Canara HSBC Life Insurance Company Limited IPO

Mainboard

Life Insurance

Listed On: Oct 17, 2025 at ₹ 106.0(NSE)

₹ 14840 /140 Shares

Check Allotment

10 Oct, 2025

Open Date

14 Oct, 2025

Close Date

15 Oct, 2025

Allotment Date

17 Oct, 2025

Listing Date

Price Summary

Last Closing

122.51 (15.58%)

52 Week High

128.20

52 Week Low

106.00

Last Update

24-Nov-2025 3:30 PM

Canara HSBC Life Insurance Company IPO Live 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

Last updated: 14 Oct 2025, 06:57 PM

Canara HSBC Life Insurance Company IPO Issue Details

Issue Price ₹100-106 per equity share
Face Value ₹10 Per Equity Share
Total Issue Size 23,75,00,000 shares(aggregating up to ₹2517.5 crore)
Offer For Sale 23,75,00,000 shares(aggregating up to ₹2517.5 crore)
Listing at BSE, NSE
List Price 106.0(NSE)
Listing Date 2025-10-17
Lead Manager SBI Capital Markets Ltd
BNP Paribas
HSBC Securities & Capital Markets (India)
JM Financial Ltd
Motilal Oswal Investment Advisors Ltd
Registrar Kfin Technologies 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
BHNI(min)	68	9,520	₹10,09,120

Canara HSBC Life Insurance Company IPO Reservation

Canara HSBC Life Insurance Company IPO offers total 23,75,00,000 shares. Out of which 4,71,90,000 (20%) allocated to QIB, 3,53,92,500 (14.9%) allocated to NII,8,25,82,500 (34.77%) allocated to RII, 15,50,000 (0.65%) allocated to employees and 7,07,85,000 (30%) allocated to 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%)
bNII < ₹10L	2,35,94,480 (10%)
sNII < ₹10L	1,17,97,240 (5%)
Retail Shares Offered	8,25,82,500 (34.77%)
Employee Shares Offered	15,50,000 (0.65%)
Total Shares Offered	23,75,00,000 (100%)

Canara HSBC Life Insurance Company IPO Documents

DRHP

RHP

ANCHOR

Canara HSBC Life Insurance Company IPO Details

Canara HSBC Life Insurance Company IPO is a book-built issue of ₹2517.5 crores, The total issue size is ₹2517.5 crores. The IPO of Canara HSBC Life Insurance Company is priced at ₹100-106 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Oct 10, 2025 and ends on Oct 14, 2025. The allotment for Canara HSBC Life Insurance Company IPO will be finalized on Oct 15, 2025. Canara HSBC Life Insurance Company IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 17, 2025. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 140 shares, extendable to 14,840. S-HNIs will be able to bid for 1,960 shares at ₹2,07,760, while B-HNIs can also apply for a bid of 9,520 shares at ₹10,09,120. The book-running lead manager for the IPO is/are SBI Capital Markets Ltd, BNP Paribas, HSBC Securities & Capital Markets (India), JM Financial Ltd, Motilal Oswal Investment Advisors Ltd.

The total issue ₹2517.5 crore and having Offer for Sale (OFS) of 23,75,00,000 shares to mop up ₹2517.5 crore.

The Canara HSBC Life Insurance Company IPO sets its price band at 100-106 for each share. A single application for Canara HSBC Life Insurance Company Limited IPO must contain at least 140 shares. Sentiment investors need to invest a minimum of 140 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,840 In order to participate in the sNII, investors must purchase at least 14 lots of 1,960 shares for ₹2,07,760, while the bNII requires 68 lots of 9,520 shares for an investment of ₹10,09,120.

As on	QIB	NII bNII sNII	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	0.05 0.02 x 0.11 x	0.14 x	0.09 x
Day 2 13-10-25 05:00 PM	0.32 x	0.14 0.07 x 0.27 x	0.27 x	0.27 x
Day 3 14-10-25 05:00 PM	7.05 x	0.33 0.28 x 0.44 x	0.42 x	2.29 x

Total No of Applications

1,79,215

Subscription on the basis of Applications

Retail:0.28x BHNI:0.04x SHNI:0.36x

Canara HSBC Life Insurance Company Valuations

EPS Pre IPO ₹1.23/-

EPS Post IPO ₹0.99/-

P/E Pre IPO 86.08

P/E Post IPO 107.53

ROE 7.71%

RoNW 7.97%

Price to Book Value 6.64

Market Cap. 10070 Cr.

Canara HSBC Life Insurance Company Company Financials

In Crs.

In Cr.

	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

About Canara HSBC Life Insurance Company 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

Pre Issue Share Holding : N/A%

Post Issue Share Holding : N/A%

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.

Strength

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.

Weakness

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 Details

Canara HSBC Life Insurance Company

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

+91 01244506761

investor@canarahsbclife.in

http://www.canarahsbclife.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

einward.ris@kfintech.com

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

Canara HSBC Life Insurance Company IPO - FAQs

Ans. Canara HSBC Life Insurance Company Limited IPO is a Mainboard IPO. The issue is priced at ₹100-106 per equity share. The minimum order quantity is 140 Shares. The IPO opens on Oct 10, 2025, and closes on Oct 14, 2025. Kfin Technologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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

Ans. You can track the real-time subscription numbers using the links below:

Ans. The size of Canara HSBC Life Insurance Company Limited IPO is Offer For Sale : 23,75,00,000 shares(aggregating up to ₹2,517.5 Cr).

Ans. The Canara HSBC Life Insurance Company Limited IPO price band is set between ₹100-106 per equity share.

Ans. To apply for Canara HSBC Life Insurance Company Limited IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Canara HSBC Life Insurance Company Limited IPO in the List of IPOs
- Press Apply Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

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

Ans. The Canara HSBC Life Insurance Company Limited IPO will be listed on Oct 17, 2025.

Ans. Follow the steps to check the Canara HSBC Life Insurance Company Limited IPO allotment status online.