Canara HSBC Life Insurance coverage Itemizing: Shares of Canara HSBC Life Insurance coverage Firm Ltd. made their market debut on Friday, October 17, 2025, itemizing flat at Rs 106 per share on each NSE and BSE. The IPO had a worth band of Rs 100-106 per share, and the post-listing market capitalization stood at Rs 10,070 crore.
The itemizing comes after the IPO was subscribed 2.29 instances between October 10-14, supported by robust participation from certified institutional patrons (QIBs) and non-institutional traders (NIIs). Shares have been credited to investor demat accounts on Thursday, October 16, finishing the allotment and refund course of for non-allottees.
The IPO allotment was finalised on Wednesday, October 15, whereas the credit score of shares to traders’ demat accounts was accomplished on Thursday, October 16. Refunds for non-allottees have been additionally processed yesterday, finishing the pre-listing formalities.
Canara HSBC Life Insurance coverage IPO Subscription and market response
The Canara HSBC Life IPO acquired a chilly response from traders, having 2.29 instances subscription on the ultimate day of bidding on Tuesday, October 14, as per BSE knowledge. The certified institutional patrons (QIBs) and non-institutional traders (NIIs) offered the many of the assist, whereas the retail portion remained modest.
Anil Singhvi advise for traders
Market knowledgeable Anil Singhvi believes the inventory might record round its challenge worth of Rs 106, reflecting a secure however not spectacular debut. Singhvi described the problem as one which acquired a “chilly response” and suggested risk-taking traders to use solely with a long-term view.
He added that short-term traders ought to hold a stop-loss under the IPO worth, whereas long-term traders can proceed to carry the inventory post-listing.
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