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Canara HSBC Life Share Price, IPO Listing, GMP Live Updates: Canara HSBC Life opened its subscription on October 10 and closed it on October 14. The company raised a sum of Rs 2,517.50 crore via an offer for sale of 23.75 crore shares. Canara HSBC had set the bidding price at Rs 106 per equity share.

SBI Capital Markets is the book-running lead manager for the IPO.

Canara HSBC Life Insurance is a private life insurance company in India, jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings. The company offers a portfolio comprising 20 individual products, 7 group products, and 2 optional riders, along with policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The company recorded the third-highest individual weighted premium income

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