| Canara HSBC Life IPO Review | Canara HSBC Life IPO Allotment |
| Canara HSBC IPO Broker Recommendations | Canara HSBC Life IPO Deep Dive Into Valuations |

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.

Promoters of Canara HSBC Life Insurance Company – Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited
Table of Contents
Canara HSBC Life Insurance IPO Details
| Canara HSBC Life IPO Dates | 10 – 14 October 2025 |
| Canara HSBC Life IPO Price | INR 100 – 106 per share Employee Discount – INR 10 per share |
| Fresh issue | Nil |
| Offer For Sale | 23,75,00,000 shares (INR 2,375 – 2,517.5 crore) |
| Total IPO size | 23,75,00,000 shares (INR 2,375 – 2,517.5 crore) |
| Minimum bid (lot size) | 140 shares (INR 14,840) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Canara HSBC Life Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 7,197.38 | 7,128.70 | 8,027.46 | 1,747.23 |
| Expenses | 1,315.84 | 1,418.94 | 1,590.01 | 364.06 |
| Net income | 91.19 | 113.32 | 116.98 | 23.41 |
| Margin (%) | 1.26 | 1.58 | 1.46 | 1.34 |
Canara HSBC Life Offer News
- Canara HSBC Life RHP
- Canara HSBC Life DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
- Why Should You Invest in Canara HSBC Life Insurance IPO
Canara HSBC Life Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 0.96 | 1.19 | 1.23 | 1.23 |
| PE Ratio | – | – | 81.30 – 86.18 | 81.30 – 86.18 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 6.90 | 8.18 | 7.97 |
| NAV | 14.24 | 14.94 | 15.97 |
| ROE (%) | 7.71 | 8.20 | 6.90 |
| EBITDA (%) | 1.65 | 2.06 | 1.87 |
| Debt/Equity | NA | NA | NA |
Canara HSBC Life IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 13 October 2025 | 5 | 300 |
| 11 October 2025 | 5 | 300 |
| 10 October 2025 | 12 | 1,200 |
| 9 October 2025 | 12 | 1,200 |
| 8 October 2025 | 15 | 1,500 |
Canara HSBC life IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Emp | Total |
|---|---|---|---|---|---|
| Shares Offered | 4,71,90,000 | 3,53,92,500 | 8,25,82,500 | 15,50,000 | 16,67,15,000 |
| 14 Oct 2025 | 7.05 | 0.33 | 0.42 | 2.06 | 2.29 |
| 13 Oct 2025 | 0.32 | 0.14 | 0.27 | 1.17 | 0.27 |
| 10 Oct 2025 | 0.03 | 0.05 | 0.14 | 0.47 | 0.09 |
7,07,85,000 shares allotted to anchor investors are not included in these calculations.
Canara HSBC Life Insurance Company – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Canara HSBC life | 86.18 | 1.23 | 7.97 | 15.97 | 8,027.46 |
| SBI Life | 74.16 | 24.07 | 15.13 | 169.49 | 84,984.63 |
| HDFC Life | 90.27 | 8.41 | 11.75 | 75.03 | 71,075.14 |
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 Date | 10 October 2025 |
| IPO Closing Date | 14 October 2025 |
| Finalization of Basis of Allotment | 15 October 2025 |
| Initiation of refunds | 16 October 2025 |
| Transfer of shares to demat accounts | 16 October 2025 |
| Canara HSBC Life IPO Listing Date | 17 October 2025 |
| Opening Price on NSE | INR 106 per share (no change) |
| Closing Price on NSE | INR 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.





































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