Life IPO is the largest public offer in last seven years. The price band for the public offer has been fixed between Rs 685 to Rs 700 per share of face value Rs 10 each, with a discount of Rs 68 per share on the offer price to eligible employees. Investors can bid for the IPO with a minimum of 21 shares.