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Canara HSBC Life Insurance files for an IPO, PNB to exit JV

Canara HSBC Life Insurance files for an IPO, PNB to exit JV

by AIP Online Bureau | Apr 29, 2025 | Indian News, Life, Regulation, Wealth Management/ Philanthropy

Canara HSBC Life Insurance Company is a joint venture promoted by state-owned Canara Bank, which owns a 51 per cent stake, and HSBC Group’s HSBC Insurance (Asia Pacific) Holdings, which holds 26 per cent. Punjab National Bank holds the rest of stakes and will...

Fund raising from capital markets to jump 21% to Rs 14.27 trn in FY25: Buch

by AIP Online Bureau | Jan 12, 2025 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

Buch said in the past nine months of the current fiscal, entities have mobilised Rs 3.3 trillion in equity and Rs 7.3 trillion from the debt markets, with the overall mop-up reaching Rs 10.7 trillion. Mumbai: Overall fundraising from capital markets, including through...

India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore

by AIP Online Bureau | Dec 28, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Of the 91 issues, six have delivered returns exceeding 100 per cent over their issue prices. More than two-thirds of the stocks have delivered positive returns against their issue prices, according to the report Mumbai: India is on track to become the world’s...

Niva Bupa shares jump 6 pc in market debut

by AIP Online Bureau | Nov 14, 2024 | Health, Indian News, Wealth Management/ Philanthropy

The Rs 2,200-crore initial public offering of Niva Bupa Health Insurance got subscribed 1.80 times on the closing day of share sale on Monday.The Initial Public Offering (IPO) had a price band of Rs 70-74 per share New Delhi: Shares of Niva Bupa Health Insurance...
Niva Bupa Health Insurance files draft prospectus with Sebi for a Rs 3,000 crore IPO

Niva Bupa Health Insurance files draft prospectus with Sebi for a Rs 3,000 crore IPO

by AIP Online Bureau | Jul 2, 2024 | Health, Indian News, Non-Life, Wealth Management/ Philanthropy

The IPO with a face value of Rs 10 each is a mix of fresh issuance of Rs 800 crore and an offer for sale of up to Rs 2,200 crore by promoter and investor selling shareholders.The offer for sale consists of up to Rs 320 crore by Bupa Singapore Holdings Pte. Ltd., and...
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