10 Oct 2025 | 5 Mins Read
Canara HSBC Life IPO sees modest Day 1 subscription
Flipitmoney
The Canara HSBC Life Insurance IPO has received 4% subscription on Day 1, with retail investors booking 6% and employees subscribing 15% of their reserved portions. Non-Institutional Investors and Qualified Institutional Buyers are yet to place substantial bids. The IPO has an offer size of 16.67 crore shares and aims to raise Rs 2,517 crore at a price band of Rs 100-106 per share.