Canara HSBC Life Insurance Company IPO

Canara HSBC Life Insurance Company IPO is listed on BSE and NSE, priced at ₹100–₹106 per share. The stock debuted at ₹106 with a flat listing performance. The IPO had a lot size of ₹140 shares and a minimum investment of ₹14,840.

Canara HSBC Life Insurance Company Limited IPO

Mainboard Listed
₹14,840 (140 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 10, 2025 – Oct 14, 2025
Price band
₹100-106 per equity share
Minimum Investment
₹14,840
Issue size
₹2517.5 Cr
Lot size
140
Allotment Date
Oct 15, 2025
Listing
Oct 17, 2025
Listing At
BSE, NSE

IPO timeline

  1. Oct 10, 2025

    Open Date

    Completed

  2. Oct 14, 2025

    Close Date

    Completed

  3. Oct 15, 2025

    Allotment Date

    Completed

  4. Oct 17, 2025

    Listing Date

    Completed

Price Summary

Last closing
136.50 (28.77%)
52 week high
159.00
52 week low
106.00
Last update

Canara HSBC Life Insurance Company IPO Subscription Details

View Subscription Details
QIB 7.05x
Retail 0.42x
NIIs 0.33x
bHNI 0.28x
sHNI 0.44x
Retail 0.42x
EMP 2.06x
Total 2.29x

Canara HSBC Life Insurance Company IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Canara HSBC Life Insurance Company IPO Essentials

Canara HSBC Life Insurance Company IPO Details

Canara HSBC Life Insurance Company IPO is priced at ₹100-106 per share with a total issue size of 2517.5 crore. The IPO has a lot size of 140 shares and is listed on BSE and NSE.

Issue price
₹100-106 per equity share
Lot size
140 shares
Face value
₹10 Per Equity Share
Issue size
Offer For Sale : 23,75,00,000 shares(aggregating up to ₹2,517.5 Cr)
Total issue size
23,75,00,000 shares
(aggregating up to ₹2517.5 crore)
Offer for sale (OFS)
23,75,00,000 shares
(aggregating up to ₹2517.5 crore)
Listing at
BSE, NSE
List price
106.0(NSE)
Listing date
Registrar
Kfin Technologies Ltd
Lead manager
SBI Capital Markets Ltd, BNP Paribas, HSBC Securities & Capital Markets (India), JM Financial Ltd, Motilal Oswal Investment Advisors Ltd

Market Lot Size

Investors can bid for a minimum of 140 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 140 ₹14,840
Retail(max) 13 1,820 ₹1,92,920
sHNI(min) 14 1,960 ₹2,07,760
sHNI(max) 67 9,380 ₹9,94,280
sHNI(min) 68 9,520 ₹10,09,120

Canara HSBC Life Insurance Company IPO Documents

Canara HSBC Life Insurance Company IPO Reservation

Canara HSBC Life Insurance Company IPO reservation details show category-wise allocation of shares. Out of the total 23,75,00,000 shares, approximately 20% are reserved for QIB, 14.9% for NII, 34.77% for retail investors, 0.65% for employees, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 7,07,85,000 (30%)
QIB Shares Offered 4,71,90,000 (20%)
NII (HNI) Shares Offered 3,53,92,500 (14.9%)
bHNI > ₹10L 2,35,94,480 (10%) 12,038
sHNI < ₹10L 1,17,97,240 (5%) 6,019
Retail Shares Offered 8,25,82,500 (34.77%) 5,89,875
Employee Shares Offered 15,50,000 (0.65%)
Total Shares Offered 23,75,00,000 (100%)

Canara HSBC Life Insurance Company IPO Analytics

Canara HSBC Life Insurance Company IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Canara HSBC Life Insurance Company IPO Subscription Status

Canara HSBC Life Insurance Company IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 2.29x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 4,71,90,000
3,53,92,500
2,35,95,000
1,17,97,500
8,25,82,500 16,67,15,000
Day 1 10-10-25 05:00 PM
0.03 x
0.05x
0.02x
0.11x
0.14 x 0.09 x
Day 2 13-10-25 05:00 PM
0.32 x
0.14x
0.07x
0.27x
0.27 x 0.27 x
Day 3 14-10-25 05:00 PM
7.05 x
0.33x
0.28x
0.44x
0.42 x 2.29 x
Total No. of Applications
bHNI sHNI Retail
179223 (Approx) 0.04x 0.36x 0.28x

Canara HSBC Life Insurance Company Valuations

Earnings

EPS Pre IPO
₹1.23/-
EPS Post IPO
₹0.99/-
P/E Pre IPO
86.08
P/E Post IPO
107.53

Returns

ROE
7.71%
RoNW
7.97%

Fundamentals

Price / Book
6.64
Market Cap
10070 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Canara HSBC Life Insurance Company Financials( In Crs.)

30-Jun-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 44,047.98 41,852.09 37,815.80 30,548.89
Profit After Tax 23.41 116.98 113.32 91.19
Net Worth 1,540.28 1,516.86 1,418.88 1,353.07
Reserves & Surplus 590.28 566.86 468.88 403.07

Canara HSBC Life Insurance Company Company & Offer Insights

About Canara HSBC Life Insurance Company

Established in 2007, Canara HSBC Life Insurance Company Limited is a private life insurance company in India, promoted jointly by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.

Canara HSBC Life Insurance has a portfolio that includes 17 individual products, 7 group products, and 2 optional riders, as well as policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). Between Fiscal 2021 and 2024, the company registered the third-largest individual weighted premium income (WPI) among bank-led insurers.

The organization has made good strides in digitalization by partnering with internet platforms such as Policybazaar and Robinhood Insurance. During April to December 2024, nearly 72% of online policy applications were processed automatically without any manual intervention, and over 99% were carried out online.

Distribution Channels:
Bancassurance (including Canara Bank, HSBC, 8 Regional Rural Banks, Dhanlaxmi Bank)
Brokers and Corporate Agents
Direct Sales and Online Platforms

Bancassurance is still the core channel of the company with access to more than 15,700 branches spread all over India. Canara Bank tie-up alone has an access to 117 million customers via 9,816 branches as on December 31, 2024

Canara HSBC Life Insurance Company Promoter(s)

Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Limited are the company's promoters of Canara HSBC Life Insurance Company.

Canara HSBC Life Insurance Company IPO Issue Objectives

To carry out the Offer for Sale of up to 237,500,000 Equity Shares of face value of ₹10 each by the Selling Shareholders
Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Canara HSBC Life Insurance Company IPO - Anchor Investors

Canara HSBC Life Insurance raises more than Rs 750 crore through anchor book.

International investors such as Ashoka WhiteOak, Allianz Global, Pictet, Amundi Funds, Marshall Wace Investment, Societe Generale, Integrated Core Strategies, Copthall Mauritius Investment, and Susquehanna Pacific took part in the anchor book.

Eight such mutual fund houses from the domestic institutional space, including ICICI Prudential Mutual Fund, HDFC AMC, Mirae Asset, DSP MF, WhiteOak Capital, Quant Mutual Fund, and Motilal Oswal AMC, also bought 4.26 crore shares of the insurance firm for Rs 452.55 crore.

Canara HSBC Life Insurance Company IPO - Strengths and Risks

Canara HSBC Life Insurance Company IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Supported by Canara Bank (51%) and HSBC Insurance (26%), which increases credibility and brand recall.
Good NPS (75) and accolades such as 'Most Amiable Insurer' indicate high customer confidence.
Wide reach across bancassurance, brokers, direct selling, and online platforms across the country.
Consistent rise in profits, AUM (CAGR 16.74%), and individual weighted premium income (CAGR 14.65%).
Well-balanced product mix of protection, savings, annuity, unit-linked, and group products catering to diversified customer requirements.

Risks

Termination or negative modifications of bancassurance arrangements, particularly with Canara Bank or HSBC India, could affect business and finances.
Negative persistency ratios or policy surrenders with high concentration might significantly influence profitability and cash flows.
Regulatory updates or failure to meet IRDAI standards might affect operations and incur penalties.
Excessive competition in the Indian life insurance industry can impact profitability and market share

Contact Information

Contact Details

Canara HSBC Life Insurance Company

+91 01244506761

investor@canarahsbclife.in

http://www.canarahsbclife.com/

8th Floor, Unit No. 808-814, Ambadeep Building, Kasturba Gandhi Marg, Connaught Place, Central Delhi, Delhi, New Delhi, 110001

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

einward.ris@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

Canara HSBC Life Insurance Company IPO is a book-built IPO worth ₹2517.5 crore. The price band is ₹100–₹106 per share. The IPO opens on Oct 10, 2025 and closes on Oct 14, 2025. It will be listed on BSE and NSE. Kfin Technologies Ltd is the registrar.

The price band of Canara HSBC Life Insurance Company IPO is ₹100 to ₹106 per share.

The lot size of Canara HSBC Life Insurance Company IPO is 140 shares.

The minimum investment for Canara HSBC Life Insurance Company IPO is approximately ₹14,840 based on the upper price band .

Canara HSBC Life Insurance Company IPO opens on Oct 10, 2025 and closes on Oct 14, 2025.

The allotment date of Canara HSBC Life Insurance Company IPO is Oct 15, 2025.

Canara HSBC Life Insurance Company IPO is expected to be listed on Oct 17, 2025, on BSE and NSE .

Canara HSBC Life Insurance Company IPO listed on Oct 17, 2025. It was issued at ₹106.0(NSE) and is currently around ₹136.50 as on 14-May-2026 3:30 PM, which is approximately 28.8% versus issue price. The 52-week high is ₹159.00.

Based on listing and post-listing performance, Canara HSBC Life Insurance Company IPO delivered around 28.8% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Canara HSBC Life Insurance Company IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Canara HSBC Life Insurance Company IPO valuation snapshot: P/E 107.53, EPS ₹0.99/-, P/B 6.64, RoNW 7.97%, and market cap 10070 Cr.

To apply for Canara HSBC Life Insurance Company IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Canara HSBC Life Insurance Company IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Canara HSBC Life Insurance Company IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Canara HSBC Life Insurance Company IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Canara HSBC Life Insurance Company IPO allotment status on IPO Ji for quick and easy access.