Canara HSBC Life IPO Details
| IPO Open Date | October 10, 2025 |
| IPO Close Date | October 14, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹100 to ₹106 Per Share |
| Issue Size | Approx ₹2,517.50 Crores |
| Offer for Sale: | Approx 23,75,00,000 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Canara HSBC Life IPO Review & Key Points
- Review: May Apply
- CM Rating: 45
- 100% Offer For Sale (OFS) as the existing shareholders are selling their stake; the company won’t receive fresh funds with no fresh issue included.
- Promoted by Canara Bank (51%) and HSBC Insurance (Asia-Pacific), It gives credibility, distribution reach, and banking network access.
- Canara Bank branches, HSBC India, and regional rural banks over 15,700 branches reach with give the strong outlook for business.
- Profits have grown – Profit After Tax (PAT) rose from ~₹91 crores in FY 2023 to ~₹117 crores in FY 2025.
- Competition with peers like HDFC Life, SBI Life, ICICI Prudential, etc.
- Canara HSBC Life Insurance IPO looks fairly strong with big names like Canara Bank and HSBC Insucrance, solid promoter support, growing APE, and an extensive branch network via bancassurance model. It’s competitive among newer / mid sized players but 100% OFS leads to a questions to the investors as well. Still it looks a good bet for the long term investors.
Canara HSBC Life IPO Market Lot
The Canara HSBC Life IPO minimum market lot is 140 shares with ₹14,840 application amount. The retail investors can apply up-to 13 lots with 1,820 shares of ₹1,92,920 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 140 | ₹14,840 |
| Retail Maximum | 13 | 1,820 | ₹1,92,920 |
| S-HNI Minimum | 14 | 1,960 | ₹2,07,760 |
| S-HNI Maximum | 67 | 9,380 | ₹9,94,280 |
| B-HNI Minimum | 68 | 9,520 | ₹10,09,120 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Canara HSBC Life IPO Anchor Investors
| Anchor Bidding Date | October 9, 2025 |
| Anchor Investors List | |
| Shares Offered | 7,07,85,000 Shares |
| Anchor Size | 750.32 Cr. |
| lock-in period end date 50% shares (30 Days) | November 14, 2025 |
| lock-in period end date 50% shares (90 Days) | January 13, 2026 |
Canara HSBC Life IPO Dates
The Canara HSBC Life IPO date is October 10 and the close date is October 14. The Canara HSBC Life IPO allotment will be finalized on October 15 and the IPO listing on October 17.
| IPO Open Date: | October 10, 2025 |
| IPO Close Date: | October 14, 2025 |
| Basis of Allotment: | October 15, 2025 |
| Refunds: | October 16, 2025 |
| Credit to Demat Account: | October 16, 2025 |
| IPO Listing Date: | October 17, 2025 |
| IPO Bidding Cut-off Time: | October 14, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 9,07,06,51,260 | 77.00% |
| Promoter Holding Post Issue | 9,07,06,51,260 | 77.00% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| 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 | – |
| Achieve the benefits of listing the Equity Shares on the Stock Exchanges | – |
About Canara HSBC Life IPO
Founded in 2007, Canara HSBC Life is one of the growing private life insurance companies in India, promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited. The Canara HSBC Life is involved in providing a wide range of life insurance products for individuals and groups, including savings, term plans, retirement solutions, group protection plans, endowment plans, and the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
As of now, the company’s portfolio consists of 20 individual products, 7 group products, and 2 rider options, along with PMJJBY policies. What makes this company unique is its product offers protection, guaranteed income, and market-linked growth, with flexible payouts, investment options, and customization features. The main reason behind strong business growth through the bancassurance partnerships with its promoters. Multi-channel distribution network with PAN-India presence is one of the major strengths of the company.
Canara HSBC Life IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹261.59 | ₹161.77 | ₹91.19 | ₹30,548.89 |
| 2024 | ₹240.88 | ₹117.00 | ₹113.32 | ₹37,815.80 |
| 2025 | ₹234.01 | ₹105.87 | ₹116.98 | ₹41,852.09 |
| June 2025 | ₹42.35 | ₹16.29 | ₹23.41 | ₹44,047.98 |
Canara HSBC Life IPO Valuation – FY2025
Check Canara HSBC Life IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹1.23 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 7.97% |
| Net Asset Value (NAV): | ₹15.97 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| SBI Life InsuranceCompany Limited | 24.09 | 74.16 | 15.13% | 169.49 | 84,984.63 Cr. |
| HDFC Life Insurance Company Limited | 8.41 | 90.27 | 11.75% | 75.03 | 71,075.14 Cr. |
| ICICI Prudential Life Insurance Company Limited | 8.21 | 73.66 | 10.34% | 82.57 | 48,950.71 Cr. |
IPO Lead Managers aka Merchant Bankers
- SBI Capital Markets Ltd.
- BNP Paribas
- HSBC Securities & Capital Markets (India) Pvt.Ltd.
- JM Financial Ltd.
- Motilal Oswal Investment Advisors Ltd.
Company Address
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: [email protected]
Website: http://www.canarahsbclife.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
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Note: The Canara HSBC Life IPO price band and date are officially announced. The (Canara HSBC Life IPO grey market premium) will be added to the IPO GMP page as it will start).
