Canara HSBC Life Insurance IPO allotment is scheduled for October 15. Refunds and share credits will follow on October 16. The stock will list on the BSE and NSE on October 17. The IPO saw a subscription of 2.30 times. Institutional investors led the demand. The grey market premium is currently flat. This indicates limited listing gains are expected.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets