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Canara HSBC Life Insurance Co.Ltd. IPO is a book build issue of ₹2,517.50 crores. The issue is entirely an offer for sale of 23.75 crore shares of ₹2,517.50 crore.
Canara HSBC Life IPO bidding started from Oct 10, 2025 and ended on Oct 14, 2025. The allotment for Canara HSBC Life IPO was finalized on Oct 15, 2025. The shares got listed on BSE, NSE on Oct 17, 2025.
Canara HSBC Life IPO price band is set at ₹106.00 per share . The lot size for an application is 140. The minimum amount of investment required by an retail is ₹14,840 (140 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,960 shares), amounting to ₹2,07,760, and for bNII, it is 68 lots (9,520 shares), amounting to ₹10,09,120.
The issue includes a reservation of up to 15,50,000 shares for employees offered at a discount of ₹10.00 to the issue price.
SBI Capital Markets Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Canara HSBC Life IPO RHP for detailed Information.
| IPO Date | October 10, 2025 to October 14, 2025 |
| Listing Date | October 17, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹100 to ₹106 per share |
| Issue Price Final | ₹106 per share |
| Lot Size | 140 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 23,75,00,000 shares (aggregating up to ₹2,517.50 Cr) |
| Employee Discount | ₹10.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 95,00,00,000 shares |
| Share Holding Post Issue | 95,00,00,000 shares |
Canara HSBC Life IPO offers total 23,75,00,000 shares. Out of which 11,79,75,000 (49.67%) allocated to QIB, 4,71,90,000 (19.87%) allocated to QIB (Ex- Anchor), 3,53,92,500 (14.90%) allocated to NII 8,25,82,500 (34.77%) allocated to RII and 7,07,85,000 (29.80%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 11,79,75,000 (49.67%) | NA |
| − Anchor Investor Shares Offered | 7,07,85,000 (29.80%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 4,71,90,000 (19.87%) | NA |
| NII (HNI) Shares Offered | 3,53,92,500 (14.90%) | NA |
| − bNII > ₹10L | 2,35,95,000 (9.93%) | 12,038 |
| − sNII < ₹10L | 1,17,97,500 (4.97%) | 6,019 |
| Retail Shares Offered | 8,25,82,500 (34.77%) | 5,89,875 |
| Employee Shares Offered | 15,50,000 (0.65%) | NA |
| Total Shares Offered | 23,75,00,000 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Canara HSBC Life IPO raises ₹750.32 crore from anchor investors. Canara HSBC Life IPO Anchor bid date is October 9, 2025. Canara HSBC Life IPO Anchor Investors list
| Bid Date | October 9, 2025 |
| Shares Offered | 7,07,85,000 |
| Anchor Portion Size (In Cr.) | 750.32 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 13, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 12, 2026 |
Canara HSBC Life IPO opens on October 10, 2025, and closes on October 14, 2025.
| 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 |
Investors can bid for a minimum of 140 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 140 | ₹14,840 |
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a private life insurance company in India, jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.
Key Business Verticals:
Canara HSBC Life Insurance offers a portfolio comprising 20 individual products, 7 group products, and 2 optional riders, along with policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The company recorded the third-highest individual weighted premium income (WPI) among bank-led insurers between Fiscal 2021 and 2025.
Distribution Channels:
Bancassurance remains the company’s core channel, with access to over 15,700 branches across India. The partnership with Canara Bank alone provides a gateway to 117 million customers through 9,849 branches (as of Mar 31, 2025).
Competitive Strenghts
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 Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 44,047.98 | 41,852.09 | 37,815.80 | 30,548.89 |
| Total Income | 42.35 | 234.01 | 240.88 | 261.59 |
| Profit After Tax | 23.41 | 116.98 | 113.32 | 91.19 |
| EBITDA | 31.28 | 149.91 | 146.56 | 118.82 |
| NET Worth | 1,540.28 | 1,516.86 | 1,418.88 | 1,353.07 |
| Reserves and Surplus | 590.28 | 566.86 | 468.88 | 403.07 |
| Amount in ₹ Crore | ||||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 7.71% |
| RoNW | 7.97% |
| Price to Book Value | 6.64 |
| Market Capitalization | 10070.00 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 1.23 | 0.99 |
| P/E (x) | 86.08 | 107.53 |
The Company Canara HSBC Life IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To carry out the Offer for Sale of up to 237,500,000 Equity Shares of face value of ₹10 each by the Selling Shareholders aggregating up to ₹[●] million; and | |
| 2 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges |
[Dilip Davda] CHLICL is Canara Bank and HSBC promoted life insurer in India having around 17 years standing. It posted inconsistency in its top lines for the reported periods, but marked growth in bottom lines. The company enjoys niche place in bancassurance segment and have strategic plans to gain business and maintain profitability. Based on its recent set of financials, the issue appears aggressively priced. The management is confident of maintaining the trends going forward. Being a pure long term story, only well-informed/cash surplus investors may park moderate funds. Read detail review...
| Listing Date | October 17, 2025 |
| BSE Script Code | 544583 |
| NSE Symbol | CANHLIFE |
| ISIN | INE01TY01017 |
| Final Issue Price | ₹106 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B (Rolling) |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹106.00 | ₹106.00 |
| Open | ₹106.00 | ₹106.00 |
| Low | ₹105.95 | ₹106.00 |
| High | ₹112.75 | ₹112.80 |
| Last Trade | ₹111.50 | ₹111.42 |
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/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://ipostatus.kfintech.com/
Canara HSBC Life IPO is a main-board IPO of 23,75,00,000 equity shares of the face value of ₹10 aggregating up to ₹2,517.50 Crores. The issue is priced at ₹106 per share. The minimum order quantity is 140.
The IPO opens on October 10, 2025, and closes on October 14, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Canara HSBC Life IPO using UPI as a payment gateway. Zerodha customers can apply in Canara HSBC Life IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Canara HSBC Life IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Canara HSBC Life IPO opens on October 10, 2025 and closes on October 14, 2025.
Canara HSBC Life IPO lot size is 140, and the minimum amount required for application is ₹14,840.
You can apply in Canara HSBC Life IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Canara HSBC Life IPO will be done on Wednesday, October 15, 2025, and the allotted shares will be credited to your demat account by Thursday, October 16, 2025. Check the Canara HSBC Life IPO allotment status.
The Canara HSBC Life IPO listing date is on Friday, October 17, 2025.
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