Canara HSBC Life Insurance Company IPO Details

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Canara HSBC Life Insurance Company IPO opens for subscription on 10 Oct 2025 and closes on 14 Oct 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 17 Oct 2025.

Canara HSBC Life Insurance Company IPO price band has been fixed at ₹100 – ₹106 per share.The face value is ₹10 per share with a lot size of 140.

Canara HSBC Life Insurance Company IPO total issue size comprises 23,75,00,000 shares (aggregating up to ₹2517.50 Cr). Offer for Sale consists of 23,75,00,000 shares (aggregating up to ₹2517.50 Cr). Pre-issue shareholding stands at 9,07,06,51,260, which will increase to 9,07,06,51,260 post-issue.

Canara HSBC Life Insurance Company IPO carries a ₹3 (2.8%) GMP, reflecting investor sentiment.

Canara HSBC Life Insurance Company IPO Lot Size : Retain Minimum is 1 lot (140 shares) amounting to ₹14,840. Retain Maximum is 13 lots (1,820 shares) amounting to ₹192,920. SHNI Minimum is 14 lots (1,960 shares) amounting to ₹207,760. SHNI Maximum is 67 lots (9,380 shares) amounting to ₹994,280. BHNI Minimum is 68 lots (9,520 shares) amounting to ₹1,009,120.

The Lead Managers for Canara HSBC Life Insurance Company IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is SBI Capital Markets Limited, HSBC Securities & Capital Markets Pvt Ltd, BNP Paribas, Jm Financial Limited, Motilal Oswal Investment Advisors Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Canara HSBC Life Insurance Company Limited RHP.

Canara HSBC Life Insurance Company IPO Details

Listing Price : ₹106 at Par
Open Date
10 Oct 2025
Close Date
14 Oct 2025
Listing Date
17 Oct 2025
Issue Price
₹100 - ₹106
Face Value
₹10 per share
Lot Size
140
GMP
₹3 (2.8%)
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
9070651260
Share holding post issue
9070651260
Total Issue Size
23,75,00,000 shares (aggregating up to ₹2517.50 Cr)
Fresh Issue
-
Offer for Sale
23,75,00,000 shares (aggregating up to ₹2517.50 Cr)

Canara HSBC Life Insurance Company IPO Subscription

Canara HSBC Life Insurance Company IPO Application Wise Breakup (Approx)

Canara HSBC Life Insurance Company IPO Dates

  • 10 Oct 2025
    Opening dateOPD
  • 14 Oct 2025
    Closing dateCOD
  • 15 Oct 2025
    Allotment Date BOA
  • 16 Oct 2025
    Initiation of RefundsIOR
  • 16 Oct 2025
    Credit of SharesCOS
  • 17 Oct 2025
    Listing dateLID

Canara HSBC Life Insurance Company IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum1140₹14,840
Retain Maximum131820₹192,920
SHNI Minimum141960₹207,760
SHNI Maximum679380₹994,280
BHNI Minimum689520₹1,009,120

Canara HSBC Life Insurance Company IPO Reservation

Promoter Holding

Pre Issue:77%
Post Issue:62%
Promoter Names:
Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Limited

Canara HSBC Life Insurance Company IPO Valuations

ROE:7.71%
RONW:7.97%

Canara HSBC Life Insurance Company Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets44,047.9841,852.0937,815.8030,548.89
Total Income42.35234.01240.88261.59
Profit After Tax23.41116.98113.3291.19
EBITDA31.28149.91146.56118.82
NET Worth1,540.281,516.861,418.881,353.07
Reserves and Surplus590.28566.86468.88403.07
Amount in ₹ Crore

About Canara HSBC Life Insurance Company IPO

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

Key Business Verticals:

  • Individual Life Insurance (Savings, Endowment, Term Plans)
  • Group Insurance Solutions (Credit Life, Protection Plans)
  • Retirement & Pension Products
  • Government Schemes (PMJJBY)
  • Digital Insurance Distribution & Embedded Insurance Partnerships

Canara HSBC Life Insurance offers a portfolio comprising 20 individual products, 7 group products, and 2 optional riders, along with policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The company recorded the third-highest individual weighted premium income (WPI) among bank-led insurers between Fiscal 2021 and 2025.

Distribution Channels:

  • Bancassurance (including Canara Bank, HSBC, 8 Regional Rural Banks, Dhanlaxmi Bank)
  • Brokers and Corporate Agents
  • Direct Sales and Digital Platforms

Bancassurance remains the company’s core channel, with access to over 15,700 branches across India. The partnership with Canara Bank alone provides a gateway to 117 million customers through 9,849 branches (as of Mar 31, 2025).

 

Strength Of Canara HSBC Life Insurance Company IPO

  • Extensive bank branch networks enhance market reach and access.
  • A diverse product portfolio caters to varied customer needs.
  • Associations with reputable banks build customer trust.
  • Experience in life insurance supports effective risk management.

Risk Of Canara HSBC Life Insurance Company IPO

  • Regulatory changes can impact operations and profitability.
  • Intense competition may affect growth and pricing.
  • Economic downturns can reduce policy purchases.
  • Investment earnings are subject to market volatility.
  • Heavy reliance on bancassurance might limit growth if strategies shift.

Objectives Canara HSBC Life Insurance Company IPO

1. 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 aggregating up to ₹[●] million; and

2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Company Contact Details

Canara HSBC Life Insurance Company Limited
8 th Floor, Unit No. 808- 814,
Ambadeep Building, Kasturba Gandhi Marg,
Connaught Place, Central Delhi
Delhi, New Delhi
Phone: +91 01244506761
Email: investor@canarahsbclife.in
Website: http://www.canarahsbclife.com/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

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