IPO HSBC Life IPO IPO HSBC HSBC Plan List 16,500 crore valuations

Mumbai: Life Insurance Canara HSBC has filed an offer of about 16,9200 crore and assume that much of the price (P / EV).

Stock sales will be all offers for sale up to 237,5 million shares, with Canara Run-Run banks are up to 137.75 million shares.

HSBC Insurance (ASEAN Pacific) Offered up to 4.75 million shares, and Punjab National Bank, based on 95 million shares

While the company has not provided formal valuation, Crere ₹ 16,500 photos are based on the valuation of the value of life insurance. This stall can pull around 2,200 crore for sale 14% on sale.

Separately, Bank of Canara is expected to raise about 500 grains by 13% of assets management, increased the borrower of the loan and loan.

IPO is an essential part of the Bank Bank’s strategy to unlock the cost from the life insurance sector throughout the life insurance sector. The stated players saw the contraction in the P / EV numbers during the last 3-4 years. The HDFC life saw many of it down from about 4X to now 2.76. Set up in 2007, Aum Canara HSBC Life stood ₹ 40,012 crore on 20,714. Insurers for nine months ends in December 2024, it went down to Pat’s 84.9 crore. Operations with value-worth over 20.4% worth of value, 172.6% value and VNB

Uncomporated savings products reduced to 17.5% from 33.4% over the same term.