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Canara HSBC Life IPO subscribed 2.29 times on last day of bidding
Business Standard
|October 15, 2025
The initial public offering (IPO) of Canara HSBC Life Insurance Company received 2.29 times subscription on the final day of bidding on Tuesday.
The ₹2,517 crore IPO got bids for 38,21,61,220 shares against 16,67,15,000 shares on offer, according to data available with the NSE.
The qualified institutional buyers (QIBs) category received 7.05 times subscription. The portion for retail individual investors (RIIs) got subscribed 42 per cent, and non-institutional investors received 33 per cent subscription.
This story is from the October 15, 2025 edition of Business Standard.
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