Canara HSBC Life Insurance Co Limited – IPO
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] Website: http://www.canarahsbclife.com/ |
Canara HSBC Life Insurance Co Limited IPO Registrar
Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: [email protected] Website: https://ipostatus.kfintech.com/ |