Canara HSBC Life Insurance Company Limited had filed its DRHP with SEBI for its upcoming IPO. The expected date for the opening of the IPO can be expected around the second week of November. Canara HSBC Life Insurance IPO GMP will be available after the IPO is open for subscription.
The upcoming IPO of the Canra HSBC Life Insurance is a book-building issue with offers for sale. The total issue size of the IPO is 23,75,00,000 shares as an offer for sale.
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Canara HSBC Life Insurance IPO GMP
The IPO GMP of the Canara HSBC Life Insurance has not begun yet. The company's IPO GMP indicates the interest of retail investors in the company. One can check the latest IPO Grey Market Premium from the second day of the IPO subscription.
Canara HSBC Life Insurance IPO GMP Live Status will indirectly impact the sentiments of the IPO investors. If the Grey market premium for the company is quoted 10% above the issue price, then the possibility of the oversubscription increases.
Canara HSBC Life Insurance IPO Open Date, Close Date
Canara HSBC Life Insurance open date and close date are expected to be in the second week of November 2025. However, as of now, the open and close date have not yet been finalised.
Canara HSBC Life Insurance IPO Price Band
Canara HSBC Life Insurance IPO price band will be available soon. Meanwhile, the minimum amount to participate in the IPO by retail and HNI has not been declared yet.
Canara HSBC Life Insurance IPO Issue Size
Canara HSBC Life Insurance IPO issue size is 23,75,00,000 shares as an offer for sale with no fresh issue. The company has not disclosed the total aggregate size of the IPO.
Canara HSBC Life Insurance IPO Allotment Status
Canara HSBC Life Insurance IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.
Canara HSBC Life Insurance IPO Listing Date
Canara HSBC Life Insurance IPO listing date is expected to be around the second week of November 2025. The listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Canara HSBC Life Insurance IPO: Listing Date, Lot Size, Price Band
IPO Date |
November 2025 ( Expected) |
Listing Date |
November 2025 ( Expected) |
Face Value |
Rs 10 |
Price Band |
Yet to be announced |
Lot Size |
Yet to be announced |
Total Issue Size |
23,75,00,000 shares |
Offer For Sale |
23,75,00,000 shares |
Issue Type |
Bookbuilding IPO |
Listing At |
BSE, NSE |
Canara HSBC Life Insurance Company Limited : About the Company
Canara HSBC Life Insurance Company Limited is a private life insurance company which was incorporated in 2007. It is jointly promoted by Canara Bank and HSBC Insurance Holdings Limited.
The key business verticals of the Canara HSBC life Insurance are Individual Life insurance, Group insurance solutions, Retirement and pension products along with others. The company offers 17 individual products, 7 group products along with 2 optional riders. The company has recorded the third-highest individual weighted premium income (WPI) among bank-led insurers between Fiscal 2021 and 2024.
The company has made some significant progress in going digital while teaming up with the online platforms like Policybazaar.
The company has made strong progress in going digital by teaming up with online platforms like Policybazaar and Robinhood Insurance. Meanwhile, between April and December 2024, about 72% of eligible policy applications were completed automatically without any manual work, and more than 99% were done online.
Canara HSBC Life Insurance IPO Objectives
The IPO of Canara HSBC Life Insurance is a 100% offer for sale; therefore, the company will not receive any proceeds from the offer. The funds received from the IPO will be directly credited to the bank account of the shareholders who are selling their shares.
Canara HSBC Life Insurance IPO: Key Dates, Allotment, Listing Date
IPO Open Date |
November 2025 ( Expected) |
IPO Close Date |
November 2025 ( Expected) |
Basis Of Allotment |
November 2025 (Expected) |
Initiation Of Refunds |
Yet To Be Announced |
Shares Credit To Demat |
Yet To Be Announced |
Listing Date |
November 2025 ( Expected) |
Cut off time for UPI Mandate |
Yet To Be Announced |
Canara HSBC Life Insurance Company Limited IPO Promoter Holdings
Canara HSBC Life Insurance promoters are Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited. The Percentage of the pre-offer equity Share capital held by the Canara Bank is 51%. Meanwhile, HSBC insurance holds 26% of the equity share.
Canara HSBC Life Insurance IPO: Company Financials(In Cr)
Period Ended |
31 Dec 2024 |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Assets |
40,316.50 |
37,815.80 |
30,548.89 |
26,548.52 |
Revenue |
5,265.51 |
7,128.70 |
7,197.38 |
5,889.92 |
Profit After Tax |
84.89 |
113.32 |
91.19 |
10.24 |
Net Worth |
1,401.66 |
1,418.88 |
1,353.07 |
1,290.37 |
Canara HSBC Life Insurance IPO Registrar
Canara HSBC Life Insurance registrar is KFin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the company's name, and enter their PAN number or application ID to learn their allotment status.
How to apply for the Canara HSBC Life Insurance IPO
Interested investors can apply to the Canara HSBC Life Insurance IPO directly from the Bigul trading app. You can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.
Canara HSBC Life Insurance IPO FAQ
1. What are the details of the Canara HSBC Life Insurance IPO?
Canara HSBC Life Insurance IPO is a book-building issue with an offer for sale. The lot size, along with the price band of the IPO, has not been declared yet by the company.
2. What is the Canara HSBC Life Insurance IPO open date and closing date?
Canara HSBC Life Insurance's open date and close date are expected to be in November 2025. However, the Canara HSBC Life Insurance IPO's open date and close date have not yet been finalised.
3. What is Canara HSBC Life Insurance IPO GMP?
The Canara HSBC Life Insurance IPO GMP quotation has not yet started. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then the Canara HSBC Life Insurance IPO GMP may rise.
4. What are the details of the IPO Allotment Status?
Canara HSBC Life Insurance IPO allotment status date is expected to be November 2025. The Listing will be on the BSE and NSE platforms. The registrar of this IPO is KFin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.
5. Who are the registrar and lead managers for the Canara HSBC Life Insurance IPO?
Canara HSBC Life Insurance IPO registrar is KFin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead managers of Canara HSBC Life Insurance IPO are SBI Capital Markets Limited, BNP Paribas, HSBC Securities & Capital Markets Pvt Ltd, JM Financial Limited, and Motilal Oswal Investment Advisors Limited.
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