Canara HSBC Life Insurance Company Limited IPO
Mainboard₹ 14840 /140 Shares
10 Oct, 2025
Open Date14 Oct, 2025
Close Date15 Oct, 2025
Allotment Date17 Oct, 2025
Listing DateExpected Premium
+ ₹14-15 (13.21%)*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Expected Premium
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
- 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 NA shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,NA (NA%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| QIB Shares Offered | NA (NA%) | |
| NII (HNI) Shares Offered | NA (NA%) | |
| bNII < ₹10L | NA (NA%) | |
| sNII < ₹10L | NA (NA%) | |
| Retail Shares Offered | NA (NA%) | |
| Total Shares Offered | NA (NA%) |
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.
Canara HSBC Life Insurance Company Valuations
Canara HSBC Life Insurance Company Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
|---|
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
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
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
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.
