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Canara HSBC Life Insurance Company

IPO GMP Today

₹0.00

Last updated: 2 Jan 2026 12:03 am

Canara HSBC Life Insurance Company IPO Subscription Details
LIVE
Last Updated: 2 Jan 2026 12:03 am
QIB7.05x
NII0.33x
Retail0.42x
bNII0.28x
sNII0.44x
Total2.29x

Overall Subscription Details: 2.29 times

Open

Oct 10, 2025

Close

Oct 14, 2025

BOA

TBA

Refunds

TBA

Listing

TBA

Canara HSBC Life Insurance Company Issue Details

Pricing & Lot

Price Band

₹100-106

Face Value

₹10 Per Equity Share

Lot Size

TBA

Managers & Listing

Listing At

BSE, NSE

Lead Managers

SBI Capital Markets Ltd BNP Paribas HSBC Securities & Capital Markets (India) JM Financial Ltd Motilal Oswal Investment Advisors Ltd

Registrar

Kfin Technologies Ltd

Issue Size

23,75,00,000 shares(aggregating up to ₹2517.5 crore)

Canara HSBC Life Insurance Company IPO Reservation
Canara HSBC Life Insurance Company IPO offers total 23,75,00,000 shares. Out of which 4,71,90,000 (20%) allocated to QIB, 3,53,92,500 (14.9%) allocated to NII,8,25,82,500 (34.77%) allocated to RII, 15,50,000 (0.65%) allocated to employees and 7,07,85,000 (30%) allocated to Anchor investors.
Investor CategoryShares OfferedPercentage
Anchor Investor Shares Offered7,07,85,000 (30%)30.00%
QIB Shares Offered4,71,90,000 (20%)20.00%
NII (HNI) Shares Offered3,53,92,500 (14.9%)14.90%
bNII > ₹10L2,35,94,480 (10%)10.00%
sNII < ₹10L1,17,97,240 (5%)5.00%
Retail Shares Offered8,25,82,500 (34.77%)34.77%
Employee Shares Offered15,50,000 (0.65%)0.65%
Total Shares Offered23,75,00,000 (100%)100.00%
GMP & Listing Expectation

GMP (per share)

0.00

Est. Listing Price

106.00

Total Listing Gain (per lot)

0.00

Grey Market Premium (GMP) is an unofficial market indicator. It reflects the premium investors are willing to pay over the issue price before listing. This is not a guaranteed return and can change rapidly.

Valuations
EPS (Pre IPO)₹1.23/-
EPS (Post IPO)₹0.99/-
Price to Book Value6.64
Market Cap10070 Cr.
Canara HSBC Life Insurance Company IPO – FAQs

The Canara HSBC Life Insurance Company is a 23,75,00,000 shares(aggregating up to ₹2517.5 crore) initial public offering. Established in 2007, Canara HSBC Life Insurance Company Limited is a private life insurance company in India, promoted j... You can learn more about what an IPO is in our beginner-friendly guide.

About Canara HSBC Life Insurance Company

Established in 2007, Canara HSBC Life Insurance Company Limited is a private life insurance company in India, promoted jointly by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited. Canara HSBC Life Insurance has a portfolio that includes 17 individual products, 7 group products, and 2 optional riders, as well as policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). Between Fiscal 2021 and 2024, the company registered the third-largest individual weighted premium income (WPI) among bank-led insurers. The organization has made good strides in digitalization by partnering with internet platforms such as Policybazaar and Robinhood Insurance. During April to December 2024, nearly 72% of online policy applications were processed automatically without any manual intervention, and over 99% were carried out online. Distribution Channels: Bancassurance (including Canara Bank, HSBC, 8 Regional Rural Banks, Dhanlaxmi Bank) Brokers and Corporate Agents Direct Sales and Online Platforms Bancassurance is still the core channel of the company with access to more than 15,700 branches spread all over India. Canara Bank tie-up alone has an access to 117 million customers via 9,816 branches as on December 31, 2024

Canara HSBC Life Insurance Company Financials
(₹ in crore)
Company Details

Name

Canara HSBC Life Insurance Company

Registrar Contact Details

GainIPO data last updated: 01 Jan 2026, 06:33 PM IST

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.