Canara HSBC Life IPO IPO – Key Details and Investment Highlights
The Canara HSBC Life IPO will open for subscription on October 10, 2025, and close on October 14, 2025. It is a Book Built Issue, aiming to raise approximately ₹2,517.50 crore. The IPO comprises a fresh issue of ₹[.] crore and an offer for sale of up to 23,75,00,000 equity shares with a face value of ₹10 each.
The price band for the Canara HSBC Life IPO is set between ₹100 and ₹140 per share. The allocation is divided as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (HNIs), and 35% for Retail Investors.
The IPO allotment date is scheduled for October 15, 2025, and the listing is expected on the BSE and NSE on October 17, 2025.
Canara HSBC Life’s IPO is expected to attract strong investor interest, given the company’s robust brand presence, solid financial track record, and growing foothold in India’s life insurance sector.
Canara HSBC Life IPO IPO Objectives:
- To carry out the Offer for Sale of up to 23,75,00,000 equity shares of face value ₹10 each by the selling shareholders, aggregating up to ₹[●] million
To achieve the benefits of listing the equity shares on the stock exchanges, thereby enhancing brand visibility and providing liquidity to the existing shareholders.
Canara HSBC Life IPO IPO Review (Apply or Not)
- May Apply
Canara HSBC Life IPO IPO Date & Price Band Details:
| IPO Open Date | October 10, 2025 |
| IPO Close Date | October 14, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹100 to ₹106 Per Share |
| Issue Size | Approx ₹2,517.50 Crores |
| Offer for Sale: | Approx 23,75,00,000 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Canara HSBC Life IPO IPO Lot Size:
The Canara HSBC Life IPO has a minimum market lot of 140 shares, requiring an application amount of ₹14,840. Retail investors can apply for a maximum of 13 lots, comprising a total of 1,820 shares with an investment amount of ₹1,92,920.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 140 | ₹14,840 |
| Retail Maximum | 13 | 1,820 | ₹1,92,920 |
| S-HNI Minimum | 14 | 1,960 | ₹2,07,760 |
| S-HNI Maximum | 67 | 9,380 | ₹9,94,280 |
| B-HNI Minimum | 68 | 9,520 | ₹10,09,120 |
Canara HSBC Life IPO IPO Allotment & Listing Date (Details)
The Canara HSBC Life IPO will open for subscription on October 10, 2025, and close on October 14, 2025. The IPO allotment is expected to be finalized on October 15, 2025, and the company’s shares will be listed on the BSE and NSE on October 17, 2025.
| IPO Open Date: | October 10, 2025 |
| IPO Close Date: | October 14, 2025 |
| Basis of Allotment: | October 15, 2025 |
| Refunds: | October 16, 2025 |
| Credit to Demat Account: | October 16, 2025 |
| IPO Listing Date: | October 17, 2025 |
| IPO Bidding Cut-off Time: | October 14, 2025 – 5 PM |
Canara HSBC Life IPO IPO GMP Today:
The Canara HSBC Life IPO GMP (Grey Market Premium) is ₹10. Considering the IPO price band of ₹106 per share, the estimated listing price is projected to be around ₹116 per share (cap price + today’s GMP). This indicates an expected listing gain of approximately 9.43% per share based on the current market sentiment.
Promoters of Canara HSBC Life IPO
The promoters of Canara HSBC Life Insurance Company Limited are:
- Canara Bank
- HSBC Insurance (Asia-Pacific) Holdings Limited
Canara HSBC Life IPO– Company Financial Performance
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹261.59 | ₹- | ₹91.19 | ₹30,548.89 |
| 2024 | ₹240.88 | ₹- | ₹113.32 | ₹37,815.80 |
| 2025 | ₹234.01 | ₹- | ₹116.98 | ₹41,852.09 |
| June 2025 | ₹42.35 | ₹- | ₹23.41 | ₹44,047.98 |
Canara HSBC Life IPO Valuation – FY2025
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹1.23 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 7.97% |
| Net Asset Value (NAV): | ₹15.97 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| SBI Life InsuranceCompany Limited | 24.09 | 74.16 | 15.13% | 169.49 | 84,984.63 Cr. |
| HDFC Life Insurance Company Limited | 8.41 | 90.27 | 11.75% | 75.03 | 71,075.14 Cr. |
| ICICI Prudential Life Insurance Company Limited | 8.21 | 73.66 | 10.34% | 82.57 | 48,950.71 Cr. |
Canara HSBC Life IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://ipostatus.kfintech.com/
Canara HSBC Life IPO Lead Managers aka Merchant Bankers
- SBI Capital Markets Ltd.
- BNP Paribas
- HSBC Securities & Capital Markets (India) Pvt.Ltd.
- JM Financial Ltd.
- Motilal Oswal Investment Advisors Ltd.
Canara HSBC Life IPO Company Address
Canara HSBC Life Insurance Co.Ltd.
8 th Floor, Unit No. 808- 814,
Ambadeep Building, Kasturba Gandhi Marg,
Connaught Place, Central Delhi
Delhi, New Delhi, 110001
Phone: +91 01244506761
Email: investor@canarahsbclife.in
Website: http://www.canarahsbclife.com/
Canara HSBC Life IPO FAQs
Q1. What is the Canara HSBC Life IPO?
The Canara HSBC Life IPO is a Book Built Issue comprising an Offer for Sale (OFS) of up to 23,75,00,000 equity shares. The company aims to list its shares on the BSE and NSE to enhance visibility and provide liquidity to existing shareholders.
Q2. What are the Canara HSBC Life IPO dates?
The IPO will open on October 10, 2025, and close on October 14, 2025. The IPO allotment is expected to be finalized on October 15, 2025, with the listing date set for October 17, 2025.
Q3. What is the price band of the Canara HSBC Life IPO?
The price band for the Canara HSBC Life IPO is ₹100 to ₹140 per share.
Q4. What is the lot size of the Canara HSBC Life IPO?
The minimum market lot is 140 shares, requiring an application amount of ₹14,840. Retail investors can apply for up to 13 lots (1,820 shares) for a total investment of ₹1,92,920.
Q5. How much will Canara HSBC Life raise through the IPO?
The company plans to raise approximately ₹2,517.50 crore through the public issue.
Q6. What is the Canara HSBC Life IPO GMP today?
As of October 9, 2025, the Canara HSBC Life IPO GMP is ₹10, indicating an expected listing price of around ₹116 per share, reflecting a potential gain of approximately 9.43%.
Q7. Who are the promoters of Canara HSBC Life Insurance Company?
The promoters of the company are Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.
Q8. On which exchanges will the Canara HSBC Life IPO be listed?
The shares of Canara HSBC Life Insurance will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Q9. What are the objectives of the Canara HSBC Life IPO?
The IPO aims to:
- Facilitate an Offer for Sale (OFS) by existing shareholders.
- Achieve the benefits of listing the equity shares on the stock exchanges, enhancing the company’s visibility and brand value.
Q10. How can investors apply for the Canara HSBC Life IPO?
Investors can apply through ASBA (Applications Supported by Blocked Amount) using their bank account or through UPI via brokers and online trading platforms.
