Canara HSBC Life Insurance Company
Mainboard₹14,840 / 140 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 14 Oct 2025, 06:57 PM |
| QIBs | 7.05 times |
| NII | 0.33 times |
| Retail | 0.42 times |
| Employee | 2.06 times |
| Total | 2.29 times |
Canara HSBC Life Insurance Company IPO Details
The Canara HSBC Life Insurance Company IPO price band is set between ₹100-106 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 10 Oct, 2025 and closes on 14 Oct, 2025. Investors can check the allotment status on 15 Oct, 2025, while the listing date is tentatively scheduled for 17 Oct, 2025.
The total issue size is 23,75,00,000 shares, aggregating up to ₹2517.5 crore. Stay tuned for the latest Canara HSBC Life Insurance Company IPO review and GMP updates.
Canara HSBC Life Insurance Company IPO Review, Rating & Analysis
Canara HSBC Life Insurance Company IPO Review
NO REVIEWCanara HSBC Life Insurance Company IPO Rating
Canara HSBC Life Insurance Company IPO Highlights
IPO Date
Oct 10, 2025 - Oct 14, 2025
Listing Date
17 Oct, 2025
Face Value
₹10 Per Equity Share
Price Band
₹100-106 per equity share
Lot Size
140 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Canara HSBC Life Insurance Company IPO Lot Size
The minimum market lot for Canara HSBC Life Insurance Company IPO is 140 shares with an application amount of ₹14,840. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 140 | ₹14,840 |
| Retail (Max) | 13 | 1820 | ₹1,92,920 |
| S-HNI (Min) | 14 | 1960 | ₹2,07,760 |
| S-HNI (Max) | 67 | 9380 | ₹9,94,280 |
| B-HNI (Min) | 68 | 9520 | ₹10,09,120 |
Canara HSBC Life Insurance Company IPO Timeline
Issue Price
₹100-106 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LtdLead Manager
SBI Capital Markets LtdBNP ParibasHSBC Securities & Capital Markets (India)JM Financial LtdMotilal Oswal Investment Advisors LtdIssue Size
23,75,00,000 shares(aggregating up to ₹2517.5 crore)Canara HSBC Life Insurance Company IPO Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| 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
Canara HSBC Life Insurance Company IPO Valuations
EPS Pre IPO
₹1.23/-EPS Post IPO
₹0.99/-PE Pre IPO
86.08PE Post IPO
107.53ROE
7.71%ROCE
-Debt Equity
-RoNW
7.97%PAT Margin
-Price to Book Value
6.64Promoters & Share Holding
Promoter(s) Name
- Canara Bank
- HSBC Insurance (Asia-Pacific) Holdings Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About 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 IPO Subscription Details
| 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 110-10-25 05:00 PM | 0.03 x | 0.05
0.02 x
0.11 x
| 0.14 x | 0.09 x |
Day 213-10-25 05:00 PM | 0.32 x | 0.14
0.07 x
0.27 x
| 0.27 x | 0.27 x |
Day 314-10-25 05:00 PM | 7.05 x | 0.33
0.28 x
0.44 x
| 0.42 x | 2.29 x |
Retail:0.28x
BHNI:0.04x
SHNI:0.36x
Canara HSBC Life Insurance Company IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| 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 | - |
Company 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, 110001Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Frequently Asked Questions about Canara HSBC Life Insurance Company IPO
When will Canara HSBC Life Insurance Company IPO open for subscription?
The Canara HSBC Life Insurance Company IPO opens on 10 Oct, 2025 and closes on 14 Oct, 2025.
What is the investors portion for Canara HSBC Life Insurance Company IPO?
The investors' portion for QIB is 7.05 x, NII is 0.28 x, and Retail is 0.42 x.
How to apply for Canara HSBC Life Insurance Company IPO?
You can apply for Canara HSBC Life Insurance Company IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Canara HSBC Life Insurance Company IPO?
The issue size of Canara HSBC Life Insurance Company IPO is approx ₹23,75,00,000 shares(aggregating up to ₹2517.5 crore) crores.
What is the price band of Canara HSBC Life Insurance Company IPO?
The price band for Canara HSBC Life Insurance Company IPO is ₹100 to ₹106 per equity share.
What is the lot size of Canara HSBC Life Insurance Company IPO?
The minimum bid (lot size) for Canara HSBC Life Insurance Company IPO is N/A shares with an investment of approx ₹14,840 .
What is the allotment date of Canara HSBC Life Insurance Company IPO?
The allotment date for Canara HSBC Life Insurance Company IPO is 15 Oct, 2025.
What is the listing date of Canara HSBC Life Insurance Company IPO?
The listing date for Canara HSBC Life Insurance Company IPO is expected to be 17 Oct, 2025.
What is the GMP of Canara HSBC Life Insurance Company IPO?
The latest Grey Market Premium (GMP) for Canara HSBC Life Insurance Company IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.