Canara HSBC IPO: Insurance firm sets price band at Rs 100 to Rs 106; targets Rs 10,000 crore valuation
Canara HSBC IPO: Insurance firm sets price band at Rs 100 to Rs 106; targets Rs 10,000 crore valuation
Canara HSBC Life Insurance has announced its IPO price band of Rs 100-106 per share, aiming for a Rs 10,000 crore valuation. The Rs 2,516 crore offer opens October 10, closing October 14. This is a full offer for sale, with promoters Canara Bank and HSBC selling shares. The insurer is set to list on October 17.
Canara HSBC Life Insurance has announced its IPO price band of Rs 100-106 per share, aiming for a Rs 10,000 crore valuation. The Rs 2,516 crore offer opens October 10, closing October 14. This is a full offer for sale, with promoters Canara Bank and HSBC selling shares. The insurer is set to list on October 17.