Canara HSBC Life Insurance IPO Day 1: Issue subscribed 3%. Check GMP and key details. Should you apply?

Canara HSBC Life Insurance IPO opened with modest early subscription, attracting strong interest from retail investors and anchor investors contributing over Rs 750 crore. The 100% offer-for-sale IPO, priced at Rs 100106, reflects investor optimism and positions the insurer for growth in Indias bancassurance market.