Canara HSBC Life Insurance Co.Ltd. IPO Details – Price, Date, GMP & Analysis
Canara HSBC Life Insurance Co.Ltd. IPO Overview
Company Overview
Canara HSBC Life Insurance Company Limited, established in 2007, is a private life insurance provider in India, promoted by Canara Bank and HSBC Insurance. The company offers a diverse portfolio of 20 individual products, 7 group products, and 2 optional riders, including policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana. It ranks third in individual weighted premium income among bank-led insurers from Fiscal 2021 to 2025. Bancassurance is its primary distribution channel, leveraging access to over 15,700 branches nationwide, with Canara Bank providing access to 117 million customers through its extensive branch network.
IPO Timeline
Opens
Oct 10
Closes
Oct 14
Allotment
Oct 15
Refunds
Oct 16
Shares Credit
Oct 16
Listing
Oct 17
Opens
Oct 10
Closes
Oct 14
Allotment
Oct 15
Refunds
Oct 16
Shares Credit
Oct 16
Listing
Oct 17
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 7.05x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 0.33x | Undersubscribed |
| RII (Retail Individual Investors) | 0.42x | Undersubscribed |
| Total Subscription | 2.30x | Oversubscribed |
Last updated: Oct 14, 2025, 05:06 PM
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Assets | ₹41,852.09 Cr | ₹41,852.09 Cr | ₹37,815.8 Cr | ₹30,548.89 Cr |
| EBITDA | ₹149.91 Cr | ₹149.91 Cr | ₹146.56 Cr | ₹118.82 Cr |
| NET Worth | ₹1,516.86 Cr | ₹1,516.86 Cr | ₹1,418.88 Cr | ₹1,353.07 Cr |
| Profit After Tax | ₹116.98 Cr | ₹116.98 Cr | ₹113.32 Cr | ₹91.19 Cr |
| Reserves and Surplus | ₹566.86 Cr | ₹566.86 Cr | ₹468.88 Cr | ₹403.07 Cr |
| Total Income | ₹234.01 Cr | ₹234.01 Cr | ₹240.88 Cr | ₹261.59 Cr |
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Extensive bank branch networks enhance market reach and access.
- A diverse product portfolio caters to varied customer needs.
- Associations with reputable banks build customer trust.
- Experience in life insurance supports effective risk management.
IPO Details
Canara HSBC Life IPO Details
| Employee Discount | ₹10.00 |
| Face Value | ₹10 per share |
| IPO Date | October 10, 2025 to October 14, 2025 |
| Issue Price Band | ₹100 to ₹106 per share |
| Issue Price Final | ₹106 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | October 17, 2025 |
| Lot Size | 140 Shares |
| Sale Type | Offer For Sale |
| Share Holding Post Issue | 95,00,00,000 shares |
| Share Holding Pre Issue | 95,00,00,000 shares |
| Total Issue Size | 23,75,00,000 shares (aggregating up to ₹2,517.50 Cr) |
Canara HSBC Life IPO Reservation
Share Reservation Distribution
Canara HSBC Life IPO Promoter Holding
| Promoter Holding Post Issue | 62% |
| Promoter Holding Pre Issue | 77.00% |
Canara HSBC Life IPO Listing Details
| BSE Script Code | |
| Final Issue Price | ₹106 per share |
| ISIN | INE01TY01017 |
| Listing Date | October 17, 2025 |
| NSE Listing Group | EQ (Rolling) |
| NSE Symbol | CANHLIFE |
Key Dates
