Mumbai, Oct. 10 -- The initial public offer of Canara HSBC Life Insurance Company received bids for 1,51,32,320 shares as against 16,67,15,000 shares on offer, according to stock exchange data at 17:00 IST on Friday (10 October 2025). The issue was subscribed 0.09 times.

The issue opened for bidding on 10 October 2025 and it will close on 14 October 2025. The price band of the IPO is fixed between Rs 100 and 106 per share. An investor can bid for a minimum of 140 equity shares and in multiples thereof.

The IPO comprises an OFS of 23.75 crore equity shares, aggregating to Rs 2,375 crore.

OFS from the promoters comprised sale of 13.775 crore equity shares by Canara Bank and up to 0.475 crore equity shares by HSBC Insurance (Asia-Pacific)...