Three mainboard IPOs- Canara HSBC Life Insurance Company, Rubicon Research and Canara Robeco Asset Management Company- are open for investors for bidding. However, the former one opened for bidding today, while the latter two opened a day ago. All the three issues are looking to cumulatively raise more than Rs 5,220 crore via their primary offerings. Advertisement

Canara Robeco Asset Management, which launched its IPO on Thursday, October 09, is having its day two of subscription. The issue saw an overall subscription of 39 per cent as 1.45 pm. Retail portion was booked only 61 per cent, while the HNI portion was subscribed 40 per cent. Quota for retail bidders was not even off the mark as of the same time.

Canara Robeco AMC is offering its shares in the range of Rs 253-266 apiece with

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