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14 days agoCanara HSBC Life’s debut muted; shares inch 2.7% above issue price
Canara HSBC Life Insurance saw a modest listing, with share price rising ~2.7% above IPO level to ₹108.9. The valuation sits near $1.2 billion. Retail subscription was only ~42%, while high-net-worth individuals subscribed ~33%. Institutional participation helped overall subscription to 2.29×. Analysts point to weak pricing and competition in the crowded IPO market as reasons for tepid enthusiasm. The performance signals caution for upcoming offerings in financial and insurance sectors.
neutral
14 days agoCanara HSBC Life’s debut muted; shares inch 2.7% above issue price
Canara HSBC Life Insurance saw a modest listing, with share price rising ~2.7% above IPO level to ₹108.9. The valuation sits near $1.2 billion. Retail subscription was only ~42%, while high-net-worth individuals subscribed ~33%. Institutional participation helped overall subscription to 2.29×. Analysts point to weak pricing and competition in the crowded IPO market as reasons for tepid enthusiasm. The performance signals caution for upcoming offerings in financial and insurance sectors.
neutral
Canara HSBC Life’s debut muted; shares inch 2.7% above issue price
15 days ago
1 min read
70 words
Canara HSBC Life lists weakly, rising ~2.7%; muted retail demand weighs on IPO sentiment.
Canara HSBC Life Insurance saw a modest listing, with share price rising ~2.7% above IPO level to ₹108.9. The valuation sits near $1.2 billion. Retail subscription was only ~42%, while high-net-worth individuals subscribed ~33%. Institutional participation helped overall subscription to 2.29×. Analysts point to weak pricing and competition in the crowded IPO market as reasons for tepid enthusiasm. The performance signals caution for upcoming offerings in financial and insurance sectors.
Canara HSBC Life Insurance saw a modest listing, with share price rising ~2.7% above IPO level to ₹108.9. The valuation sits near $1.2 billion. Retail subscription was only ~42%, while high-net-worth individuals subscribed ~33%. Institutional participation helped overall subscription to 2.29×. Analysts point to weak pricing and competition in the crowded IPO market as reasons for tepid enthusiasm. The performance signals caution for upcoming offerings in financial and insurance sectors.
Companies:
Canara HSBC Life
Tags:
ipo
india
ipo
india
insurance
listing
Oct 17, 2025 • 07:30 IST