Canara HSBC Life Insurance Company
Listed
Listed
IPO Timeline
Issue open date
10 Oct 2025Issue close date
14 Oct 2025UPI mandate deadline
14 Oct 2025Allotment finalization
15 Oct 2025Refund initiation
16 Oct 2025Share credit
16 Oct 2025Listing date
17 Oct 2025Mandate end date
29 Oct 2025Lock-in end date for anchor investors (50%)
14 Nov 2025Lock-in end date for anchor investors (remaining)
13 Jan 2026Grey Market Premium Trend
₹3
Current GMP
₹109
Est. Listing Price
2.8%
Est. Listing Gain
₹100 - ₹106
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 16 Oct | ₹3 | ₹109 | 2.83% |
| 15 Oct | ₹3 | ₹109 | 2.36% |
| 14 Oct | ₹0 | ₹106 | 0.00% |
| 13 Oct | ₹0 | ₹106 | 0.00% |
| 12 Oct | ₹1 | ₹107 | 0.94% |
| 11 Oct | ₹2 | ₹108 | 1.89% |
| 10 Oct | ₹2 | ₹108 | 1.89% |
| 9 Oct | ₹2 | ₹108 | 1.89% |
| 8 Oct | ₹10 | ₹116 | 9.43% |
| 7 Oct | ₹10 | ₹116 | 9.43% |
| 6 Oct | ₹14 | ₹120 | 13.21% |
| 5 Oct | ₹0 | ₹106 | 0.00% |
Key Dates
Open
10 Oct 2025Close
14 Oct 2025Listing
17 Oct 2025Quick Stats
Issue Size:2518cr
Lot Size:140 shares
About the Company
Canara HSBC Life Insurance Company is a life insurance provider in India, formed as a joint venture between Canara Bank, HSBC Insurance (Asia Pacific) Holdings, and Punjab National Bank. The company offers a range of life insurance products, including term insurance, endowment plans, unit-linked insurance plans (ULIPs), and retirement solutions, catering to the diverse financial needs of its customers. The firm’s distribution network leverages the branch networks of its partner banks, enhancing its reach across the country.
Strengths
- 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.
Risks
- Regulatory changes can impact operations and profitability.
- Intense competition may affect growth and pricing.
- Economic downturns can reduce policy purchases.
- Investment earnings are subject to market volatility.
- Heavy reliance on bancassurance might limit growth if strategies shift.
Canara HSBC Life Insurance Company IPO – Frequently Asked Questions
- The price band for the Canara HSBC Life Insurance Company IPO is set at ₹100 to ₹106 per share.
- The Canara HSBC Life Insurance Company IPO opens on October 10, 2025 and closes on October 14, 2025.
- The tentative listing date for the Canara HSBC Life Insurance Company IPO is October 17, 2025.
- You can apply for the Canara HSBC Life Insurance Company IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Canara HSBC Life Insurance Company, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Canara HSBC Life Insurance Company IPO is 140 shares. Investors must apply for at least one lot (i.e., 140 shares).