IPO Guru

IPO Listed — 17 Oct 2025

Listing Price: ₹106

vs Issue Price ₹106 +₹0 (+0%)

Canara HSBC Life Insurance Co IPO GMP History | Listing Price ₹106 & Kostak Rate

IPO
Final GMP
₹ 0
--
Final Kostak
₹ 0
Final Sub. to Sauda
₹ 0

Canara HSBC Life Insurance Co IPO has been listed on October 17, 2025 at a listing price of ₹106, against the issue price of ₹106 — a gain of ₹0 (+0%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Canara HSBC Life Insurance Co IPO raised ₹2518 Cr. through its IPO at a price band of ₹100 to ₹106 per share, with a lot size of 140 shares. The IPO was open for subscription from 10 Oct 2025 to 14 Oct 2025.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
No GMP history available yet.

Canara HSBC Life Insurance Co IPO Dates

Event Date
Open Date 10 Oct, 2025
Close Date 14 Oct, 2025
Allotment Date 15 Oct, 2025
Refund Date 16 Oct, 2025
Credit to Demat 16 Oct, 2025
Listing Date 17 Oct, 2025

Canara HSBC Life Insurance Co IPO Actual Listing Price

Basis Value
Issue Price ₹106
Actual Listing Price ₹106 (+0%)
Listing Gain / Loss +₹0 per share
Listing Date 17 Oct, 2025

Is Canara HSBC Life Insurance Co IPO GMP Reliable?

Grey market premium for Canara HSBC Life Insurance Co IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the Canara HSBC Life Insurance Co IPO full review for a fundamentals-based assessment before making any grey market trades.

Canara HSBC Life Insurance Co IPO IPO Kostak Rate Explained

The Kostak rate for Canara HSBC Life Insurance Co IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About Canara HSBC Life Insurance Co IPO

Canara HSBC Life Insurance was incorporated in 2007 and commenced operations in 2008 as a joint venture between Canara Bank, HSBC Insurance (Asia-Pacific) Holdings, and Punjab National Bank. Over time, the company has evolved into a significant private life insurer in India, with a strong presence across urban and semi-urban markets. Following structural changes in its shareholding and the exit of one partner, it was rebranded in 2022, reflecting its current ownership and strategic direction.
The company offers a wide range of life insurance products including term plans, savings and endowment policies, unit-linked insurance plans (ULIPs), retirement solutions, and group insurance products catering to individuals as well as corporate clients. Its business model is largely driven by bancassurance, leveraging the extensive branch networks of its promoter banks to distribute products, along with digital platforms and agency channels. Revenue is primarily generated through premium collections and investment income from managing policyholder funds, supported by a diversified distribution network and long-term customer relationships.

Frequently Asked Questions about Canara HSBC Life Insurance Co IPO

What is the GMP of Canara HSBC Life Insurance Co IPO?

The current Grey Market Premium (GMP) of Canara HSBC Life Insurance Co IPO is not yet started or active in the market.

What is the Kostak Price of Canara HSBC Life Insurance Co IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Canara HSBC Life Insurance Co IPO is currently not available.

What is the Subject to Sauda Price of Canara HSBC Life Insurance Co IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.

What was the actual listing price of Canara HSBC Life Insurance Co IPO?

Canara HSBC Life Insurance Co IPO listed on October 17, 2025 at ₹106, against the issue price of ₹106 — a gain of +0%.

How did the GMP of Canara HSBC Life Insurance Co IPO trend before listing?

The GMP of Canara HSBC Life Insurance Co IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.

Explore Canara HSBC Life Insurance Co IPO Further

For a complete picture before making your investment decision, explore these resources:

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