Canara HSBC Life Insurance Company Ltd IPO Day 2 Subscriptions Status: Check Bidding Details

Summary of IPO:

Canara HSBC Life Insurance Company Ltd IPO consists of an offer for sale of 2517.50 shares and does not contain a fresh issue. The IPO’s price band is ₹100 – ₹106 per share. The company’s shares will be listed on BSE, NSE on 17 Oct 25

The initial public offering of Canara HSBC Life Insurance Company Ltd ended the second day with investors bidding 0.14 times the available shares. The retail investor portion of the IPO was subscribed 0.21 times the available shares on offer. Retail investors have 82,582,500 / 166,715,000 (49.54%) shares of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers 1,270,920 / 23,262,260 (5.46%) portion of the IPO got bids for 0.03 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 0.08 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Canara HSBC Life Insurance Company Ltd IPO

Offer for sale: 2517.50 shares 

Fresh issue: 0.00 

Price Band: ₹100 – ₹ 106 per share 

Bid open dates: 10 Oct 25 

Allotment date: 15 Oct 25 

Listing date: 17 Oct 25