Canara HSBC Life IPO GMP, Price, Date, Allotment

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Canara HSBC life IPO GMP

Canara HSBC Life IPO Description – Incorporated in 2007, Canara HSBC Life Insurance Company is a leading private sector life insurance company in India backed by the strong bancassurance partnerships of Canara Bank and Punjab National Bank. As of 30 June 2025, the company had provided life insurance coverage to 10.51 million lives and managed assets worth INR 43,639.50 crore. Its solvency ratio stood at 200.42%, comfortably above the regulatory requirement of 150%, reflecting robust capital adequacy.

Bancassurance is the company’s principal distribution channel, contributing 87.07% of new business premiums in Fiscal 2025 and 92.33% in the three months ended 30 June 2026. With access to over 15,700 branches through Canara Bank, HSBC India, and seven regional rural banks, the company benefits from a wide geographical reach across Tier 1 to Tier 3 cities. The product portfolio comprises 20 individual and seven group insurance products, alongside two riders and coverage under the Pradhan Mantri Jeevan Jyoti Bima Yojana scheme, offering savings, protection, retirement, annuity, and ULIP solutions. It operates with a balanced product portfolio comprising linked savings, traditional savings, protection, pension, and annuity products

As of 30 June 2024, the company employed a total of 7,898 employees.

Canara HSBC life IPO Allotment

Promoters of Canara HSBC Life Insurance Company – Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited

Canara HSBC Life Insurance IPO Details

Canara HSBC Life IPO Dates10 – 14 October 2025
Canara HSBC Life IPO PriceINR 100 – 106 per share
Employee Discount – INR 10 per share
Fresh issueNil
Offer For Sale23,75,00,000 shares (INR 2,375 – 2,517.5 crore)
Total IPO size23,75,00,000 shares (INR 2,375 – 2,517.5 crore)
Minimum bid (lot size)140 shares (INR 14,840)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE, NSE

Canara HSBC Life Financial Performance

 FY 2023FY 2024FY 2025Q1 FY 2026
Revenue7,197.387,128.708,027.461,747.23
Expenses1,315.841,418.941,590.01364.06
Net income91.19113.32116.9823.41
Margin (%)1.261.581.461.34
Figures in INR Crores unless specified otherwise

Canara HSBC Life Offer News

Canara HSBC Life Valuations & Margins

FY 2023FY 2024FY 2025
(Pre-Issue)
FY 2025
(Post-Issue)
EPS0.961.191.231.23
PE Ratio81.30 – 86.1881.30 – 86.18
FY 2023FY 2024 FY 2025
RONW (%)6.908.187.97
NAV14.2414.9415.97
ROE (%)7.718.206.90
EBITDA (%)1.652.061.87
Debt/EquityNANANA
*Compiled by IPO Central from Prospectus

Canara HSBC Life IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPSubject to Sauda
13 October 20255300
11 October 20255300
10 October 2025121,200
9 October 2025121,200
8 October 2025151,500

Canara HSBC life IPO Subscription – Live Updates

CategoryQIBNIIRetailEmpTotal
Shares Offered4,71,90,0003,53,92,5008,25,82,50015,50,00016,67,15,000
14 Oct 20257.050.330.422.062.29
13 Oct 20250.320.140.271.170.27
10 Oct 20250.030.050.140.470.09

7,07,85,000 shares allotted to anchor investors are not included in these calculations.

Canara HSBC Life Insurance Company – Comparison With Listed Peer

CompanyPE ratioEPSRONW (%)NAVRevenue (Cr.)
Canara HSBC life 86.181.237.9715.978,027.46
SBI Life 74.1624.0715.13169.4984,984.63
HDFC Life 90.278.4111.7575.0371,075.14

Canara HSBC Life IPO Allotment Status

Canara HSBC Life IPO allotment status is now available on KFin Technologies website. Click on this link to get the allotment status.

Canara HSBC Life IPO Dates & Listing Performance

IPO Opening Date10 October 2025
IPO Closing Date14 October 2025
Finalization of Basis of Allotment15 October 2025
Initiation of refunds16 October 2025
Transfer of shares to demat accounts16 October 2025
Canara HSBC Life IPO Listing Date17 October 2025
Opening Price on NSEINR 106 per share (no change)
Closing Price on NSEINR 111.42 per share (up 5.11%)

Canara HSBC Life IPO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth – Not rated
GCL Broking –
Geojit –
GEPL Capital – Avoid
Hem Securities –
ICICIdirect – Subscribe
Investmentz –
Jainam Broking Neutral
DR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
SBI Securities – Not rated
Samco Securities – Subscribe for listing gain
SMC Global – 2.5/5
Swastika Investmart –
Ventura Securities – Subscribe

Canara HSBC Life IPO Lead Manager

SBI CAPITAL MARKETS LIMITED
1501, 15th floor A& B Wing, Parinee Crescenzo
Building G Block Bandra Kurla Complex
Bandra (East), Mumbai 400 051
Phone: +91 22 4006 9807
Email: [email protected]
Website: www.sbicaps.com

Canara HSBC Life Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower B Plot No. 31 & 32
Gachibowli, Financial District Nanakramguda,
Serilingampally Hyderabad 500 032
Phone: +91 40 6716 2222/18003094001
Email: [email protected]
Website: www.kfintech.com

Canara HSBC Life Contact Details

CANARA HSBC LIFE INSURANCE COMPANY LIMITED
35th Floor, Tower 1, M3M International Financial Centre,
Golf Course Extension Road, Sector 66, Gurugram 122 002
Phone: +91 0124 4506761
Email: [email protected]
Website: www.canarahsbclife.com

Canara HSBC Life IPO FAQs

How many shares in the Canara HSBC Life IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in the Canara HSBC Life Public Offer?

The best way to apply for Canara HSBC Life’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is the Canara HSBC Life IPO GMP today?

Canara HSBC life IPO GMP today is INR 5 per share.

What is the Canara HSBC Life kostak rate today?

Canara HSBC life kostak rate today is INR NA per application.

What is Canara HSBC Life Subject to Sauda rate today?

Canara HSBC Life Subject to Sauda rate today is INR 300 per application.

1 COMMENT

  1. Tata Capital’s much-anticipated Rs 15,512-crore IPO is priced at Rs 310-326 per share, significantly below its unlisted market value of Rs 735. ameya jaywant narvekar

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