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Canara HSBC Life IPO fully booked
Mint Chennai
|October 15, 2025
Canara HSBC Life Insurance Co.'s $283 million initial public offering (IPO) was fully subscribed on the third day of bidding on Tuesday, driven by robust interest from institutional buyers.
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The insurer, a joint venture between Canara Bank and HSBC Insurance (Asia-Pacific) Holdings, received bids worth ₹18.97 billion ($213.7 million) for 178.9 million shares as of 1.30pm, above the
This story is from the October 15, 2025 edition of Mint Chennai.
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