Canara HSBC Life Insurance Company Limited 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 total issue size comprises 23,75,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 23,75,00,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 9,07,06,51,260, which will increase to 9,07,06,51,260 post-issue.

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

Open Date
10 Oct 2025
Close Date
14 Oct 2025
Listing Date
17 Oct 2025
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
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 ₹0.00 Cr.)
Fresh Issue
23,75,00,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
-

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
To be announced

Canara HSBC Life Insurance Company IPO Reservation

Promoter Holding

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

Canara HSBC Life Insurance Company IPO Valuations

RONW:8.18%
EPS Pre IPO:1.19

Canara HSBC Life Insurance Company Financial Information

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets40,316.5037,815.8030,548.8926,548.52
Revenue5,265.517,128.707,197.385,889.92
Profit After Tax84.89113.3291.1910.24
Net Worth1,401.661,418.881,353.071,290.37
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 17 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 2024.

The company has made strong progress in going digital by teaming up with online platforms like Policybazaar and Robinhood Insurance. Between April and December 2024, about 72% of eligible policy applications were completed automatically without any manual work, and more than 99% were done online.

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 9,816 branches (as of December 31, 2024).

Strength Of Canara HSBC Life Insurance Company IPO

To be announced

Risk Of Canara HSBC Life Insurance Company IPO

To be announced

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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