Canara HSBC Life Insurance Co Limited – IPO

Canara HSBC Life Insurance Co.Ltd IPO is a book build issue of ₹2,517.50 crores. The issue is entirely an offer for sale of 23.75 crore shares of ₹2,517.50 crore. Canara HSBC Life IPO opens for subscription on Oct 10, 2025 and closes on Oct 14, 2025. The allotment for the Canara HSBC Life IPO is expected to be finalized on Oct 15, 2025. Canara HSBC Life IPO will list on BSE, NSE, with a tentative listing date fixed as Oct 17, 2025. Canara HSBC Life IPO price band is set at ₹100.00 to ₹106.00 per share. The lot size for an application is 140. The minimum amount of investment required by a retail investor is ₹14,840 (140 shares) (based on the upper price). The lot size investment for sNII is 14 lots (1,960 shares), amounting to ₹2,07,760, and for bNII, it is 68 lots (9,520 shares), amounting to ₹10,09,120.

Canara HSBC Life Insurance Co Limited – IPO Details

IPO Date October 10, 2025 to October 14, 2025
Listing Date October 17, 2025
Face Value ₹ 10 / Share
Price Band ₹ 100 to ₹ 106 / Share
Lot Size 140 Shares
Total Issue Size 23,75,00,000 shares
(Aggregating up to ₹2,517.50 Cr)
Fresh Issue
Offer for Sale
Employee Discount ₹10.00
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Share holding pre issue 9,07,06,51,260 shares
Share holding post issue 9,07,06,51,260 shares
Market Maker portion

Canara HSBC Life Insurance Co Limited Timeline (Tentative Schedule)

Canara HSBC Life Insurance Co Limited IPO opens on October 10, 2025, and closes on October 14, 2025.

IPO Open Date October 10, 2025
IPO Close Date October 14, 2025
Basis of Allotment October 15, 2025
Initiation of Refunds October 16, 2025
Credit of Shares to Demat October 16, 2025
Listing Date October 17, 2025
Cut-off time for UPI mandate confirmation October 14, 2025

Canara HSBC Life Insurance Co Limited IPO 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 Individual Investors (Retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 140 Rs.14,840
Retail (Max) 13 1,820 Rs.192,920
S-HNI (Min) 14 1,960 Rs.207,760
S-HNI (Max) 67 9,380 Rs.994,280
B-HNI (Min) 68 9,520 Rs.1,009,120
HNI (Min)

Canara HSBC Life Insurance Co Limited IPO Promoter Holding

Share Holding Pre Issue 62.93%
Share Holding Post Issue

Canara HSBC Life Insurance Co Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not more than
50%
NII (HNI) Shares Offered Not less than
15%
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered Not less than
35%
Employee Shares Offered
Total Shares Offered

Canara HSBC Life Insurance Co Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Canara HSBC Life Insurance Co Limited

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).

Competitive Strenghts

  • Established parentage and a trusted brand amplifying customer attraction
  • Multi-channel distribution network with PAN-India presence
  • Long term value creation driven by consistent and profitable financial performance
  • Diversified product portfolio
  • Technology integrated business platform with strong focus on automation and digital analytics
  • Experienced management team supported by a team of dedicated professionals

Key Performance Indicator

KPI Values
ROE 7.71%
ROCE
Debt/Equity
RoNW 7.97%
P/BV
PAT Margin (%)
  Pre IPO Post IPO
EPS (Rs)
P/E (x)

Objects of the Issue (Canara HSBC Life Insurance Co Limited IPO Objectives)

Canara HSBC Life Insurance Co Limited Contact Details

Canara HSBC Life Insurance Co.Ltd.

8th Floor, Unit No. 808- 814,

Ambadeep Building, Kasturba Gandhi Marg,

Connaught Place, Central Delhi

Delhi, New Delhi, 110001

Phone: +91 01244506761

Email[email protected]

Websitehttp://www.canarahsbclife.com/

Canara HSBC Life Insurance Co Limited IPO Registrar

Kfin Technologies Ltd.

Phone: 04067162222, 04079611000

Email[email protected]

Websitehttps://ipostatus.kfintech.com/

Frequently Asked Questions


What is Canara HSBC Life Insurance Co Limited IPO?
The Canara HSBC Life Insurance Co Limited IPO is classified as an Mainline IPO. The issue price is set between ₹100 and ₹106 per equity share. A minimum of 140 shares is required per order. The IPO will be open from October 10, 2025, to October 14, 2025. The shares are proposed to be listed on BSE, NSE.

When does the Canara HSBC Life Insurance Co Limited IPO open and close?
The Canara HSBC Life Insurance Co Limited IPO will be opened on October 10, 2025, and closed on October 14, 2025.

What is the issue size of the Canara HSBC Life Insurance Co Limited IPO?
The size of the Canara HSBC Life Insurance Co Limited IPO is ₹2,517.50 Crin total. A fresh issue of shares, aggregating up to , is included.

What is the price band of the Canara HSBC Life Insurance Co Limited Limited IPO?
The price band for the IPO has been set between ₹100 - ₹106 per equity share.

What is the allotment date of the Canara HSBC Life Insurance Co Limited IPO?
The share allotment date for the Canara HSBC Life Insurance Co Limited IPO is set for October 15, 2025.

What is the Canara HSBC Life Insurance Co Limited listing date?
The Canara HSBC Life Insurance Co Limited IPO is scheduled to be listed on October 17, 2025.

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