Canara HSBC Life Insurance Co.Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

10 Oct 2025

Close Date

14 Oct 2025

Allotment

15 Oct 2025

Listing Date

17 Oct 2025

Exchange

NSE & BSE

Price Band

₹106

Listing Price

See chart

Allotment Status

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Price Band

₹106

Per share

Face Value

₹10 per share

Lot Size

140 Shares

per lot

Issue Size

23,75,00,000 shares (aggregating up to ₹2,517.50 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,840

1 lot

Pre-IPO Holding

95,00,00,000 shares

Promoters

Post-IPO Holding

95,00,00,000 shares

Promoters

P/E (Pre)

86.08x

P/E (Post)

107.53x

EPS (Pre)

₹1.23

EPS (Post)

₹0.99

UPI Deadline

2025-10-14

Mandate

GMP

+₹2

+1.89% est.

Anchor AllotmentThu, 09 Oct 2025

Basis of AllotmentWed, 15 Oct 2025

Refund InitiationThu, 16 Oct 2025

Demat CreditThu, 16 Oct 2025

Listing DayFri, 17 Oct 2025

UPI Mandate Deadline2025-10-14

Sale TypeOffer For Sale

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Canara HSBC Life Insurance Co.Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 Oct 2025.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	237,500,000	100%	₹2,517.50

IPO Shares Offered

Canara HSBC Life Insurance Co.Ltd IPO total issue size: ₹2,517.50 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	237,500,000	₹2,517.50	100.00%

* Based on upper price band ₹106 per share

Lot Size & Investment

Lot Size

140

Shares per Lot

Issue Price

₹106.00

Upper Band

Min Investment

₹14,840

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	280	₹29,680
Retail (Max — 13 Lots)	13	1,820	₹192,920
S-HNI (Min — 14 Lots)	14	1,960	₹207,760
B-HNI (Min — 68 Lots)	68	9,520	₹1,009,120

* Issue Price ₹106 × Lot Size 140 shares

IPO Schedule

Anchor

09 Oct 2025

✓ Done

IPO Open

10 Oct 2025

✓ Done

IPO Close

14 Oct 2025

✓ Done

Allotment

15 Oct 2025

✓ Done

Refunds

16 Oct 2025

✓ Done

Demat Credit

16 Oct 2025

✓ Done

Listing Day

17 Oct 2025

✓ Done

₹106.00

INR · BSE

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Issue ₹106.00 GMP: +₹2 Live Price

About Canara HSBC Life Insurance Co.Ltd

Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a private life insurance company in India, jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.Key Business Verticals:Individual Life Insurance (Savings, Endowment, Term Plans)Group Insurance Solutions (Credit Life, Protection Plans)Retirement & Pension ProductsGovernment Schemes (PMJJBY)Digital Insurance Distribution & Embedded Insurance PartnershipsCanara HSBC Life Insurance offers a portfolio comprising 20 individual products, 7 group products, and 2 optional riders, along with policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The company recorded the third-highest individual weighted premium income (WPI) among bank-led insurers between Fiscal 2021 and 2025.Distribution Channels:Bancassurance (including Canara Bank, HSBC, 8 Regional Rural Banks, Dhanlaxmi Bank)Brokers and Corporate AgentsDirect Sales and Digital PlatformsBancassurance remains the company’s core channel, with access to over 15,700 branches across India. The partnership with Canara Bank alone provides a gateway to 117 million customers through 9,849 branches (as of Mar 31, 2025).Competitive StrenghtsEstablished parentage and a trusted brand amplifying customer attractionMulti-channel distribution network with PAN-India presenceLong term value creation driven by consistent and profitable financial performanceDiversified product portfolioTechnology integrated business platform with strong focus on automation and digital analyticsExperienced management team supported by a team of dedicated professionals

Objects of the Issue

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 Insurance Co.Ltd Financials (Amount in ₹ Crore)

Revenue from Operations

₹240.9

31 Mar 2024

₹234.0

31 Mar 2025

₹42.4

30 Jun 2025

Profit After Tax (PAT)

₹113.3

31 Mar 2024

₹117.0

31 Mar 2025

₹23.4

30 Jun 2025

Particulars	30 Jun 2025	31 Mar 2025	31 Mar 2024
Revenue from Operations	42.35	234.01	240.88
EBITDA	31.28	149.91	146.56
Profit After Tax (PAT)	23.41	116.98	113.32
Net Worth	1540.28	1516.86	1418.88
Total Assets	44047.98	41852.09	37815.80
Reserves & Surplus	590.28	566.86	468.88
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

6.64

RoE

7.71%

RoCE

7.97%

Issue Structure & Shareholding

Total Shares Offered23,75,00,000 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding95,00,00,000 shares

Post-Issue Promoter Holding95,00,00,000 shares

P/BV Ratio6.64

RoE7.71%

RoCE7.97%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

04067162222, 04079611000

einward.ris@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

SBI Capital Markets Ltd

BNP Paribas

HSBC Securities & Capital Markets

JM Financial Ltd

Motilal Oswal Investment Advisors Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Canara HSBC Life Insurance Co.Ltd IPO subscribed? ▲

Canara HSBC Life Insurance Co.Ltd IPO is subscribed 1.00 times by Oct 14, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Canara HSBC Life Insurance Co.Ltd IPO retail subscription status? ▼

The Canara HSBC Life Insurance Co.Ltd IPO retail category is subscribed 1.00 times as of 14 Oct 2025. The retail portion is oversubscribed.

How to subscribe Canara HSBC Life Insurance Co.Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 10 Oct 2025 and closes 14 Oct 2025. Min investment: ₹14,840 (1 lot = 140 shares). UPI mandate: 2025-10-14.

How many times Canara HSBC Life Insurance Co.Ltd IPO subscribed? ▼

The Canara HSBC Life Insurance Co.Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Canara HSBC Life Insurance Co.Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Oct 2025. Refunds: on 16 Oct 2025.

When Canara HSBC Life Insurance Co.Ltd IPO will be listed? ▼

The Canara HSBC Life Insurance Co.Ltd IPO listing date is 17 Oct 2025, Friday. Listed on: NSE & BSE. Issue price: ₹106. Estimated listing: ₹108. GMP: +₹2.

When Canara HSBC Life Insurance Co.Ltd IPO close? ▼

The Canara HSBC Life Insurance Co.Ltd IPO closes on 14 Oct 2025, Tuesday. UPI mandate: 2025-10-14. Allotment: 15 Oct 2025. Listing: 17 Oct 2025.

Quick Actions

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Live Price LIVE

Last Price₹106.00

Change—

Issue Price₹106.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹106

Face Value₹10

Lot Size140 Sh

Min. Amount₹14,840

GMP+₹2

Est. Listing₹108

Subscribed1.00x

Open Date10 Oct 2025

Close Date14 Oct 2025

Allotment15 Oct 2025

Listing Date17 Oct 2025

ExchangeNSE & BSE

UPI Deadline2025-10-14