Canara HSBC Life IPO sees tepid demand on Day 1, booked 9%; GMP dips

Canara HSBC Life IPO sees tepid demand on Day 1, booked 9%; GMP dips

The Canara HSBC Life IPO has seen a modest subscription rate of 0.09 times on its first day. With a grey market premium of ₹2, shares could list at ₹108, slightly above the issue price of ₹106.