Search IPOs
CANHLIFE · NSE,BSE · Life Insurance
Canara HSBC Life IPO listed on 17 Oct 2025 on NSE,BSE at ₹106.00, a gain of 0.00% over the issue price of ₹106.00. The IPO was subscribed 2.29x overall.
Canara HSBC Life IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 10 Oct 2025 |
| IPO Close Date | 14 Oct 2025 |
| Basis of Allotment | 15 Oct 2025 |
| Initiation of Refunds | 16 Oct 2025 |
| Credit of Shares to Demat | 16 Oct 2025 |
| Listing Date | 17 Oct 2025 |
Listing day gain
+0%
Listed at ₹106 (issue ₹106)
Issue
₹106
Listing
₹106
Current
₹111.42
+5.11% vs issue
Day range
₹106 – ₹112.8
Issue Size
237,500,000 shares
(aggregating up to ₹2,515.95 Cr)
Issue Price
₹100 – ₹106
Face Value
₹10/share
Market Lot
140 shares
Retail Min Investment
₹14,840
Listing At
NSE,BSE
Sale Type
offer for sale
Fresh Issue
[.]
Offer for Sale
237,500,000 shares
(aggregating up to ₹2,515.95 Cr)
Issue Type
book building
Open Date
10 Oct
Close Date
14 Oct
Allotment
15 Oct
Listing
17 Oct
Last updated: 11 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 17 Oct 2025 Latest | ₹106 | ₹3 | ₹109 | ₹3 |
2.83%
|
12:00 AM |
| 16 Oct 2025 | ₹106 | ₹2.5 | ₹108.5 | ₹2.5 |
2.36%
|
12:00 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 17 Oct 2025
| Category | Subscribed (x) |
|---|---|
| QIB | 7.05x |
| NII | 0.33x |
| bNII (bids above ₹10L) | 0.28x |
| sNII (bids below ₹10L) | 0.44x |
| Retail Investors | 0.42x |
| Employees | 2.06x |
| Total | 2.29x |
Showing the latest subscription snapshot.
View full subscription historyCanara Bank and HSBC Insurance (Asia-Pacific) Holdings Ltd. are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 140 | ₹14,840 |
| Retail (Max) | 13 | 1,820 | ₹192,920 |
| S-HNI (Min) | 14 | 1,960 | ₹207,760 |
| S-HNI (Max) | 67 | 9,380 | ₹994,280 |
| B-HNI (Min) | 68 | 9,520 | ₹1,009,120 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 117,975,000 (49.67%) |
|
•
Anchor Investor Shares Offered
|
70,785,000 (29.80%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
47,190,000 (19.87%) |
| NII (HNI) Shares Offered | 35,392,500 (14.90%) |
|
•
bNII > ₹10L
|
23,595,000 (9.93%) |
|
•
sNII < ₹10L
|
11,797,500 (4.97%) |
| Retail Shares Offered | 82,582,500 (34.78%) |
| Employee | 1,550,000 (0.65%) |
| Total Shares Offered | 237,500,000 (100.00%) |
Canara HSBC Life Insurance Company Limited was incorporated in September 2007 and is headquartered in Gurugram, Haryana. It works in the life insurance sector as a bank-led private life insurer.
The company began operations in June 2008 and offers individual life insurance, group insurance, retirement and pension products, along with government schemes such as the Pradhan Mantri Jeevan Jyoti Bima Yojana, through a product suite of about 20 individual products, 7 group products and 2 optional riders. Its primary distribution channel is bancassurance, drawing on relationships with Canara Bank, HSBC, Punjab National Bank, eight regional rural banks and Dhanlaxmi Bank, alongside digital tie-ups with platforms such as Policybazaar. It ranked third in individual weighted premium income among bank-led insurers between FY2021 and FY2024. The company is jointly promoted by Canara Bank (51% stake), HSBC Insurance (Asia-Pacific) Holdings Limited (26% stake) and Punjab National Bank (23% stake).
Net profit rose about 24% year-on-year to Rs 113 crore in FY24, with annualised premium equivalent of Rs 1,887.79 crore and a value of new business of Rs 377.6 crore, as per the DRHP. The IPO was a mainboard book-built issue of about Rs 2,517.50 crore on the NSE and BSE, structured entirely as an offer for sale of up to 23.75 crore equity shares by Canara Bank, HSBC Insurance (Asia-Pacific) Holdings and Punjab National Bank, priced at Rs 100-106 per share, and it listed on 17 October 2025. As the offer was entirely an offer for sale, the company did not receive any proceeds from the issue, with the entire amount going to the selling shareholders.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Jun 2025 |
|---|---|---|---|
| Total Revenue | 240.88 | 234.01 | 42.35 |
| Profit After Tax (PAT) | 113.32 | 116.98 | 23.41 |
| EBITDA | 146.56 | 149.91 | 31.28 |
| Total Assets | 37,815.8 | 41,852.09 | 44,047.98 |
| Net Worth | 1,418.88 | 1,516.86 | 1,540.28 |
| Reserves & Surplus | 468.88 | 566.86 | 590.28 |
| Total Borrowing | - | - | - |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 7.71% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 7.97% |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 6.64x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹1.23 | ₹0.99 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 86.08x | 107.53x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹10,070 Cr | ₹10,585 Cr |
The basis of allotment for Canara HSBC Life IPO was finalised on 15 Oct 2025. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Canara HSBC Life IPO is expected to open in Oct 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Canara HSBC Life IPO is ₹100.00 - ₹106.00 per share.
As per market sources, Canara HSBC Life IPO GMP is currently ₹3.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Canara HSBC Life IPO stands at 2.29x overall.
The listing date for Canara HSBC Life IPO is 17 Oct 2025.
No comments yet. Be the first to comment!
