iva Bupa Health Insurance Company saw its initial public offering (IPO) subscribed 65 per cent on the first day of bidding.
The issue received bids of 11,19,04,400 shares against the offered 17,28,57,143 equity shares, at a price band of Rs 70-74, according to the data available on the stock exchanges, according to a company statement.
Retail portion and non-institutional investors portion were subscribed 0.71 times and 0.33 times respectively, whereas Qualified Institutional Buye...
Niva Bupa Health Insurance’s IPO subscribed 65 pc on day 1
Public sector mortgage lender Canara Bank on Thursday said it closed the second quarter of FY24 with a 42.81 per cent growth in its net profit.In a regulatory filing, Canara Bank said for the quarter that ended September 30, it had earned a total interest income of Rs.26,837.68 crore (Q2FY23 Rs 20,106.92 crore) and a net profit of Rs 3,606.14 crore (Rs 2,525.47 crore).During the period under review, the bank had earned Rs 4,634.50 crore (Rs 4,825.27 crore) as other income taking the total inc...
Canara Bank logs 43% growth in Q2 PAT at Rs 3,606 cr
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