Canara HSBC Life Insurance IPO is all set to open for subscription on October 10, 2025, with a price band fixed at ₹100 to ₹106 per equity share. The public issue will close on October 14, 2025, and the anchor investor bidding will open on October 9, 2025.
This IPO marks the debut of one of India’s well-known life insurance joint ventures — a collaboration between Canara Bank and HSBC Insurance (Asia-Pacific Holdings) — on the Indian stock exchanges.
Canara HSBC Life Insurance IPO Overview
| Particulars | Details |
|---|---|
| IPO Open Date | October 10, 2025 |
| IPO Close Date | October 14, 2025 |
| Price Band | ₹100 to ₹106 per share |
| Face Value | ₹10 per share |
| Issue Size | ₹2,517.50 crore (Offer for Sale) |
| Lot Size | To be announced |
| Anchor Bidding Date | October 9, 2025 |
| Listing Exchange | BSE & NSE |
| Type of Issue | 100% Offer for Sale (OFS) |
About Canara HSBC Life Insurance
Canara HSBC Life Insurance is a prominent Indian life insurance company, jointly promoted by Canara Bank (51%) and HSBC Insurance (Asia-Pacific). The company offers a range of life insurance, pension, and investment products, focusing on both individual and group segments.
The insurer leverages the extensive branch networks of Canara Bank and HSBC to distribute its insurance products across India.
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IPO Objective
Since the issue is a pure Offer for Sale, no funds will go directly to the company. Instead, the IPO aims to provide a liquidity event for existing shareholders, including Canara Bank, HSBC Insurance, and Punjab National Bank.
Financial Highlights Of Canara HSBC Life Insurance
- Strong bancassurance presence through Canara Bank’s network.
- Consistent growth in new business premiums and persistency ratio.
- Profitable track record over the last three financial years.
- Embedded value growth supported by stable margins and product mix.
Analyst View On Canara HSBC Life Insurance
Market experts believe the pricing of ₹100–₹106 per share appears reasonable, considering the company’s financial performance and brand strength. However, as a pure OFS, investors should assess valuation and long-term growth potential before subscribing.
Important Dates of Canara HSBC Life Insurance IPO
| Event | Date |
|---|---|
| IPO Open | October 10, 2025 |
| IPO Close | October 14, 2025 |
| Basis of Allotment | October 15, 2025 (Tentative) |
| Refunds | October 16, 2025 |
| Credit to Demat | October 16, 2025 |
| Listing Date | October 17, 2025 (Tentative) |
FAQ – Canara HSBC Life Insurance
Q1. What is the Canara HSBC Life Insurance IPO price band?
The price band is set at ₹100 to ₹106 per share.
Q2. When will the Canara HSBC Life IPO open and close?
The IPO opens on October 10, 2025, and closes on October 14, 2025.
Q3. What is the IPO size of Canara HSBC Life Insurance?
The issue size is approximately ₹2,517.50 crore, consisting entirely of an Offer for Sale.
Q4. When is the Canara HSBC Life Insurance listing date?
The company’s shares are expected to list on October 17, 2025, on both NSE and BSE.
Q5. Who are the promoters of the company?
The promoters are Canara Bank and HSBC Insurance (Asia-Pacific Holdings).
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