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BSE LIVE NSE LIVE 26 Aug, 2025 12:21 Volume Todays L/H More ×

Canara Bank promoted private life insurer Canara HSBC Life Insurance Company will open its IPO (initial public offering) for public subscription next week on October 10. This would be the second subsidiary of Canara Bank launching IPO next week immediately after Canara Robeco Asset Management Company offer which is scheduled during October 9-13.

The IPO consists of solely offer-for-sale of up to 23.75 crore shares by promoters - Canara Bank , HSBC Insurance Asia-Pacific Holdings (the member of the Hongkong and Shanghai Banking Corporation group) - and investor Punjab National Bank, which is equivalent to 25 percent of its paid-up equity.

Canara Bank holds

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