Canara HSBC Life IPO
Canara HSBC Life IPO open date is October 10, 2025 and the IPO will close on October 14, 2025. Canara HSBC Life IPO is a Book Built Issue. The company to raise around ₹2,517.50 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to 23,75,00,000 equity shares with face value of ₹10 each.
Canara HSBC Life IPO price band is ₹100 to ₹140 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Canara HSBC Life IPO to list on BSE, NSE on October 17, 2025. The allotment of Canara HSBC Life IPO GMP date is October 15, 2025.
About Canara HSBC Life IPO
Established 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. Canara HSBC Life offers 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).
Currently, the company's portfolio includes 20 individual products, 7 group products, and 2 rider options, as well as PMJJBY policies. What makes this company unique is that its products offer protection, guaranteed income, and market-linked growth, along with flexible payouts, investment options, and customization features. This is the key driver of strong business growth through bancassurance partnerships with its promoters. A multi-channel distribution network with a pan-India presence is one of the company's key strengths.
Canara HSBC Life IPO Details
| IPO Open Date | October 10, 2025 |
| IPO Close Date | October 14, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹100 to ₹106 Per Share |
| Issue Size | Approx ₹2,517.50 Crores |
| Offer for Sale: | Approx 23,75,00,000 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Canara HSBC Life IPO Review & Key Points
- Review:
Canara HSBC Life IPO Market Lot
The Canara HSBC Life IPO minimum market lot is 140 shares with ₹14,840 application amount. The retail investors can apply up-to 13 lots with 1,820 shares of ₹1,92,920 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 140 | ₹14,840 |
| Retail Maximum | 13 | 1,820 | ₹1,92,920 |
| S-HNI Minimum | 14 | 1,960 | ₹2,07,760 |
| S-HNI Maximum | 67 | 9,380 | ₹9,94,280 |
| B-HNI Minimum | 68 | 9,520 | ₹10,09,120 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Canara HSBC Life IPO Anchor Investors
| Anchor Bidding Date | October 9, 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | November 14, 2025 |
| lock-in period end date 50% shares (90 Days) | January 13, 2026 |
Canara HSBC Life IPO Dates
The Canara HSBC Life IPO date is October 10 and the close date is October 14. The Canara HSBC Life IPO allotment will be finalized on October 15 and the IPO listing on October 17.
| IPO Open Date: | October 10, 2025 |
| IPO Close Date: | October 14, 2025 |
| Basis of Allotment: | October 15, 2025 |
| Refunds: | October 16, 2025 |
| Credit to Demat Account: | October 16, 2025 |
| IPO Listing Date: | October 17, 2025 |
| IPO Bidding Cut-off Time: | October 14, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 9,07,06,51,260 | 77.00% |
| Promoter Holding Post Issue | 9,07,06,51,260 | 77.00% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| 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 | – |
| Achieve the benefits of listing the Equity Shares on the Stock Exchanges | – |
Canara HSBC Life IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹261.59 | ₹- | ₹91.19 | ₹30,548.89 |
| 2024 | ₹240.88 | ₹- | ₹113.32 | ₹37,815.80 |
| 2025 | ₹234.01 | ₹- | ₹116.98 | ₹41,852.09 |
| June 2025 | ₹42.35 | ₹- | ₹23.41 | ₹44,047.98 |
Canara HSBC Life IPO Valuation – FY2025
Check Canara HSBC Life IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹1.23 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 7.97% |
| Net Asset Value (NAV): | ₹15.97 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| SBI Life InsuranceCompany Limited | 24.09 | 74.16 | 15.13% | 169.49 | 84,984.63 Cr. |
| HDFC Life Insurance Company Limited | 8.41 | 90.27 | 11.75% | 75.03 | 71,075.14 Cr. |
| ICICI Prudential Life Insurance Company Limited | 8.21 | 73.66 | 10.34% | 82.57 | 48,950.71 Cr. |