Canara HSBC Life IPO Details
| Detail | Description |
|---|---|
| IPO Date | October 10, 2025 to October 14, 2025 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 100 to ₹ 106 per share |
| Lot Size | 140 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 23,75,00,000 shares (aggregating up to ₹ 2,517.5 Cr) |
| Employee Discount | ₹ 10 |
| 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 |
About Canara HSBC Life IPO
Canara HSBC Life IPO is a book-built issue of INR 2,517.50 crore. The issue is entirely an offer for sale of 23.75 crore shares. The price band is set at INR 100 to INR 106 per share, and the lot size for an application is 140 shares. The minimum investment required by an individual investor is INR 14,840 (140 shares). The IPO opens for subscription on October 10, 2025 and closes on October 14, 2025. Canara HSBC Life IPO will list on BSE and NSE with a tentative listing date of October 17, 2025.
Company Background
Canara HSBC Life Insurance Co. Ltd., established in 2007, is a private life insurance firm jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited. The company offers a diverse portfolio including individual life insurance, group solutions, retirement products, government schemes, and digital insurance partnerships. It holds the third-highest individual weighted premium income among bank-led insurers. With a vast distribution network of over 15,700 bancassurance branches, Canara HSBC Life reaches 117 million customers through Canara Bank alone. The company is recognized for its trusted brand, multi-channel presence, robust technology, and experienced management, consistently delivering profitable growth in India’s life insurance sector.
Conclusion
The Canara HSBC Life IPO provides investors an opportunity to participate in a financially stable and growing insurance company with a strong presence across India. The company offers a diverse product portfolio—including 20 individual products, seven group products, and two optional riders such as the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). Its strong financials, robust brand reputation, and wide distribution reach make it a compelling choice for investors seeking long-term stability and growth in India’s expanding life insurance market.
Canara HSBC Life IPO Financial Information
Latest Revenue
42.35
₹ Crore
Profit After Tax
23.41
₹ Crore
Net Worth
1,540.28
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 30 Jun 2025 | 44,047.98 | 42.35 | 23.41 | 1,540.28 | — | ||||
| 31 Mar 2025 | 41,852.09 | 234.01 | 116.98 | 1,516.86 | — | ||||
| 31 Mar 2024 | 37,815.8 | 240.88 | 113.32 | 1,418.88 | — | ||||
| 31 Mar 2023 | 30,548.89 | 261.59 | 91.19 | 1,353.07 | — | ||||
| Amount in ₹ Crore | |||||||||
Canara HSBC Life Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 7.71% |
| ROCE | 7.97% |
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Competitive Strengths
Strong bancassurance partnerships with Canara Bank, HSBC and other regional banks.
Diverse product portfolio and financial stability.
Download regulatory filings
Canara HSBC Life IPO Timeline
| IPO Open Date | Fri, Oct 10, 2025 |
| IPO Close Date | Tue, Oct 14, 2025 |
| Tentative Allotment | Wed, Oct 15, 2025 |
| Initiation of Refunds | Thu, Oct 16, 2025 |
| Credit of Shares to Demat | Thu, Oct 16, 2025 |
| Tentative Listing Date | Fri, Oct 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Oct 14, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 140 | ₹14,840 |
| Individual investors (Retail) (Max) | 13 | 1,820 | ₹1,92,920 |
| S-HNI (Min) | 14 | 1,960 | ₹2,07,760 |
| S-HNI (Max) | 67 | 9,380 | ₹9,94,280 |
| B-HNI (Min) | 68 | 9,520 | ₹10,09,120 |