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CANHLIFEEQ / NSE, BSEListed
Canara HSBC Life Insurance Co

Canara HSBC Life Insurance Company Limited, incorporated in 2007, is a private life insurer in India jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings. The company offers individual life insurance plans, group insurance solutions, retirement and pension products, government schemes like PMJJBY, and digital insurance through partnerships with platforms like Policybazaar and Robinhood Insurance. Its portfolio includes 20 individual products, 7 group products, and 2 optional riders. Between April and December 2024, around 72% of eligible policy applications were processed automatically, with over 99% completed online. The company distributes its products through bancassurance, brokers, corporate agents, direct sales, and digital platforms, with bancassurance as the primary channel, reaching over 15,700 branches and 117 million customers via Canara Bank alone as of March 31, 2025.

drhpanchor
₹100 - ₹1062.29x sub
Listed Price₹106.00
Listing Gain+0.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open10 Oct 2025
Close14 Oct 2025
Allotment15 Oct 2025
Listing17 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor7,07,85,000 shares
29.8%
QIB4,71,90,000 shares
19.87%
HNI3,53,92,500 shares
14.9%
Retail8,25,82,500 shares
34.77%
Employee15,50,000 shares
0.65%

Minimum Application Lots

Retail1 Lot (140 shares)
₹14,840
sHNI14 Lots (1,960 shares)
₹2,07,760
bHNI68 Lots (9,520 shares)
₹10,09,120

Company Promoters

Canara BankHSBC Insurance (Asia-Pacific)

Company Background

Canara HSBC Life Insurance Company Limited, incorporated in 2007, is a private life insurer in India jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings. The company offers individual life insurance plans, group insurance solutions, retirement and pension products, government schemes like PMJJBY, and digital insurance through partnersh...

Lead Managers & Bankers

Bnp ParibasHsbc Securities & Capital Markets Private LimitedJm Financial LimitedMotilal Oswal Investment Advisors LimitedSBI Capital Markets Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-25)₹42.35 Cr
Growth-83.8%
Revenue Trend (₹ in Crores)
0.0100.3200.6300.8Mar-23Mar-24Mar-25Jun-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-2542.3523.4144,047.980
Mar-25234.01116.9841,852.090
Mar-24240.88113.3237,815.800
Mar-23261.5991.1930,548.890

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-251.230%0%00
Mar-241.190%0%00
Mar-230.960%0%00

Peer Comparison & Valuation

Financial Performance

Canara HSBC Life Insurance Company

NAV/Share (₹)15.97
RONW(%)7.97
EPS (Basic) (₹)1.23

SBI Life Insurance Company Limited

NAV/Share (₹)169.49
RONW(%)15.13
EPS (Basic) (₹)24.09

HDFC Life Insurance Company Limited

NAV/Share (₹)75.03
RONW(%)11.75
EPS (Basic) (₹)8.41

ICICI Prudential Life Insurance Company Limited

NAV/Share (₹)82.57
RONW(%)10.34
EPS (Basic) (₹)8.21

Valuation

Canara HSBC Life Insurance Company

P/E(X)NA
CMP* (₹)NA
Face value (₹)10.00

SBI Life Insurance Company Limited

P/E(X)74.16
CMP* (₹)1,785.10
Face value (₹)10.00

HDFC Life Insurance Company Limited

P/E(X)90.27
CMP* (₹)759.2
Face value (₹)10.00

ICICI Prudential Life Insurance Company Limited

P/E(X)73.66
CMP* (₹)601.1
Face value (₹)10.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
15 Oct 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
17 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Canara HSBC Life Insurance Co. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization15 Oct 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date17 Oct 2025Trading commences on exchange

How to Check Canara HSBC Life Insurance Co Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Canara HSBC Life Insurance Co from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Canara HSBC Life Insurance Co IPO

Complete issue overview for Canara HSBC Life Insurance Co (CANHLIFE) IPO. The issue features an equity share price band of ₹100 – ₹106 per share with a minimum retail lot size of 140 Shares (minimum application amount of ₹14,840). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions