Canara HSBC Life Insurance's ₹2,517-crore IPO was fully subscribed on the third and final day of bidding (October 14). The issue saw strong demand from Qualified Institutional Buyers (QIBs), who subscribed 275% of their allotted quota, while retail investors subscribed 35% of their portion. The grey market premium remained muted at 0.94% above the IPO price.
short by
Mansi Agarwal /
03:39 pm on
14 Oct