The Canara HSBC Life IPO minimum market lot is 140 shares with ₹14,840 application amount. The Canara HSBC Life IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Canara HSBC Life IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.03 | 0.32 | 7.05 |
| NII | 0.05 | 0.14 | 0.33 |
| bNII | 0.02 | 0.07 | 0.28 |
| sNII | 0.11 | 0.27 | 0.44 |
| RII | 0.14 | 0.28 | 0.42 |
| EMP | 0.47 | 1.17 | 2.06 |
| Total | 0.09 | 0.27 | 2.30 |
Canara HSBC Life IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Canara HSBC Life IPO Review
- May Apply for long term
Canara HSBC Life IPO Form
How to apply for the Canara HSBC Life IPO? You can apply for Canara HSBC Life IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Canara HSBC Life IPO in the Invest section. The other option is you can apply for Canara HSBC Life IPO via IPO forms downloaded online. Check out the canara-hsbc-life forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.



