Canara HSBC Life IPO vs Jinkushal Industries IPO

Comparison between Canara HSBC Life IPO and Jinkushal Industries IPO.

IPO Details

Canara HSBC Life IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jinkushal Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Canara HSBC Life IPO is up to ₹2,517.50 Cr whereas the issue size of the Jinkushal Industries IPO is up to ₹116.15 Cr. The final issue price of Canara HSBC Life IPO is ₹106.00 per share and of Jinkushal Industries IPO is ₹121.00 per share.

 Canara HSBC Life IPOJinkushal Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹100.00 per share₹115.00 per share
Issue Price (Upper)₹106.00 per share₹121.00 per share
Issue Price (Final)₹106.00 per share₹121.00 per share
Discount (Retail)
Discount (Employee)₹10.00 per share
Market Lot Size140 shares120 shares
Fresh Issue Size0 shares86,40,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹104.54 Cr
OFS Issue Size23,75,00,000 shares9,59,548 shares
OFS Issue Size (Amount)up to ₹2,517.50 Crup to ₹11.61 Cr
Issue Size Total23,75,00,000 shares95,99,548 shares
Issue Size Total (Amount)up to ₹2,517.50 Crup to ₹116.15 Cr

IPO Timetable

Canara HSBC Life IPO opens on Oct 10, 2025, while Jinkushal Industries IPO opens on Sep 25, 2025. The closing date of Canara HSBC Life IPO and Jinkushal Industries IPO is Oct 14, 2025, and Sep 29, 2025, respectively.

 Canara HSBC Life IPOJinkushal Industries IPO
Anchor Bid DateOct 09, 2025Sep 24, 2025
Issue OpenOct 10, 2025Sep 25, 2025
Issue CloseOct 14, 2025Sep 29, 2025
Basis Of Allotment (Tentative)Oct 15, 2025Sep 30, 2025
Initiation of Refunds (Tentative)Oct 16, 2025Oct 01, 2025
Credit of Share (Tentative)Oct 16, 2025Oct 01, 2025
Listing date (Tentative)Oct 17, 2025Oct 03, 2025
Anchor Lockin End date 1Nov 13, 2025Oct 29, 2025
Anchor Lockin End date 2Jan 12, 2026Dec 28, 2025

Financials & KPIs

Canara HSBC Life IPO P/E ratio is 86.08, as compared to Jinkushal Industries IPO P/E ratio of 18.8.

 Canara HSBC Life IPOJinkushal Industries IPO
Financials

Company Financials (Restated)

Canara HSBC Life Insurance Co.Ltd.'s revenue decreased by 3% and profit after tax (PAT) rose by 3% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets44,047.9841,852.0937,815.8030,548.89
Total Income42.35234.01240.88261.59
Profit After Tax23.41116.98113.3291.19
EBITDA31.28149.91146.56118.82
NET Worth1,540.281,516.861,418.881,353.07
Reserves and Surplus590.28566.86468.88403.07
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Jinkushal Industries Ltd.'s revenue increased by 59% and profit after tax (PAT) rose by 3% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 2024
Assets179.35109.44
Total Income385.81242.80
Profit After Tax19.1418.64
EBITDA28.6027.57
NET Worth86.1943.07
Total Borrowing54.8246.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)77100
Promoter Shareholding (Post-Issue)6274.99
P/E Ratio86.0818.8
Market Cap₹10070.00 Cr.₹464.42 Cr.
ROE7.71%28.30%
ROCE18.39%
Debt/Equity0.58
EPS₹1.23₹6.43
RoNW7.97%21.22%

Shares Offered

In the Canara HSBC Life IPO Retail Individual Investors (RII) are offered 8,25,82,500 shares while in Jinkushal Industries IPO retail investors are offered 8,25,82,500 shares. Qualified Institutional Buyers (QIB) are offered 4,71,90,000 shares in Canara HSBC Life IPO and 19,19,143 shares in Jinkushal Industries IPO.

 Canara HSBC Life IPOJinkushal Industries IPO
Anchor Investor Reservation7,07,85,000 shares28,78,500 shares
Market Maker Reservation0 shares0 shares
QIB4,71,90,000 shares19,19,143 shares
NII3,53,92,500 shares14,39,933 shares
RII8,25,82,500 shares33,61,972 shares
Employee15,50,000 shares0 shares
Others
Total23,75,00,000 shares95,99,548 shares

Bids Received (Subscription)

Canara HSBC Life IPO subscribed 2.30x in total, whereas Jinkushal Industries IPO subscribed 65.09x.

 Canara HSBC Life IPOJinkushal Industries IPO
QIB (times)7.05x35.70x
NII (times)0.33x146.39x
Big NII (times)0.28x141.05x
Small NII (times)0.44x157.05x
RII (times)0.42x47.04x
Employee (times)2.06x
Other (times)
Total (times)2.30x65.09x

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