Mumbai, Oct. 15 -- The initial public offer of Canara HSBC Life Insurance Company received bids for 38,21,61,220 shares as against 16,67,15,000 shares on offer. The issue was subscribed 2.29 times.

The Qualified Institutional Buyers (QIB) category was subscribed 7.05 times, the Retail Individual Investors category was subscribed 0.42 times and the Non-Institutional Investors category was subscribed 0.33 times.

The issue opened for bidding on 10 October 2025 and it closed on 14 October 2025. The price band of the IPO is fixed between Rs 100 and 106 per share.

The IPO comprised 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 ...