Canara HSBC Life Insurance IPO Day 1 Live: Issue Open Today. Check GMP, subscription status, review, more.

Canara HSBC Life Insurance IPO Day 1 Live: Canara HSBC Life Insurance IPO Award Band is between £ 100 and £ 106 per share. Entry Open on October 10 and close on October 14. Canara HSBC Life IPO consists of an offer-for-sell of 23.75 crore shares. Canara HSBC IPO date of subscription is scheduled for Friday, October 10 and closes on Tuesday, October 14 Canara HSBC Life Insurance IPO Day 1 Live: The Initial Public Offer (IPO) for Canara HSBC Life Insurance Company Ltd is open for subscription from 10 to 14 October. of about £ 10,000 crore at the highest price point. Canara HSBC Life Insurance IPO GMP is £ 10 today. Canara HSBC Life Insurance Company is a joint venture sponsored by Canara Bank, which has a 51 percent stake, and HSBC Group’s HSBC insurance (Asia Pacific), which has 26 percent. The IPO of Canara HSBC Life consists entirely of an offer for sale (OFS) of 23.75 crore shares by its promoters and an investor. As part of the OFS, Canara Bank will sell 13.77 Crore Equity shares, HSBC Insurance (Asia-Pacific) Holdings Ltd will sell 47.5 Lakh shares, and Punjab National Bank aims to sell 9.5 crore shares. Since it is a OFS, the company will not receive any funds from the public edition; Instead, the money goes to the sales shareholders. Founded in 2007, Canara HSBC Life became an important private player in the Indian life insurance market, led by banking. (Stay tuned for more updates) 10 Oct 2025, 09:32:37 AM IST Canara HSBC Life Insurance IPO Day 1 Live: Anchor Investors Canara HSBC Life Insurance Company Ltd announced on Thursday that it has gained more than a £ 750 Its initial share sale for public captions. The Anchor Book participates in various institutional investors, including ICICI Prudential Mutual Fund (MF), HDFC MF, DSP MF, Whiteoak Capital, Mirae Asset MF, Allianz Global Investors Fund, Amundi Funds, Matthews India Fund, Tata MF, Motilal Oswal MF, and SOWAL MF, and Socites. as per a circular, published. Canara HSBC Life has issued approximately 7.08 crore equity shares to 33 funds at a price of £ 106 per share. This leads to a total transaction value of £ 750.32 crore, as indicated in the circular. 10 Oct 2025, 09:31:41 AM ist Canara HSBC Life Insurance IPO Day 1 Live: IPO discussion Canara HSBC IPO has no more than 50% of the shares in the public edition for qualified institutional buyers (QIB), no less than 15% for non-institutional investors (NII). 10 Oct 2025, 09:29:56 AM IST Canara HSBC Life Insurance IPO Day 1 Live: Here’s what GMP Tips Canara HSBC Life IPO GMP Today or Gray Market Premium is £ 10. This indicates that Canara HSBC Life share price Thursday at a premium in the Gray Market. According to Investorgain.com. Taking into account the top of the IPO price band and the current premium in the gray market, the estimated list price of Canara HSBC Life share price is indicated at £ 116, which is 9.43% higher than the £ 106 IPO price. Robust listing will have. Experts indicate that the minimum GMP is £ 0.00, while the maximum GMP reaches £ 14. ‘Gray Market Premium’ indicates investors’ readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.