Canara HSBC Life Insurance IPO Reservation
The Canara HSBC Life Insurance IPO reservation is divided among different investor categories in accordance with SEBI regulations and the company's offer structure. A total of 16,67,15,000 equity shares are available for allocation across Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Employees.
The Retail Individual Investor (RII) category has the highest allocation with 8,25,82,500 shares, representing 49.54% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,71,90,000 shares (28.31%), while Non-Institutional Investors (NIIs) receive 3,53,92,500 shares (21.23%). The NII portion is further divided into Big Non-Institutional Investors (BNII) with 2,35,95,000 shares (14.15%) and Small Non-Institutional Investors (SNII) with 1,17,97,500 shares (7.08%).
The IPO also includes a dedicated reservation for Employees, comprising 15,50,000 shares (0.93%). This category-wise reservation provides a clear view of how the IPO shares are distributed among eligible investor groups.
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IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 47190000 | 28.31 | 0 |
| Non-Institutional | 35392500 | 21.23 | 0 |
| BNII | 23595000 | 14.15 | 0 |
| SNII | 11797500 | 7.08 | 0 |
| Retail Investors | 82582500 | 49.54 | 0 |
| Employees | 1550000 | 0.93 | 0 |
| Total | 166715000 | 100 | 0 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the retail investor quota in the Canara HSBC Life Insurance IPO?
The Retail Individual Investor (RII) quota in the Canara HSBC Life Insurance IPO comprises 8,25,82,500 equity shares, representing 49.54% of the total IPO issue.
What is the reservation for QIBs in the Canara HSBC Life Insurance IPO?
Qualified Institutional Buyers (QIBs) have been allocated 4,71,90,000 equity shares, representing 28.31% of the total IPO issue.
What is the reservation for HNI investors in the Canara HSBC Life Insurance IPO?
The Non-Institutional Investors (NII) category has been allotted 3,53,92,500 equity shares (21.23%). This category is further divided into: Big HNI (bNII): 1,17,97,500 shares (14.15%) Small HNI (sNII): 2,35,95,000 shares (7.08%).
What is the category-wise reservation in the Canara HSBC Life Insurance IPO?
The Canara HSBC Life Insurance IPO reservation is divided as follows: Qualified Institutional Buyers (QIB): 4,71,90,000 shares (28.31%). Non-Institutional Investors (NII): 3,53,92,500 shares (21.23%). Retail Individual Investors (RII): 8,25,82,500 shares (49.54%). Employees: 15,50,000 shares (0.93%).
Is there an employee reservation in the Canara HSBC Life Insurance IPO?
Yes. The Canara HSBC Life Insurance IPO has reserved 15,50,000 equity shares, representing 0.93% of the total issue for eligible employees.
Is there a shareholder quota in the Canara HSBC Life Insurance IPO?
No. The Canara HSBC Life Insurance IPO does not include a shareholder reservation.