13 Oct 2025 | 5 Mins Read
Canara HSBC Life IPO sees 14% subscription on Day 2, listing uncertain
Flipitmoney
Canara HSBC Life Insurance Company's IPO has seen a 14% subscription on its second day, with over 2.31 crore shares bid for, against an offer size of 16.67 crore shares. Retail investors booked 21% of their reserved portion, while employees subscribed 88%. Non-Institutional and Qualified Institutional Buyers subscribed 8% and 3% of their portions respectively, priced at Rs 100-106 per share.