We are a private life insurer in India and promoted by Canara Bank (which ranks as the fourth largest public sector bank by total assets in India as at March 31, 2025), according to CRISIL Report and HSBC Insurance (Asia-Pacific) Holdings Limited, a member of the HSBC group, whose global ... Read more

Parent organisation

Founded

Canara HSBC Life Insurance Company Ltd.

2007

Canara HSBC Life Insurance Company Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	7,07,85,000 (29.8%)
Employee Reserved	15,50,000 (0.65%)
Non Institutional Investors	3,53,92,500 (14.9%)
Qualified Institutional Buyers (QIBs)	4,71,90,000 (19.87%)
Retail Individual Investors (RIIs)	8,25,82,500 (34.77%)

Canara HSBC Life Insurance Company Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	10,728.36 Cr	66.09 Cr	566.86 Cr
31 Mar 2024	11,852.20 Cr	44.58 Cr	468.88 Cr
31 Mar 2023	8,446.49 Cr	-63.12 Cr	403.07 Cr

Canara HSBC Life Insurance Company Ltd. Background

Major Events And Milestones

2008

Incorporated under the name of ‘Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited’
2009

Granted a certificate of registration by the IRDAI to carry out the business of life insurance and commenced business operations
2010

According to CRISIL Report, one of the few companies to cross ?5,000.00 million new business premium (first year and single premium) in second year of operations
2011

Sold 0.11 million new policies
2013

According to CRISIL Report, became one of the fastest life insurance company to generate profits in fifth year of operations
2016

Crossed total premium of ?20,000.00 million
2019

Wiped off accumulated losses
2021

Crossed total premium of ?50,000.00 million
Crossed ?1,600.00 billion in sum assured
2022

Crossed ?250.00 billion assets under management
Declared final dividend of ?285.00 million to our Shareholders
2023

Launched new brand identity with change in logo and the name of our Company was changed to ‘Canara HSBC Life Insurance Company Limited’
2024

Declared customer bonus of ?2,318.78 million
Covered 8.86 million lives
Crossed embedded value of ?50,000.00 million
2026

Declared ?2,500.00 million bonus for policyholders for Fiscal 2025

Canara HSBC Life Insurance Company Ltd. Object of Issues

1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
2. Carry out the Offer for Sale of up to 237,500,000 Equity Shares of face value of ?10 each aggregating to ?[?] million by the Selling Shareholders

Canara HSBC Life Insurance Company Ltd. IPO Listing Details

Listing Date

17 Oct 2025

ISIN

INE01TY01017

Final Issue Price

₹ 106

Canara HSBC Life Insurance Company Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 106.00	₹ 106.00
Open	₹ 106.00	₹ 106.00
Low	₹ 105.95	₹ 106.00
High	₹ 112.75	₹ 112.80
Last Trade	₹ 111.50	₹ 111.42

Canara HSBC Life Insurance Company Ltd. Company Promoters

1. Canara Bank
2. HSBC Insurance (Asia-Pacific) Holdings Limited

Industry Overview

According to the CRISIL Report, the total premium growth for bank led life insurers in Fiscal 2023 and 2024 was 16.4% and 13.9%, respectively year-on-year basis whereas the same for non-bank led players was higher at 16.2% and 18.9% in Fiscal 2023 and 2024, respectively. The increasing adoption ... Read more

Canara HSBC Life Insurance Company Ltd. Contact Details

Address: 8th Floor, Unit No. 808-814, Ambadeep Building, Kasturba Gandhi Marg, Connaught Place, Central Delhi, New Delhi Delhi - 110001
Phone no:4506761

Email: [email protected]

4506761

Visit Website

Canara HSBC Life Insurance Company Ltd. IPO Registrar

KFin Technologies Ltd.

Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032

67162222

Canara HSBC Life Insurance Company Ltd. IPO Lead Manager(s)

BNP Paribas

1 North Avenue, Maker Maxity, Bandra-Kurla Complex, Bandra (E), Mumbai Maharashtra - 400051

33704000

FAQs

When does Canara HSBC Life Insurance Company Ltd. IPO opens and closes?

Canara HSBC Life Insurance Company Ltd. IPO opens from 10th October to 14th October 2025.

What is the size of Canara HSBC Life Insurance Company Ltd. IPO?

The size of the Canara HSBC Life Insurance Company Ltd. IPO is ₹2,517.50 Cr.

What is the price range of Canara HSBC Life Insurance Company Ltd. IPO?

The price range of Canara HSBC Life Insurance Company Ltd. IPO is at ₹100 to ₹106 per share.

What is the minimum investment and lot size required for the Canara HSBC Life Insurance Company Ltd. IPO?

The minimum investment required is ₹14,840 and minimum lot size is 140 shares.

When is Canara HSBC Life Insurance Company Ltd. IPO listing date?

The Canara HSBC Life Insurance Company Ltd. IPO will be listed on 17th October 2025.

What is the objective of Canara HSBC Life Insurance Company Ltd. IPO?

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