CANARA HSBC LIFE INSURANCE CO LIMITED
₹ 100 - ₹ 106
10-Oct-2025 - 14-Oct-2025
₹ 14840.00

/ 140 Shares

CANARA HSBC LIFE INSURANCE CO LIMITED

10-Oct-2025 - 14-Oct-2025

₹ 100 - ₹ 106

Price Band

₹ 14840.00

Minimum Investment

140

Bid Lot

237,500,000

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at BSE, NSE

  • 593,750 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Category % Shares/Amount
QIB 50% 117,975,000 Shares RS.1250.54 CR
HNI 1 5% 11,797,500 Shares RS.125.05 CR @ 6019 FORM 1X
HNI 2 10% 23,595,000 Shares RS.250.11 CR @ 12038 FORM 1X
Retail 35% 82,582,500 Shares RS.875.37 CR @ 589875 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
589875 FORM 1X 6019 FORM 1X 12038 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 140 ₹ 14,840
Retail (Upto 2 Lakh) 13 1820 ₹ 192,920
S-HNI (2 Lakh to 10 Lakh) 14 1960 ₹ 207,760
S-HNI (2 Lakh to 10 Lakh) 67 9380 ₹ 994,280
B-HNI (Above 10 Lakh) 68 9520 ₹ 1,009,120

IPO Timeline

  • Open Date

    10-Oct-2025

  • Close Date

    14-Oct-2025

  • Basis of Allotment Date

    15-Oct-2025

  • Initiation of Refunds

    16-Oct-2025

  • Credit Shares to Demat A/c

    16-Oct-2025

  • IPO Listing Date

    17-Oct-2025

Subscription as on
10-Oct-2025 17:59

Category Book Size Subscription No. of Times
QIB 47,500,000 ₹ 503.50 Cr. 1,265,040 ₹ 13.41 Cr. 0.03x
HNI (<10 LAKH) 11,797,500 ₹ 125.05 Cr. 1,346,100 ₹ 14.27 Cr. 0.11x
HNI2 (>10 LAKH) 23,595,000 ₹ 250.11 Cr. 395,080 ₹ 4.19 Cr. 0.02x
RETAIL 83,125,000 ₹ 881.13 Cr. 11,653,600 ₹ 123.53 Cr. 0.14x
Total 166,017,500 14,659,820 0.09x
Category Book Size Subscription No. of Times
QIB 47,500,000 ₹ 503.50 Cr. 1,265,040 ₹ 13.41 Cr. 0.03x
HNI (<10 LAKH) 11,797,500 ₹ 125.05 Cr. 1,346,100 ₹ 14.27 Cr. 0.11x
HNI2 (>10 LAKH) 23,595,000 ₹ 250.11 Cr. 395,080 ₹ 4.19 Cr. 0.02x
RETAIL 83,125,000 ₹ 881.13 Cr. 11,653,600 ₹ 123.53 Cr. 0.14x
Total 166,017,500 14,659,820 0.09x

*Excluding Anchor

Total No. of Application Approx : ~57168 (0.10 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 530.58 6019 (For 1x) 0.09x
HNIAT 33.64 12038 (For 1x) 0.00x
RETAIL 42888.00 589875 (For 1x) 0.07x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a private life insurance company in India, jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.

Key Business Verticals:

  • Individual Life Insurance (Savings, Endowment, Term Plans)
  • Group Insurance Solutions (Credit Life, Protection Plans)
  • Retirement & Pension Products
  • Government Schemes (PMJJBY)
  • Digital Insurance Distribution & Embedded Insurance Partnerships

Canara HSBC Life Insurance offers a portfolio comprising 20 individual products, 7 group products, and 2 optional riders, along with policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The company recorded the third-highest individual weighted premium income (WPI) among bank-led insurers between Fiscal 2021 and 2025.

Distribution Channels:

  • Bancassurance (including Canara Bank, HSBC, 8 Regional Rural Banks, Dhanlaxmi Bank)
  • Brokers and Corporate Agents
  • Direct Sales and Digital Platforms

Bancassurance remains the company’s core channel, with access to over 15,700 branches across India. The partnership with Canara Bank alone provides a gateway to 117 million customers through 9,849 branches (as of Mar 31, 2025).

Read More

Strengths

  • Established parentage and a trusted brand amplifying customer attraction
  • Multi-channel distribution network with PAN-India presence
  • Long term value creation driven by consistent and profitable financial performance
  • Diversified product portfolio
  • Technology integrated business platform with strong focus on automation and digital analytics
  • Experienced management team supported by a team of dedicated professionals

Company Promoters

Company Financials

Period Ended 30 Jun 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 44,047.98 41,852.09 37,815.80 30,548.89
Total Income 42.35 234.01 240.88 261.59
Profit After Tax 23.41 116.98 113.32 91.19
EBITDA 31.28 149.91 146.56 118.82
NET Worth 1,540.28 1,516.86 1,418.88 1,353.07
Reserves and Surplus 590.28 566.86 468.88 403.07
Amount in ? Crore

Objects of the Issue

The Company Canara HSBC Life IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (? in crores)
1 To carry out the Offer for Sale of up to 237,500,000 Equity Shares of face value of ?10 each by the Selling Shareholders aggregating up to ?[?] million; and  
2 Achieve the benefits of listing the Equity Shares on the Stock Exchanges

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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