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Canara HSBC Life Insurance Co. Limited IPO

Canara HSBC Life Insurance Co. Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 106.00 (+0.00%)

Having completed its public offering, Canara HSBC Life Insurance Co. Limited's is now listed and trading on the NSE, BSE exchange as of 17-10-2025. The IPO raised cumulative capital of 23,75,00,000 Shares, including TBD in primary capital infusion and ₹2517.50 Cr in secondary market transactions.

The IPO was conducted with a price range of ₹100 to ₹106 and minimum investment requirement of 140 shares. subscription activity between 10-10-2025 and 14-10-2025 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 15-10-2025 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Canara HSBC IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Canara HSBC IPO Key Performance Indicator
Company Financials ( In Crores )

Canara HSBC IPO About Company

Canara HSBC Life Insurance Company Limited, incorporated in 2007, is a private life insurer in India jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings. The company offers individual life insurance plans, group insurance solutions, retirement and pension products, government schemes like PMJJBY, and digital insurance through partnerships with platforms like Policybazaar and Robinhood Insurance. Its portfolio includes 20 individual products, 7 group products, and 2 optional riders. Between April and December 2024, around 72% of eligible policy applications were processed automatically, with over 99% completed online. The company distributes its products through bancassurance, brokers, corporate agents, direct sales, and digital platforms, with bancassurance as the primary channel, reaching over 15,700 branches and 117 million customers via Canara Bank alone as of March 31, 2025.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Canara HSBC IPO Strength Factors

  1. Trusted Backing: Supported by Canara Bank and HSBC Insurance, leveraging strong brand trust for business growth.
  2. Wide Product Range: Offers individual, group, and rider products covering protection, savings, and retirement, with strong market positioning.
  3. Tech-Enabled Operations: Advanced AI, automation, and analytics improve efficiency, turnaround times, and risk management.

Canara HSBC IPO Risk Factors

  1. Reliance on Bancassurance Partners: Termination or performance decline of Canara Bank or HSBC India agreements could significantly affect business growth.
  2. Persistency Risk: Poor persistency or large-scale policy surrenders may impact financial health and cash flow.
  3. Regulatory Risk: Adverse regulatory changes or non-compliance could disrupt operations and lead to penalties.

Canara HSBC IPO Lead Manager(s)

  • Bnp Paribas
  • Hsbc Securities & Capital Markets Private Limited
  • Jm Financial Limited
  • Motilal Oswal Investment Advisors Limited
  • SBI Capital Markets Limited

Canara HSBC IPO Promoter(s)

  1. Canara Bank
  2. HSBC Insurance (Asia-Pacific)

Canara HSBC IPO Company Details

Canara HSBC Life Insurance Co. Limited
Phone:
address:

Canara HSBC IPO Registrar

Kfin Technologies Limited
Name:
Phone:

Canara HSBC IPO FAQs