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Canara HSBC Life Insurance Co IPO

Canara HSBC Life Insurance Co IPO — date, price band, lot size & details 2025

Canara HSBC Life Insurance Co listed on 17 Oct 2025 at ₹106, flat to the ₹106 issue price.

Canara HSBC Life Insurance Company Limited is planning to launch its IPO soon. The company is a joint venture between Canara Bank and HSBC Insurance and offers various life insurance products like term plans, savings plans, and retirement solutions. The IPO will help the company raise funds and improve its market presence. Investors are watching this issue closely due to strong banking support and growing insurance demand in India.

Stock price

Canara HSBC Life Insurance Co is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 3 October.

Key dates Listed
  1. Open 10 Oct 2025
  2. Close 14 Oct 2025
  3. Allotment 15 Oct 2025
  4. Refund/credit 16 Oct 2025
  5. Listing 17 Oct 2025

Issue summary

The terms of the offer, as filed.

IPO Dates 10 to 14 Oct, 2025
Price Band ₹100 – ₹106
Face Value ₹10
Lot Size 140 Shares
Issue Size ₹2518 Cr
Sale Type OFS only
Listing On BSE, NSE
Employee Discount Rs 10.00 per share
Registrar KFin Technologies Limited
Min Investment ₹ 14,840
Reservation
QIB 50%
NII 15%
Retail 35%
Employee 0.65%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 140 shares at the ₹106 cut-off. Drag to size your application.

shares
1 lot lots
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

Three years of numbers

All figures in ₹ crore, as reported in the Canara HSBC Life Insurance Co offer document.

Total income
42.35
241
234
42
31 Mar 202431 Mar 202530 Jun 2025
Profit after tax
23.41
113
117
23
31 Mar 202431 Mar 202530 Jun 2025
EBITDA
31.28
147
150
31
31 Mar 202431 Mar 202530 Jun 2025
Metric 30 Jun 2025 31 Mar 2025 31 Mar 2024
Revenue 42.35 234.01 240.88
OPM % 1 1
EBITDA 31.28 149.91 146.56
Net Profit 23.41 116.98 113.32
Assets 44,047.98 41,852.09 37,815.80

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Canara HSBC Life Insurance Co RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
86.08
EPS (₹)
1.23
RoCE
7.71
RoNW
7.97

Canara HSBC Life Insurance Co IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹1.23
P/E Ratio (x) 86.08
Market Cap at Offer Price (₹ Cr) ₹2,017.45

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹106 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

How the company intends to use the proceeds of the issue.

Not stated

About the company

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.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Ltd
Promoter holding
95,00,00,000 → 95,00,00,000
Pre-issue → post-issue
Registered office
8 th Floor, Unit No. 808- 814, Ambadeep Building, Kasturba Gandhi Marg, Connaught Place, Central Delhi
+91 01244506761
Registrar

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
JM Financial Ltd. View track record →
Book-running lead manager
HSBC Securities & Capital Markets (India) Pvt. Ltd. View track record →
Book-running lead manager
SBI Capital Markets Ltd. View track record →
Book-running lead manager
Motilal Oswal Investment Advisors View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

JM Financial Ltd.

32 issues handled
Listed in Profit 74.2% 23 of 31 listed
Avg Listing Gain +13.5% across 31 issues
Listed Below Issue 8 of 31 listed

Best listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).

Listed in Profit 100% 4 of 4 listed
Avg Listing Gain +10.1% across 4 issues
Listed Below Issue 0 of 4 listed

Best listing: Tenneco Clean Air India (+27.2%). Weakest: NSE (+0.8%).

SBI Capital Markets Ltd.

14 issues handled
Listed in Profit 85.7% 12 of 14 listed
Avg Listing Gain +11.9% across 14 issues
Listed Below Issue 2 of 14 listed

Best listing: Indo-MIM (+44.3%). Weakest: Central Mine Planning & Design Institute (-7.0%).

Listed in Profit 70% 14 of 20 listed
Avg Listing Gain +11.2% across 20 issues
Listed Below Issue 6 of 20 listed

Best listing: Kusumgar (+37.0%). Weakest: Turtlemint Fintech Solutions (-10.4%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Canara HSBC Life Insurance Co
Email

Frequently asked

What is the GMP of Canara HSBC Life Insurance Co?

The current Grey Market Premium is ₹0.

What is the Canara HSBC Life Insurance Co IPO price band?

₹100 to ₹106, on a face value of ₹10.

When is the allotment?

The basis of allotment is 15 October 2025, with listing on 17 October 2025.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.

Canara HSBC Life Insurance Co IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹0
Subscribed
--
Min bid
₹14,840
Size my application