positive
Recently
Canara HSBC Life IPO Fully Subscribed on Final Day
Institutional demand drives full subscription in Canara HSBC Life IPO.
The Canara HSBC Life Insurance IPO was fully subscribed on its last day, primarily led by institutional investors. The offer was priced in the ₹100–106 band, garnering bids worth ₹18.97 billion for 166.7 million shares—well above supply. Anchor investors had earlier picked up ₹7.5 b. The IPO was purely an offer-for-sale and did not raise fresh capital. Retail subscription lagged, at ~35%.