Canara HSBC Life IPO closes with 2.29x subscription

Canara HSBC Life Insurance Company’s IPO concluded its bidding on Tuesday, achieving an overall subscription of 2.29 times. While retail and non-institutional investors showed lower interest, qualified institutional investors drove significant demand. The offer for sale, comprising 23.75 crore shares, aims to raise ₹2,517.5 crore.

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