Comparison between Canara HSBC Life IPO and Canara Robeco IPO.
Canara HSBC Life IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Canara Robeco IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Canara HSBC Life IPO is up to ₹2,517.50 Cr whereas the issue size of the Canara Robeco IPO is up to ₹1,326.13 Cr. The final issue price of Canara HSBC Life IPO is ₹106.00 per share and of Canara Robeco IPO is ₹266.00 per share.
| Canara HSBC Life IPO | Canara Robeco IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹253.00 per share |
| Issue Price (Upper) | ₹106.00 per share | ₹266.00 per share |
| Issue Price (Final) | ₹106.00 per share | ₹266.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 140 shares | 56 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 23,75,00,000 shares | 4,98,54,357 shares |
| OFS Issue Size (Amount) | up to ₹2,517.50 Cr | up to ₹1,326.13 Cr |
| Issue Size Total | 23,75,00,000 shares | 4,98,54,357 shares |
| Issue Size Total (Amount) | up to ₹2,517.50 Cr | up to ₹1,326.13 Cr |
Canara HSBC Life IPO opens on Oct 10, 2025, while Canara Robeco IPO opens on Oct 09, 2025. The closing date of Canara HSBC Life IPO and Canara Robeco IPO is Oct 14, 2025, and Oct 13, 2025, respectively.
| Canara HSBC Life IPO | Canara Robeco IPO | |
|---|---|---|
| Anchor Bid Date | Oct 09, 2025 | Oct 08, 2025 |
| Issue Open | Oct 10, 2025 | Oct 09, 2025 |
| Issue Close | Oct 14, 2025 | Oct 13, 2025 |
| Basis Of Allotment (Tentative) | Oct 15, 2025 | Oct 14, 2025 |
| Initiation of Refunds (Tentative) | Oct 16, 2025 | Oct 15, 2025 |
| Credit of Share (Tentative) | Oct 16, 2025 | Oct 15, 2025 |
| Listing date (Tentative) | Oct 17, 2025 | Oct 16, 2025 |
| Anchor Lockin End date 1 | Nov 13, 2025 | Nov 12, 2025 |
| Anchor Lockin End date 2 | Jan 12, 2026 | Jan 11, 2026 |
Canara HSBC Life IPO P/E ratio is 86.08, as compared to Canara Robeco IPO P/E ratio of 27.82.
| Canara HSBC Life IPO | Canara Robeco IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 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.
| Company Financials (Restated)Canara Robeco Asset Management Co.Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 77 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62 | 75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 86.08 | 27.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹10070.00 Cr. | ₹5304.50 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 7.71% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.23 | ₹9.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.97% | 36.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Canara HSBC Life IPO Retail Individual Investors (RII) are offered 8,25,82,500 shares while in Canara Robeco 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 99,70,872 shares in Canara Robeco IPO.
| Canara HSBC Life IPO | Canara Robeco IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,07,85,000 shares | 1,49,56,306 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 4,71,90,000 shares | 99,70,872 shares |
| NII | 3,53,92,500 shares | 74,78,154 shares |
| RII | 8,25,82,500 shares | 1,74,49,025 shares |
| Employee | 15,50,000 shares | 0 shares |
| Others | ||
| Total | 23,75,00,000 shares | 4,98,54,357 shares |
Canara HSBC Life IPO subscribed 2.30x in total, whereas Canara Robeco IPO subscribed 9.74x.
| Canara HSBC Life IPO | Canara Robeco IPO | |
|---|---|---|
| QIB (times) | 7.05x | 25.92x |
| NII (times) | 0.33x | 6.45x |
| Big NII (times) | 0.28x | 6.77x |
| Small NII (times) | 0.44x | 5.82x |
| RII (times) | 0.42x | 1.91x |
| Employee (times) | 2.06x | |
| Other (times) | ||
| Total (times) | 2.30x | 9.74x |
