On the last day, Canara HSBC Life was subscribed 2.30 times overall, a retail quota was 0.42 times, QIB 7.05 times, and 0.33 times for NII.
Details About Canara HSBC Life IPO
Canara HSBC Life received approval from SEBI for an IPO of ₹2,517.50 crores, comprising an offer for sale up to 23,75,00,000 equity shares with a face value of ₹10 each. Canara HSBC Life has set up a ₹100 to ₹106 per share.
In the Canara HSBC Life IPO, the 1 lot size for the minimum Retail category got 140 shares. The max retail category, 1,820 shares in 13 lot sizes. S-HNI Maximum category, 1,960 shares in 14. S-HNI Maximum 9,380 shares in 67 lot sizes. B-HNI Minimum 9,520 shares in 68 lot sizes.
To invest in the Canara HSBC Life IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,840.
- Retail investors’ (Max) investment of ₹1,92,920.
- Small HNI (S-HNI): Minimum investment of ₹2,07,760.
- Small HNI (S-HNI): Maximum investment of ₹9,94,280.
- Big HNI(B-HNI): maximum investment of ₹10,09,120.
Canara HSBC Life subscription duration
Canara HSBC Life IPO started on October 10, 2025, and closed on October 14, 2025. The investor’s allotment date was October 15, 2025, and they received a refund on October 16, 2025. The Canara HSBC Life IPO listing date is October 17, 2025.
About Canara HSBC Life Company
Canara HSBC Life, founded in 2007, is one of the leading 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.
