Canara HSBC Life Insurance Company Limited IPO Details
MAINBOARD
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
Canara HSBC Life Insurance Company IPO Dates
- 10 Oct 2025Opening dateOPD
- 14 Oct 2025Closing dateCOD
- 15 Oct 2025Allotment Date BOA
- 16 Oct 2025Initiation of RefundsIOR
- 16 Oct 2025Credit of SharesCOS
- 17 Oct 2025Listing dateLID
Canara HSBC Life Insurance Company IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
To be announced |
Canara HSBC Life Insurance Company IPO Reservation
Promoter Holding
Canara HSBC Life Insurance Company IPO Valuations
Canara HSBC Life Insurance Company Financial Information
Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 40,316.50 | 37,815.80 | 30,548.89 | 26,548.52 |
Revenue | 5,265.51 | 7,128.70 | 7,197.38 | 5,889.92 |
Profit After Tax | 84.89 | 113.32 | 91.19 | 10.24 |
Net Worth | 1,401.66 | 1,418.88 | 1,353.07 | 1,290.37 |
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
Risk Of Canara HSBC Life Insurance Company IPO
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
Lead Mangers
Lead Manager Reports
Read more about Shringar House of Mangalsutra IPO
- Canara HSBC Life Insurance Company Limited IPO Detail
- Canara HSBC Life Insurance Company Limited IPO Subscription Detail
- Canara HSBC Life Insurance Company Limited IPO GMP Detail
- Checked Live Canara HSBC Life Insurance Company Limited IPO Allotment Status
- Canara HSBC Life Insurance Company Limited IPO Basis Of Allotment
- Canara HSBC Life Insurance Company Limited IPO Price Calculator
- Canara HSBC Life Insurance Company Limited IPO Stock Price