Canara HSBC Life IPO Subscription Status
Canara HSBC Life IPO subscribed over 0.27x on its second day till 5.00 PM on October 13, 2025.
- Canara HSBC Life IPO subscription QIB investors’ portion is 0.32 times, while NII subscribed 0.14 times, and RII investors subscribed 0.28 times.
- The company has received bids for 4,46,72,600 shares against 16,67,15,000 shares on offer on the second day of subscription.
- Canara HSBC Life IPO subscribed over 0.27x on its day 2.
- Canara HSBC Life IPO subscribed over 0.09x on its day 1.
About Canara HSBC Life Company
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 GMP:
Canara HSBC Life IPO GMP was ₹2 as of Monday, 13 October 2025. That indicates the IPO is trading at ₹108 with a ₹2 premium in the grey market against the issue price of ₹106.
