14 Oct 2025 | 3 Mins Read
Canara HSBC Life IPO Fully Subscribed, Analysts Advise Caution
Flipitmoney
Canara HSBC Life Insurance Company's IPO received bids for 16.87 crore shares, fully subscribing the 16.67 crore-share offer. Retial investors booked 35% of their reserved portion and employees fully subscribed, while NII and QIB subscribed 23% and 275%, respectively. The IPO, priced at Rs 100-106 per share, aims to raise Rs 2,517.50 crore.